Bothell’s real estate market takes a pause to exhale
By Adrian Willanger, Profit from my two decades of experience
(206 909-7536 AdrianWillanger-broker.com)
Bothell’s real estate market takes a pause to exhale This Week: The median list price in Bothell this week is $499,950, is down from last week’s median list price of $499,990. The Market Action Index (MAI see below chart) has been trending down lately, while inventory is climbing. These trends imply a weakening market. i Average days-on-market: 69 days up from last week’s 67 days. Percent of properties with price decreases: 34% is unchanged from last week’s 34% Localized real estate market reports are great for getting a “feel” of what that specific market is doing. For a more accurate pricing on residential property a Competitive Market Analysis (CMA) needs to be done comparing your home with current properties that have sold recently in your neighborhood. Supply and ...
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