Bothell's real estate market remains in the Seller's zone
By Adrian Willanger, Profit from my two decades of experience
(206 909-7536 AdrianWillanger-broker.com)
Bothell's real estate market remains in the Seller's zone This Week: The median list price in Bothell this week is $498,000, is down slightly from last week’s median list price of $499,990. Demand measured by the Market Action Index (MAI see below chart) is increasing and days-on-market is trending downward. Even as more properties come available, these are positive trends for the market. Average days-on-market: 60 days down from last week’s 66 days. Percent of properties with price decreases: 29% is up from last week’s 26% 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 prope...