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Bothell, WA Real Estate News

By Adrian Willanger, Profit from my two decades of experience
(206 909-7536 AdrianWillanger-broker.com)
You are here: Home / Bothell Home / Lots of positive trends for the Queensborough real estate market   Bothell’s Queenborough real estate market continues it's positive streak The median list price in  Bothell’s Queenborough-Brentwood neighborhood this week is $579,475 is up from last week’s $565,000.   Inventory has been lightening lately and the  Market Action Index (see MAI chart above) has been trending up.  Though days-on-market is increasing, these are mildly positive indications for the market.   Supply and Demand In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory.  However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI.  If the market heats up, prices are likely to resume an upwa...
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By Phil Leng, Phil Leng - Retired
(Retired)
We Want To Buy You A House In Bothell   Sounds outrageous, right? But its true. We want to buy you a house, and it will be free and clear.   The Timing Is Right Prices in our area went up 12% in 2012, 13% in 2013 and roughly 11% so far in 2014. Looking ahead, we think prices are going to continue to go up over the next 5 years. This would not have worked in the period from 2007 to 2011, and it may not be favorable to do this in the future, but we think the timing is great right now.   We Want To Buy a High Quality House We have preselected high quality houses in high quality neighborhoods. You can choose any of the houses from those we have already chosen. Some neighborhoods are likely to continue to go up in value. We would like to own a house there because we would like to have price ...
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By Adrian Willanger, Profit from my two decades of experience
(206 909-7536 AdrianWillanger-broker.com)
    More Bothell sellers adjusting their home prices   This Week: The median list price in Bothell  this week is $499,500,  is down from last week’s median  list price of $499,950.   With inventory and days-on-market basically unchanged and the Market Action Index (MAI see below chart) decreasing, the market is not sending strong directional signal for near term outlook. Average days-on-market: 85 days up from last week’s 79 days. Percent of properties with price decreases: 52% is up  from last week’s 46% 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 y...
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By Adrian Willanger, Profit from my two decades of experience
(206 909-7536 AdrianWillanger-broker.com)
   Demand continues to fall for Bothell’s Brentwood -Queenborough real estate The median list price in  Bothell’s Queenborough-Brentwood neighborhood this week is $565,000 is unchanged from last week’s $565,000.   The  Market Action Index (see MAI chart above) has been trending down lately,  while inventory is climbing.  These trends imply a weakening market.   Supply and Demand The market has been cooling over time and prices plateaued for a while.  Despite the consistent decrease in MAI, we’re in the Seller’s zone.  Watch for changes in MAI.  If the MAI  resumes it’s climb, prices will likely follow suit.  If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices. Price Prices in the  Queensborough-Brentwood neighborhood seem to settled around...
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By Adrian Willanger, Profit from my two decades of experience
(206 909-7536 AdrianWillanger-broker.com)
   Demand falling for  Bothell’s Brentwood -Queenborough real estate, prices flattening  The median list price in  Bothell’s Queenborough-Brentwood neighborhood this week is $565,000 is up from last week’s $550,000.   The  Market Action Index (see MAI chart above) has been trending down lately, indicating demand falling along with supply.  Conditions point to mildly negative trends for the market.   Supply and Demand In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory .  However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI, if the market heats up, prices are likely to resume an upward climb. Price In the last few weeks we’ve seen prices in the  Queensborough-Brentwood neighborhood bounc...
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By Adrian Willanger, Profit from my two decades of experience
(206 909-7536 AdrianWillanger-broker.com)
    Bothell’s real estate market plateaued   This Week: The median list price in Bothell  this week is $499,950,  is up from last week’s median  list price of $499,000.   With inventory, days-on-market, and the  Market Action Index (MAI see below chart) all recently plateaued, the market is not sending strong directional signal for the near-term outlook. Average days-on-market: 79 days down from last week’s 80 days. Percent of properties with price decreases: 46% is up  from last week’s 44% 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 neighborhoo...
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By Adrian Willanger, Profit from my two decades of experience
(206 909-7536 AdrianWillanger-broker.com)
    Bothell’s real estate market displaying bullish signals   This Week: The median list price in Bothell  this week is $499,950,  is up from last week’s median  list price of $499,000.   The Market Action Index (MAI see below chart) has been trending down lately. while days-on-market is climbing , providing mostly bearish signs for the market. Average days-on-market: 80 days up from last week’s 78 days. Percent of properties with price decreases: 44% is down  from last week’s 45% 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.    Supp...
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By Adrian Willanger, Profit from my two decades of experience
(206 909-7536 AdrianWillanger-broker.com)
   Bothell’s Brentwood -Queenborough real estate mardet displaying bullish signs The median list price in  Bothell’s Queenborough-Brentwood neighborhood this week is $562,445 is up from last week’s $550,000.  Inventory is tightening and days-on-market is falling.  The  Market Action Index (see MAI chart above) show demand heating up.  These are relatively bullish signs for prices.   Supply and Demand In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory.  However, Inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes int the MAI, if the market heats up, prices are likely to resume an upward climb. Price In the last few weeks we’ve seen prices in the  Queensborough-Brentwood neighborhood bounce around this pla...
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By Adrian Willanger, Profit from my two decades of experience
(206 909-7536 AdrianWillanger-broker.com)
 October: Demand heating up for Bothell’s Brentwood -Queenborough real estate  The median list price in  Bothell’s Queenborough-Brentwood neighborhood this week is $550,000 is down from last week’s $554,950.  Inventory is tightening and days-on-market is falling.  The  Market Action Index (see MAI chart above) show demand heating up.  These are relatively bullish signs for prices.   Supply and Demand The market has been cooling over time and prices have  recently flattened. Despite the consistent decreased in Market Action Index, we’re in a Seller’s Market.  If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices. Price In the last few weeks we’ve seen prices in the  Queensborough-Brentwood neighborhood bounce around this plateau.  Look for a...
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By Adrian Willanger, Profit from my two decades of experience
(206 909-7536 AdrianWillanger-broker.com)
    Market times increasing for Bothell real estate listings   This Week: The median list price in Bothell  this week is $499,000,  is down from last week’s median  list price of $499,950.   Even though the days-on-market is trending higher, so is the  Market Action Index (MAI see below chart) at these inventory levels, providing a neutral outlook for the market. Average days-on-market: 78 days up from last week’s 77 days. Percent of properties with price decreases: 45% is up  from last week’s 38% 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 neig...
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By Adrian Willanger, Profit from my two decades of experience
(206 909-7536 AdrianWillanger-broker.com)
  Bothell’s Brentwood -Queenborough real estate market displaying positive signs The median list price in  Bothell’s Queenborough-Brentwood neighborhood this week is $557,450 is up from last week’s $554,950. Demand measured by the  Market Action Index (see MAI chart above) is increasing and days-on-market is trending downward.  Even as more properties come available, these are positive trends for the market.   Supply and Demand The market has been cooling over time and prices have  recently flattened. Despite the consistent decreased in Market Action Index, we’re in a Seller’s Market.  If the MAI begins to climb, prices will likely follow suit.  If the MAI drops consistently or falls into the Buyer's zone, watch for downward pressure on prices.  Price In the last few weeks we’ve seen p...
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By Adrian Willanger, Profit from my two decades of experience
(206 909-7536 AdrianWillanger-broker.com)
      Bothell’s real estate inventory climbing   This Week: The median list price in Bothell  this week is $499,950,  is up from last week’s median  list price of $496,945.   The Market Action Index (MAI see below chart) has been trending lately, while inventory and days-on-market are climbing.  The trends imply a weakening market. Average days-on-market: 77 days up from last week’s 74 days. Percent of properties with price decreases: 38% is unchanged  from last week’s 38% 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 De...
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By Adrian Willanger, Profit from my two decades of experience
(206 909-7536 AdrianWillanger-broker.com)
 Demand for Bothell’s Brentwood -Queenborough real estate increasing The median list price in  Bothell’s Queenborough-Brentwood neighborhood this week is $554,950 is up from last week’s $535,000. Demand measured by the  Market Action Index (see MAI chart above) is increasing and days-on-market is trending downward.  Even as more properties come available, these are positive trends for the market.   Supply and Demand The market has been cooling over time and prices have  recently flattened. Despite the consistent decreased in Market Action Index, we’re in a Seller’s Market.  If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices. Price In the last few weeks we’ve seen prices in the  Queensborough-Brentwood neighborhood bounce around this plat...
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By Adrian Willanger, Profit from my two decades of experience
(206 909-7536 AdrianWillanger-broker.com)
     Demand for Bothell real estate on the upswing   This Week: The median list price in Bothell  this week is $496,945,  is up from last week’s median  list price of $490,500.   Inventory and days-on-market are both trending higher recently. However, the improving Market Action Index (MAI see below chart) implies increased demand will temper the negative trends. Average days-on-market: 77 days up from last week’s 73 days. Percent of properties with price decreases: 38% is down  from last week’s 40% 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 nei...
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By Adrian Willanger, Profit from my two decades of experience
(206 909-7536 AdrianWillanger-broker.com)
 Bothell’s Brentwood-Queenborough real  estate days-on-market climbing The median list price in  Bothell’s Queenborough-Brentwood neighborhood this week is $549,500 is up from last week’s $535,000.  Inventory and days-on-market are climbing, while the Market Action Index (see MAI chart above) has been flat recently.  The trends point to a weakening market.  Supply and Demand The market has been cooling over time and prices have recently flattened. Despite the consistent decreased in Market Action Index, we’re in a Seller’s Market.  If the MAI begins to climb, prices will likely follow suit.  If the MAI drops consistently or fallls into the Buyer's zone, watch for downward pressure on prices.  Price In the last few weeks we’ve seen prices in the  Queensborough-Brentwood neighborhood bou...
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By Adrian Willanger, Profit from my two decades of experience
(206 909-7536 AdrianWillanger-broker.com)
 Bothell’s Brentwood -Queenborough real  estate market showing cooling signs The median list price in  Bothell’s Queenborough-Brentwood neighborhood this week is $535,000 is down from last week’s $541,975.  Inventory and days-on-market are both trending higher recently.  However, the improving Market Action Index (see MAI chart above) implies some increased demand will temper the negative trends. Supply and Demand The market has been cooling over time and prices have  recently flattened. Despite the consistent decreased in Market Action Index, we’re in a Seller’s Market.  If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices. Price In the last few weeks we’ve seen prices in the  Queensborough-Brentwood neighborhood bounce around this platea...
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By Dave McFarland
(RSVP Real Estate)
Market Update - Bothell WA Homes For Sale There currently about 440 homes for sale in Bothell.  Here are a few.   Therehave been 265 closed sales on single family homes in Bothell through July 2014.  That's substantially up from the five year average of 188 homes sold. The median sales price for homes in Bothell WA through July 2014 was $374,950.  This represents a decline of 0.7%, from 2013.   The average sales prices have appreciated 4.8% over last year to $387,529.  The average active listing price for Bothell homes $465,000. The five year average is $360,680. The average price per square foot of homes that have sold in Bothell through July 2014 is $191/per sqft. The five year average is $$169/per sqft.      The number of homes for sale in Bothell has been increasing since January.  ...
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By Adrian Willanger, Profit from my two decades of experience
(206 909-7536 AdrianWillanger-broker.com)
  Bothell’s real estate prices up as demand increases   This Week: The median list price in Bothell  this week is $559,925,  is up from last week’s median  list price of $499,990.   Inventory and days-on-market are both trending higher recently.  However,  the improving  Market Action Index (MAI see below chart) implies some increased demand will temper the negative trends. Average days-on-market: 72 days up from last week’s 69 days. Percent of properties with price decreases: 37% is up  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 i...
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By Brad Thomsen, Real Estate Services
(Big Bear Realty)
  Bothell Open House search tool - Search upcoming Open Houses Have you ever wanted to search for upcoming Open Houses for the weekend so you could plan your route? We have provided that here for your convenience. Just click this link and go to our search page. We have pulled a direct feed from the MLS where local agents and brokers will post throughout the week the homes they will be holding open for the upcoming weekend. Think how convenient and easy it will be to plan your weekend ahead of time. You will be able to view the homes online, read detailed property descriptions, and ask questions before heading out to drive to homes. Make sure to sign up to have Open House updates delivered directly to your desktop computer, laptop, tablet, or smartphone. Click this link and sign up for O...
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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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