Bothell’s real estate inventory lightening buyer demand increasing
By Adrian Willanger, Profit from my two decades of experience
(206 909-7536 AdrianWillanger-broker.com)
Bothell’s real estate inventory lightening buyer demand increasing This Week: The median list price in Bothell this week is $510,990, is unchanged from last week’s median list price of $510,900. Inventory has been lightening lately and the Market Action Index (MAI see below chart) is trending up. Though days-on-market is increasing, these are mildly positive indications for the market. Average days-on-market: 76 days down from last week’s 74 days. Percent of properties with price decreases: 26% is down from last week’s 27% 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 propert...
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