Bothell's real estate market showing some durability
By Adrian Willanger, Profit from my two decades of experience
(206 909-7536 AdrianWillanger-broker.com)
Bothell's real estate market showing some durability This Week: The median list price in Bothell is $424,950 is down slightly from last week’s median list price of $425,000. Inventory has been lightening lately and the Market Action Index (MAI see below chart) has been trending up. Though days-on-market (DOM) is increasing, these are mildly positive indications for the market. 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 Demand The Bothell real estate market in the last few weeks the market has achieved a rel...
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