Buyer’s still out in force in the Bothell real estate market
By Adrian Willanger, Profit from my two decades of experience
(206 909-7536 AdrianWillanger-broker.com)
Buyer’s still out in force in the Bothell real estate market This Week: The median list price in Bothell is $425,000 is down slightly from last week’s median list price of $429,000. Even though the days-on-market is trending higher, so is the Market Action Index (MAI see below chart) at these levels, providing a neutral outlook 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 continues to get hotter. More sales demand and fewer homes listed have contributed to ...
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