Bothell home sales heading to Seller’s market
By Adrian Willanger, Profit from my two decades of experience
(206 909-7536 AdrianWillanger-broker.com)
Bothell home sales heading to Seller’s market The median list price in Bothell is $399,950 is unchanged from last week’s median list price of $399,950. With the inventory and days-on-market basically unchanged and the Market Action Index (MAI see below graph) increasing, the market is not sending strong directional signals for the near-term outlook. 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 Home sales in the Bothell area continues to outstrip supply and the Market Action Index has been moving higher for se...
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