Displaying relatively positive Bothell’s Brentwood -Queenborough real estate market displaying positive trends
By Adrian Willanger, Profit from my two decades of experience
(206 909-7536 AdrianWillanger-broker.com)
Displaying relatively positive Bothell’s Brentwood -Queenborough real estate market displaying positive trends The median list price in Bothell’s Queenborough-Brentwood neighborhood this week is $564,900 up from last week’s $563,450. 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.Average days on market (52 days) up from last week’s (49), average price per square foot ($218).Supply and DemandThe 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 drop...