Market Update – Bothell WA Homes For Sale

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Market Update – Bothell WA Homes For Sale

There currently about 440 homes for sale in Bothell.  Here are a few.

There have been 265 closed sales on single family homes in Bothell through July 2014.  That’s substantially up from the five year average of 188 homes sold.Value to Purchase Price 5-11-14

The median sales price for homes in Bothell WA through July 2014 was $374,950.  This represents a decline of 0.7%, from 2013.  

The average sales prices have appreciated 4.8% over last year to $387,529.  The average active listing price for Bothell homes $465,000. The five year average is $360,680.

The average price per square foot of homes that have sold in Bothell through July 2014 is $191/per sqft. The five year average is $$169/per sqft.

The number of homes for sale in Bothell has been increasing since January.  This is a very typical pattern for this town. There are currently 440 homes in Bothell for sale and that’s 27.5% more than last year this time.

Bothell homeowners are loving the fact their homes are worth more today than this time last year.  Part of the reason is people are attracted to the fine schools in Bothell.  Or maybe it’s the lower crime rates.  Either way, the median list price is up 15.3% from last year.  

Home size has been increasing in Bothell for some time now.  Many of my clients just want a larger home.  Homes with between 2,500 and 3,000 square feet are currently the most popular home.  Homes between 2,000 and 2,500 square feet make up the second most popular sized home.

The number of bedrooms desired has also been increasing in Bothell.  Homes with 4 bedrooms or more are currently the most sought after and 3 bedrooms are a close second.

If you are interested in buying a Bothell home, selling a Bothell home, or having a short sale, contact, The MyNorthwestHomes Team today at 425-330-0663 to receive a Free consultation!

With all the homes in Bothell WA that have sold recently, it has affected the value of your home.  You need to know how.  Click here to find out.

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