Is Bothell, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Bothell has remained a Seller's Market.
Housing Prices in Bothell, WA
How much do homes in Bothell, WA cost?
Median Sold Price
$1,021,295
$478/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Bothell was $1,021,295 in March 2024, up 4.9% from last year, and the median price per square foot was $478.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $344.5K | $340K | -1.3% |
2 Bedrooms | $525K | $488.7K | -6.9% |
3 Bedrooms | $792.1K | $830K | +4.8% |
4 Bedrooms | $1.1M | $1.1M | +1.2% |
5+ Bedrooms | $1.4M | $1.3M | -9.0% |
Summary: Bothell housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.3%, 2 bedroom homes decreased by 6.9%, 3 bedroom homes increased by 4.8%, 4 bedroom homes increased by 1.2%, and 5+ bedroom homes decreased by 9%.
Median Sold Price Compared To Nearby Cities
Woodinville | $1.0M | $1.2M | +17.8% |
Bothell | $974K | $1.0M | +4.9% |
Seattle East | $1.1M | $1.1M | +4.0% |
Maltby | $1.1M | $1.1M | +2.6% |
Kenmore | $1.0M | $900K | -10.0% |
Housing Supply in Bothell, WA
How many homes are available in Bothell, WA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
289 | 295 | +2.1% |
Summary: The Bothell real estate market had 295 homes for sale in March 2024, a 2.1% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 6 | +500.0% |
2 Bedrooms | 31 | 26 | -16.1% |
3 Bedrooms | 101 | 103 | +2.0% |
4 Bedrooms | 92 | 114 | +23.9% |
5+ Bedrooms | 64 | 46 | -28.1% |
Summary: The Bothell housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 500%, 2 bedroom homes decreased by 16.1%, 3 bedroom homes increased by 2%, 4 bedroom homes increased by 23.9%, and 5+ bedroom homes decreased by 28.1%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
111 | 128 | +15.3% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
55 Homes Were Sold
At Asking
62 Homes Were Sold
Over Asking
Summary: A total of 128 homes were sold or pending in Bothell in March 2024, up by 15.3% month-over-month. Of the 128 sold homes, 9% were sold under asking, 43% were sold at asking, and 48% were sold over asking.
Days on Market for Bothell, WA
How long does it take to sell a home in Bothell, WA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
31 Days | 12 Days | -60.3% |
Summary: Homes in Bothell had an average of 12 days on market in Mar 2024, down by 60.3% compared to last year.
Breakdown of Home Sale Times
116 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During March 2024, 128 homes were sold in Bothell; 91% of homes were sold within 30 days, 5% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.