Is Bothell, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bothell is a seller's market

Buyer's
Market

Difference Since July 2021

Since last year, Bothell has remained a Seller's Market.

Key Takeaway

Bothell is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Bothell, WA cost?

Median Sold Price

$970,305

$498/sqft

Based on all homes sold in the last 12 months.

Difference Since July 2021

+$215,519(+28.6%)

Key Takeaway

Homes in Bothell have sold for 28.6% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSJul 2021Jul 2022%
1 $270K$329K
+21.9%
2 $379.9K$550K
+44.8%
3 $678.4K$853.7K
+25.8%
4 $817.4K$1.1M
+35.4%
5+ $1.1M$1.6M
+51.1%

Median Sold Price Compared To Nearby Cities

Maltby
+34.5%
Bothell
+28.6%
Kenmore
+28.3%
Seattle East
+23.7%
Woodinville
+23.6%

How many homes are available in Bothell, WA?

Number of Homes For Sale

Jun 2022Jul 2022%
217202-6.9%

Homes For Sale By Bedroom Count

# BEDSJun 2022Jul 2022%
1 66
0.0%
2 2627
+3.8%
3 6762
-7.5%
4 9283
-9.8%
5+ 2624
-7.7%

Number of Homes Sold

Jun 2022Jul 2022%
8760-31.0%

Asking Price vs. Sold Price

23 Homes Were Sold
Under Asking

19 Homes Were Sold
At Asking

18 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bothell, you may be able to get a good deal. 38.3% of homes here sold below asking price last month.

Average Sale Time

Jul 2021Jul 2022%
7 Days14 Days+81.0%

Breakdown of Home Sale Times

51 Homes Were Sold
Under 30 Days

9 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Bothell are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Bothell, WA

Bothell, WA has 202 homes for sale to choose from. The number of listings in Bothell, WA decreased by 6.9% between June 2022 and July 2022. While the average time on the market in July 2022 was 14 days, the median list price was $970,305. From June 2022 through July 2022, the following changes in listing prices were observed in this housing market: 1 bedroom properties prices increased by 21.9%, 2 bedrooms properties became 44.8% more expensive, prices of 3 bedrooms properties went up by 25.8%, prices of 4 bedrooms properties increased by 35.4%, 5 bedrooms properties became 51.1% more expensive. This housing market inventory have changed: 1 bedroom homes did not move, number of 2 bedrooms homes increased by 3.8%, 3 bedrooms homes became 7.5% less available, number of 4 bedrooms homes decreased by 9.8%, volume of 5 bedrooms homes went down by 7.7%. While more than 18 listings in Bothell, WA in July 2022 were sold above asking price, there were more than 19 listings sold at asking price, and more than 23 were sold below.

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