Is Bothell, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since August 2022
Since last year, Bothell has remained a Seller's Market.
Housing Prices
How much do homes in Bothell, WA cost?
Median Sold Price
$976,658
$465/sqft
Based on all homes sold in the last 12 months.
Difference Since August 2022
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Aug 2022 | Aug 2023 | CHANGE |
---|---|---|---|
1 Bedroom | $335K | $350K | +4.5% |
2 Bedrooms | $550K | $490K | -10.9% |
3 Bedrooms | $850K | $799.4K | -5.9% |
4 Bedrooms | $1.1M | $1.1M | 0.4% |
5+ Bedrooms | $1.7M | $1.3M | -22.0% |
Summary: Bothell housing prices by bedroom type for August 2023 compared to the previous year: The home price of 1 bedroom homes increased by 4.5%, 2 bedroom homes decreased by 10.9%, 3 bedroom homes decreased by 5.9%, 4 bedroom homes increased by 0.4%, and 5+ bedroom homes decreased by 22%.
Median Sold Price Compared To Nearby Cities
Woodinville | $1.0M | $1.2M | +22.2% |
Maltby | $1.0M | $1.0M | +2.0% |
Bothell | $976.9K | $976.6K | 0% |
Seattle East | $1.1M | $1.0M | -2.6% |
Kenmore | $1.0M | $875K | -16.7% |
Housing Supply
How many homes are available in Bothell, WA?
Number of Homes For Sale
Jul 2023 | Aug 2023 | CHANGE |
---|---|---|
388 | 377 | -2.8% |
Summary: The Bothell real estate market had 377 homes for sale in August 2023, a 2.8% decrease compared to July 2023.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jul 2023 | Aug 2023 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 6 | +50.0% |
2 Bedrooms | 29 | 24 | -17.2% |
3 Bedrooms | 118 | 122 | +3.4% |
4 Bedrooms | 118 | 114 | -3.4% |
5+ Bedrooms | 119 | 111 | -6.7% |
Summary: The Bothell housing inventory by bedroom type for August 2023 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes decreased by 17.2%, 3 bedroom homes increased by 3.4%, 4 bedroom homes decreased by 3.4%, and 5+ bedroom homes decreased by 6.7%.
Number of Homes Sold
Jul 2023 | Aug 2023 | CHANGE |
---|---|---|
150 | 133 | -11.3% |
Asking Price vs. Sold Price
29 Homes Were Sold
Under Asking
36 Homes Were Sold
At Asking
68 Homes Were Sold
Over Asking
Summary: A total of 133 homes were sold or pending in Bothell in August 2023, down by 11.3% month-over-month. Of the 133 sold homes, 22% were sold under asking, 27% were sold at asking, and 51% were sold over asking.
Days on Market
How long does it take to sell a home in Bothell, WA?
Average Sale Time
Aug 2022 | Aug 2023 | CHANGE |
---|---|---|
18 Days | 14 Days | -20.5% |
Summary: Homes in Bothell had an average of 14 days on market in Aug 2023, down by 20.5% compared to last year.
Breakdown of Home Sale Times
117 Homes Were Sold
Under 30 Days
13 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During August 2023, 133 homes were sold in Bothell; 88% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 2% of homes were sold over 90 days.