Bothell Real Estate Market Update – September 2025
(Based on August 2025 stats)
The Bothell housing market is sending mixed signals right now. Some price ranges are cooling off, while others are seeing stronger demand than expected. Here’s a full breakdown so you can see where the market stands and what it means for buyers and sellers today.
Bothell, WA Real Estate Market Update – September 2025 by Brandice Raybourn
Closed Sales: Buyers Are Cautious
Overall, closed sales in Bothell are down compared to last year. This shows that buyers are being more selective and taking their time.
👉 The one exception is the $1.05M–$1.299M range, where sales are actually up 29% from last August. That tells us demand is stronger in this price point — likely because it offers more home for the money compared to nearby Eastside cities like Kirkland or Redmond.
Sellers: If you’re under $1M, you’ll need the right pricing and marketing strategy to get noticed. If you’re in that $1.05M–$1.299M sweet spot, demand is stronger, and your home may move faster than you expect.
Buyers: You have leverage in most ranges, but be prepared to move quickly if your budget is in that hot $1.05M–$1.299M zone.
Days on Market: Homes Sitting Longer
Homes are taking longer to sell across most price brackets, especially in the mid-range. In some cases, it’s nearly a month before a seller secures an offer.
Sellers: Patience is key. Price right from the start, or you risk losing even more leverage the longer your home sits.
Buyers: Longer days on market = more room for negotiation. You have time to breathe instead of rushing into an offer.
Median Sales Price: Holding Steady with One Hot Spot
Bothell’s overall median sales price is up 7.6% compared to last year. But the details matter:
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Under $750K: Prices are down about 10%, likely because fewer lower-priced homes are available.
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$1.05M–$1.299M: Prices are holding steady with a slight 2.4% increase. This range is carrying the citywide increase.
Takeaway: Not all price points are moving the same way. Sellers above $1M are still in good shape, while buyers under $750K may finally feel a little breathing room.
Inventory: Big Jump Across the Board
Inventory in Bothell is up 119% citywide. At the high end, homes over $1.3M saw the biggest jump — with 168% more listings compared to last year.
Sellers: More competition means your home needs to stand out. Presentation and condition matter more than ever.
Buyers: Finally, more options! But don’t wait too long — well-maintained, properly priced homes are still drawing multiple offers.
Percent of Original List Price: The Real Story
This is the stat sellers can’t ignore. Most homes are selling for under asking, averaging 98–99% of list price. The one exception? Homes under $750K, which are still averaging 100% of asking price.
Sellers: The days of automatic bidding wars are over in most price points. Expect to negotiate.
Buyers: You’ve got leverage to make smart offers — but know where the competition is strong so you don’t miss out.
The Bottom Line for Bothell
The Bothell market isn’t moving in one direction — it depends heavily on the price point.
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Lower-priced homes (<$750K): Still competitive, sellers are getting 100% of asking.
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Mid-tier ($750K–$1.049M): More breathing room for buyers, longer days on market.
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Hot spot ($1.05M–$1.299M): Strong demand, sales up nearly 30%.
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Luxury ($1.3M+): Inventory is soaring, giving buyers more options than ever.
Whether you’re buying or selling, the key right now is knowing where your price point fits into the bigger picture. Moving to Bothell, WA? Real Estate Insights with Brandice Raybourn
📲 Want to see how these numbers apply to your home? Let’s chat — I’d love to walk you through it. Call/text me anytime at 425-367-3881.