Bothell Market Report What is happening in the $600K-$749K Range

(Residential resale only — NWMLS data)

This price point is one of the most interesting ranges in Bothell right now because the stats tell one story, but the inventory itself tells another.

Here are the December numbers:

• 7 homes for sale

• 8 under contract

• 4 sold in the last 30 days

• 4 median days on market

• 102 percent of original list price

• 12 showings to pending

At first glance, this looks like one of the strongest seller markets in the city. Homes are going off the market almost immediately and selling above their original list price. But once you dig into what is actually available, the pattern becomes even clearer.

What the inventory is really saying

When you look beyond the stats and actually click through the listings in this price range, you see a very split group of properties.

Here’s what stood out:

The homes that are selling fast are single family fixers.

The detached homes in this range are not turnkey. They are mostly older, smaller, and need varying levels of cosmetic or structural work.
Even with that, they are still selling in a matter of days and they are selling at or above list price.

This tells you everything about demand at this level. Buyers who want a detached home in Bothell under $749K do not have many options, and they move quickly when one finally appears.

The homes that are sitting longer are not true single family homes.

Every property sitting on the market for extended periods falls into one of these categories:

• Mobile homes

• Modular homes

• Over-55 senior communities

These are technically classified as residential resale, but they do not behave like the single family market.
This is exactly why the median days on market is so low, because six out of the eight detached homes that sold last month went pending in fewer than five days.

For Buyers

If you are looking for a single family home in Bothell under seven hundred fifty thousand, expect:

• Limited inventory

• Quick competition

• Fixer-level condition

• Strong pricing pressure

This is one of those ranges where you need to be ready to move fast, especially on a detached home. The demand is strong because buyers are trying to stay below the next major price jump.

For Sellers

If you have a single family home in this range, you are in one of the most competitive brackets in the city.
Detached homes go pending almost immediately because buyers do not have alternatives.

But if your property is a mobile home or in an over-55 community, you are competing in a completely different segment. Those homes are taking longer, so buyers have more options and more hesitation.

Before you list, look closely at:

• How your home compares to the detached fixer competition

• Whether your condition or updates justify pushing your price

• How quickly the similar homes went pending last month

The days on market number is not an accident, this price point is moving fast for homes that match what buyers are actually trying to find.

Looking for a real estate agent in Bothell or the surrounding Snohomish and North King County areas?
Reach out anytime. I am Brandice Raybourn with Coldwell Banker Danforth.
Call or text 425 367 3881 or email brandice@snohomesbybrandice.com.