Bothell Housing Market Update
March 2026

Quick Take

Sometimes I look at these numbers and think, this is exactly why I break the data up the way I do for my clients. The big city stats never tell the full story.

If you just glance at the overall numbers, Bothell looks strong. Days on market is down. Homes are hovering right around full price. The median sales price jumped again.

But once you separate it by housing type and price range, it becomes much more specific.

One resale range is lifting the overall percent of list price.

One housing type pushed the citywide median price up just from a few higher sales last month.

One price range had only one sale, so the data there needs to be read carefully.

And one range currently has the longest days on market in the entire city.

This is exactly why I break it down every month instead of relying on headline numbers.

Whole City

Days on market dropped compared to last month. That tells me we are seeing early spring activity start to show up. Homes are moving.

On the surface, it feels active. Buyers are engaging. Decisions are being made.

The city is sitting just under full original list price. The median sales price jumped again from last month. But that jump is not evenly spread across all price points. New construction had a noticeable impact on that number this time around.

When you look at the city as a whole, Bothell feels steady.

When you break it apart, you can clearly see where the real momentum actually sits.

New Construction

New construction had several higher priced closings last month, which pushed the citywide median sales price up.

Builders also had the most homes sold this month compared to any other housing type or price range. So while buyers are not rushing, new construction is still outpacing much of the resale market right now.

Inventory is there. Buyers are looking. And homes are closing.

And don’t forget, most builders pay for your buyer’s agent. So bring one with you on your first visit. If you don’t have one yet… call me 😉

Townhomes

Townhomes feel steady right now. There are plenty to choose from throughout the city as well, and nearly half of them are new construction, which is outpacing the whole city right now.

Sellers are not seeing wild over list results, but they are not being pushed far under either.

This range feels balanced. Sellers, if you have a townhome, just know that you are competing with the most competitive part of the market right now, which is new construction.

Condos

There is no shortage of condos available in Bothell. This is a good balanced market right now sellers are seeing their condos get under contract but buyers

are selective here. HOA budgets, dues, and long term stability are being reviewed carefully as buyers should.

Condos are still selling, but they are not as rushed so Pricing and presentation are doing most of the heavy lifting.

Residential Resale by Price Point

Under 599K Resale

There was only one sale in this range last month.

That is important.

When only one home sells, the entire data set reflects that single property.

In this range, that one home moved quickly and sold at full asking price.

But that does not mean this entire range is suddenly competitive or tight.

It simply means that one home was positioned correctly and buyers responded.

When volume is low, the data can swing dramatically from month to month. This is one of those situations where you need to take the data with a grain of salt.

600K to 749K Resale

This is currently the slowest moving range in the city based on days on market, and 30 days is not a long time to be on the market and nothing to be scared of.

Buyers here are taking their time and may even be hoping for a gem to pop up on the market, which sometimes it really does.

They have options. They are comparing. They are not rushing to compete.

Homes are still selling, but sellers in this range need to be realistic about pacing and pricing. This is not the most competitive pocket right now.

750K to 949K Resale

Buyers are serious here and fast moving. When homes are priced well and show well, they move quickly. Based on the 17 sold properties last month, this is a very good market in this price range. Buyers are putting in offers, and sellers are getting nearly what they originally listed for and not having to wait too long before they receive an offer. This is a good market to be in.

950K to 1.149M Resale

Now let’s move into the belle of the ball for some sellers right now. This is the price range that is making the rest of the city look like sellers are getting nearly 100 percent of their list price. It has also been a minute since I have seen the stat over 100 percent like this.

That sounds dramatic, but it is being influenced by a few very strong sales.

A couple of homes sold well above asking and moved very quickly, within one day. That strength pushes the overall percentage up and the overall days on market down.

At the same time, not every seller in this range sold above list price or even that fast.

This is also where pricing strategy plays a role. Sometimes homes are intentionally listed slightly below perceived market value to create competition, and it worked on at least two homes last month. When that works, the final price can land above asking. Just so you know, one property sold at 112 percent of list price and another at 105 percent last month, which is great for those sellers.

From the outside, the citywide number makes it look like bidding wars everywhere.

When you break it down, you see that this resale pocket is doing most of the heavy lifting.

1.150M and Up

Buyers in this range and above are selective but decisive. There is plenty of inventory here, with the third highest number of homes for sale, behind condos and new construction.

Sellers are getting nearly what they listed for and are not having to wait too long to get under contract. This is a healthy market.

When a home aligns with expectations, it moves. When it misses the mark, it sits. Take a look around at your competitors’ homes.

Overall Intake on this market

Days on market is down across the city.

The median price jumped, influenced in part by higher priced new construction closings.

The city is hovering near full original list price.

But that strength is not evenly distributed.

One range had only one sale.
One range is moving slower than the rest.
One resale pocket is lifting the averages above 100 percent.

One housing type pushed the citywide median price up just from a few higher sales last month.

if you are a seller look at your competition especially around your price range housing type since buyers typically search by price point first.

This is exactly why I publish these reports every month. Markets shift. And when they do, the details matter.

You don’t need to time the market. You need to understand it.

If you own a home in Bothell and want to know how these numbers impact you specifically, request your free personalized Bothell Snapshot here.

Brandice Raybourn
Coldwell Banker Danforth
Everett Real Estate Broker
brandice@snohomesbybrandice.com

425-367-3881

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Brandice Raybourn is a data-driven real estate broker providing hyper-local housing market insights across Snohomish County and North King County.