Bothell’s Real Estate Outlook: Balance Emerges Amid Rising Prices

Bothell’s Real Estate Outlook: Balance Emerges Amid Rising Prices

Bothell’s housing market is shifting—from breakneck competition to measured balance. In July 2025, the median home price reached $1.025M, reflecting a -4% decrease year-over-year.

Cooling Indicators That Matter

1. Sales Velocity Slows Moderately

Homes now take an average of 26 days to sell, up from 13 days a year ago. Though still brisk, the pace allows buyers breathing space to compare options and consider contingencies.

2. Pricing Realignment

Remarkably, 46% of sales closed below asking price during July. Sellers are testing realistic thresholds, and buyers are taking advantage.

3. Supply Still Limited

Bothell posted 141 closed homes in July down 15% out of 596 homes on the market. however, local popularity keeps demand near capacity. As buyers gain negotiation strength, it’s crucial to watch inventory levels for opportunities.

What Buyers Should Know

• Leverage inspections and flexible timelines. In this market, a clean offer package can make a difference.
• Negotiate deliberately. With nearly half of homes selling under asking, buyers who ask thoughtfully stand a good chance.
• Stay pre-approved. Competition is cooling—but well-positioned offers still win.

What Sellers Should Do

• Set competitive list prices. Homes priced accurately are still selling quickly.
• Focus on presentation. Staging, declutter, and crisp photography can justify fewer offers and better pricing.
• Be open-minded. Accepting reasonable contingencies can attract stronger offers in a softer pace.

Why Bothell Feels Different From Other Markets

Unlike hotter markets like Kirkland or Edmonds, Bothell is at a unique inflection: stable value growth combined with softened competition. As more buyers gain confidence and builder activity continues, the area may settle into a more sustainable market rhythm.

Final Thoughts

Bothell 2025 is where pricing, pacing, and placement begin to align. For buyers, it offers opportunity; for sellers, profit realized is now tied to precision. And for professionals—agents, lenders, developers—it’s a reminder: adaptability and insight outperform urgency. The market’s momentum may be easing, however its promise remains strong.