Man, how time flies! Here we are, looking October in the face. If a Bothell condo has been on your radar, this week’s numbers are worth a closer look.
Over the past seven days, 14 Bothell condo listings reduced their asking prices, compared with 8 new listings. That may give buyers more room to explore their options and negotiate. It does not mean every condo is a bargain, but it does make careful comparison especially valuable.
Bothell condo activity over the last seven days
Listing activity | Condos |
|---|---|
First Look listings | 0 |
New active listings | 8 |
Back on market | 0 |
Price reductions | 14 |
Price increases | 0 |
Pending contingent on the buyer selling a home | 1 |
Expired listings | 4 |
Pending sales | 5 |
Closed sales | 2 |
Cancelled listings | 4 |
Team NSRG market-watch figures supplied for this update. Listing status changes can involve the same property, so the rows should not be added together as a count of unique condos.
What do these numbers mean for Bothell condo buyers?
Price reductions were the standout figure this week. Fourteen sellers lowered their asking prices, while eight condos came onto the active market. Four listings expired and another four were cancelled.
That activity may create opportunities for buyers who can move forward, particularly when a seller is motivated. Still, an asking-price reduction is not proof of a discount from market value. The right question is how a condo’s price compares with recent comparable sales, its condition, and its total cost of ownership.
Five condos went pending and two closed during the seven-day period. Buyers are still making purchases, so it pays to evaluate each property on its merits rather than assume every seller will negotiate the same way.
Look beyond the asking price
Inflation, borrowing costs, and monthly housing expenses remain part of the affordability picture. With a condo, I’d also look closely at the homeowners association’s dues, budget, reserve study, insurance, planned repairs, and any special assessments. Those details can change what feels like a good deal.
If you can buy comfortably, this may be a useful time to shop Bothell condos with a clear budget and a willingness to ask questions. Our team would love to help you sort through the numbers when you’re ready.
— Jeremy Minor, Team NSRG
Bothell condo market FAQs
Are Bothell condo prices falling?
This seven-day update shows 14 listing price reductions. It does not establish a marketwide decline in sale prices; that would require a comparison of closed sales over a longer period.
Is now a good time to buy a condo in Bothell?
It depends on your financing, timeline, and the individual condo. Current listing activity may give some buyers choices and negotiating opportunities, but the HOA documents and total monthly cost deserve as much attention as the asking price.
What is a First Look listing?
First Look is a listing status. There were no First Look Bothell condo listings in this seven-day update. For more detail on the status, see our guide to NWMLS First Look.
