The revitalization in the downtown core of Bothell and Kenmore has been coupled with continued population growth in both areas. Bothell has gained 9,135 residents since 2010, up from 33,505 to 42,640, ranking it as the No. 26 city in the state.

Kenmore, which is just beginning its revitalization, had only marginal growth during that period, growing from 20,400 to 21,500 residents, only a gain of 1,040, ranking it No. 46 in the state.

Winter is the slowest time of the real estate sales season. But even still, we are seeing the continued low inventory of new listings in both Bothell and Kenmore that has characterized the recent past. This, along with the growing population, creates high demand and increases appreciation.

Currently in Bothell, we have two months of inventory and homes are only staying on the market for 40 continuous days. The average price currently per square foot in the Bothell is $230, up 8.5 percent from the same period last year. The zip code 98011 in Bothell had an even higher appreciation of 14.2 percent during the same time period.

In Kenmore, we have 2.5 months of inventory and homes on average stay on the market for only 43 days. The average price per square foot currently is $241, an increase of 11 percent during the same time period last year.

Interest rates remain incredibly low between 3-4.25 percent, but with the good news in national job growth numbers, most observers anticipate interest rates will begin to slowly inch higher.

Both of these cities are centrally located with easy access to both downtown Seattle and the Eastside. They both are in the sought-after Northshore School District and offer many great recreational opportunities, such as the Burke Gilman Trail and Lake Washington access.

Considering the high demand during the slowest time of our market, we can anticipate the trend continuing through next year. Prices in these areas, though, are still much more affordable than those closer to downtown Seattle or Bellevue. With the ease of commuting and the revitalization of both downtowns, this area is a very attractive place to live.

Judy Gratton is the managing broker with John L Scott in Lynnwood Center.