Lake Forest Park home prices fall in April 2019

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The median sale price of a home sold in April 2019 in Lake Forest Park fell by $112,000 while total sales increased by 40%, according to BlockShopper.com.

In April 2019, there were seven homes sold, with a median sale price of $638,000 – a 14.9% decrease over the $750,000 median sale price for the same period of the previous year. There were five homes sold in Lake Forest Park in April 2018.

The median sales tax in Lake Forest Park for the most recent year with available data, 2016, was $5,447, approximately 0.9% of the median home sale price for April 2019.

The following table compares Lake Forest Park to other King County cities with similar median sales prices in April 2019:

City Apr. 2019 Home Sales Apr. 2018 Home Sales % change (Total Home Sales) Apr. 2019 Median Sales Price Apr. 2018 Median Sales Price % change (Median Sales Price)
Fall City (unincorporated) 7 3 133.3% $680,000 $710,000 -4.2%
North Bend 3 0 $666,000 $0
Duvall 10 2 400% $662,500 $333,328.75 98.8%
Bothell (unincorporated) 9 5 80% $662,000 $780,000 -15.1%
Enumclaw (unincorporated) 8 4 100% $638,250 $500,500 27.5%
Lake Forest Park 7 5 40% $638,000 $750,000 -14.9%
Shoreline 39 22 77.3% $630,000 $625,000 0.8%
Newcastle (unincorporated) 2 0 $592,500 $0
Carnation 2 0 $569,250 $0
North Bend (unincorporated) 6 6 0% $567,500 $560,000 1.3%
Vashon (unincorporated) 11 5 120% $565,000 $660,000 -14.4%


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