Lake Forest Park home prices fall in July 2018

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The median sale price of a home sold in July 2018 in Lake Forest Park fell by $96,000 while total sales decreased by 50%, according to BlockShopper.com.

In July 2018, there were seven homes sold, with a median sale price of $652,000 – a 12.8% decrease over the $748,000 median sale price for the same period of the previous year. There were 14 homes sold in Lake Forest Park in July 2017.

The median sales tax in Lake Forest Park for the most recent year with available data, 2016, was $5,447, approximately 0.8% of the median home sale price for July 2018.

The following table compares Lake Forest Park to other King County cities with similar median sales prices in July 2018:

City July 2018 Home Sales July 2017 Home Sales % change (Total Home Sales) July 2018 Median Sales Price July 2017 Median Sales Price % change (Median Sales Price)
Black Diamond 1 4 -75% $740,000 $359,625 105.8%
Woodinville 6 2 200% $737,500 $632,225 16.7%
Bothell (unincorporated) 8 8 0% $710,000 $605,500 17.3%
Snoqualmie (unincorporated) 1 1 0% $690,000 $496,500 39%
Snoqualmie 7 10 -30% $675,000 $832,500 -18.9%
Lake Forest Park 7 14 -50% $652,000 $748,000 -12.8%
Vashon (unincorporated) 7 13 -46.2% $650,000 $640,000 1.6%
North Bend (unincorporated) 7 11 -36.4% $645,000 $600,000 7.5%
Renton (unincorporated) 5 4 25% $639,950 $392,500 63%
Shoreline 23 24 -4.2% $600,000 $582,000 3.1%
North Bend 3 2 50% $600,000 $527,750 13.7%


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