Lake Forest Park home prices fall in June 2018

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The median sale price of a home sold in June 2018 in Lake Forest Park fell by $55,000 while total sales decreased by 70.6%, according to BlockShopper.com.

In June 2018, there were five homes sold, with a median sale price of $690,000 – a 7.4% decrease over the $745,000 median sale price for the same period of the previous year. There were 17 homes sold in Lake Forest Park in June 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 June 2018.

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

City June 2018 Home Sales June 2017 Home Sales % change (Total Home Sales) June 2018 Median Sales Price June 2017 Median Sales Price % change (Median Sales Price)
Normandy Park 3 7 -57.1% $740,000 $540,000 37%
Newcastle 8 19 -57.9% $739,500 $817,500 -9.5%
Snoqualmie 9 28 -67.9% $739,000 $677,500 9.1%
Kenmore 14 32 -56.3% $735,400 $608,750 20.8%
Shoreline 24 64 -62.5% $691,600 $528,500 30.9%
Lake Forest Park 5 17 -70.6% $690,000 $745,000 -7.4%
Vashon (unincorporated) 8 22 -63.6% $675,000 $625,000 8%
Bothell (unincorporated) 12 14 -14.3% $633,000 $675,000 -6.2%
Newcastle (unincorporated) 2 2 0% $622,500 $475,000 31.1%
Snoqualmie (unincorporated) 3 4 -25% $588,000 $579,500 1.5%
Fenton (unincorporated) 1 0 $575,000 $0


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