Lake Forest Park home prices fall in March 2019

Image
0Comments

The median sale price of a home sold in March 2019 in Lake Forest Park fell by $165,500 while total sales increased by 50%, according to BlockShopper.com.

In March 2019, there were nine homes sold, with a median sale price of $650,000 – a 20.3% decrease over the $815,500 median sale price for the same period of the previous year. There were six homes sold in Lake Forest Park in March 2018.

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 March 2019.

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

City Mar. 2019 Home Sales Mar. 2018 Home Sales % change (Total Home Sales) Mar. 2019 Median Sales Price Mar. 2018 Median Sales Price % change (Median Sales Price)
North Bend 4 5 -20% $702,995 $630,000 11.6%
Newcastle 5 4 25% $690,000 $1,089,850 -36.7%
Ravensdale (unincorporated) 3 0 $678,500 $0
Snoqualmie 9 11 -18.2% $675,000 $661,000 2.1%
Issaquah (unincorporated) 8 4 100% $652,475 $905,000 -27.9%
Lake Forest Park 9 6 50% $650,000 $815,500 -20.3%
Kenmore 15 15 0% $645,000 $608,000 6.1%
Kirkland (unincorporated) 19 11 72.7% $635,000 $702,000 -9.5%
Fall City (unincorporated) 1 2 -50% $629,300 $575,432.50 9.4%
Vashon (unincorporated) 7 9 -22.2% $610,000 $425,000 43.5%
Duvall 2 11 -81.8% $577,500 $649,000 -11%


Related

King County had a median home valuation of $390,900 of 1,010 homes in July 2023

King County had a median home valuation of $390,900 of 1,010 homes in July 2023

These are the top 100 home valuations for King County in July 2023, according to BlockShopper.com.

King County had a median home valuation of $392,000 in June 2023

King County had a median home valuation of $392,000 in June 2023

These are the top 100 home valuations for King County in June 2023, according to BlockShopper.com.

Adobe Stock

Top 100 King County home valuations for May 2023

These are the top 100 home valuations for King County in May 2023, according to BlockShopper.com.

Trending

The Weekly Newsletter

Sign-up for the Weekly Newsletter from North King News.