The median sale price of a home sold in October 2018 in Lake Forest Park fell by $317,500 while total sales increased by 75%, according to BlockShopper.com.
In October 2018, there were seven homes sold, with a median sale price of $450,000 – a 41.4% decrease over the $767,500 median sale price for the same period of the previous year. There were four homes sold in Lake Forest Park in October 2017.
The median sales tax in Lake Forest Park for the most recent year with available data, 2016, was $5,447, approximately 1.2% of the median home sale price for October 2018.
The following table compares Lake Forest Park to other King County cities with similar median sales prices in October 2018:
| City | Oct. 2018 Home Sales | Oct. 2017 Home Sales | % change (Total Home Sales) | Oct. 2018 Median Sales Price | Oct. 2017 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| North Bend (unincorporated) | 15 | 7 | 114.3% | $507,000 | $415,000 | 22.2% |
| Ravensdale (unincorporated) | 4 | 0 | – | $506,500 | $0 | – |
| Maple Valley | 34 | 18 | 88.9% | $483,750 | $438,000 | 10.4% |
| East Renton Highlands (unincorporated) | 35 | 18 | 94.4% | $483,000 | $425,000 | 13.6% |
| Carnation | 5 | 3 | 66.7% | $470,000 | $500,000 | -6% |
| Lake Forest Park | 7 | 4 | 75% | $450,000 | $767,500 | -41.4% |
| Renton (unincorporated) | 8 | 8 | 0% | $444,975 | $465,000 | -4.3% |
| Burien | 17 | 12 | 41.7% | $425,000 | $407,500 | 4.3% |
| Lea Hill (unincorporated) | 1 | 2 | -50% | $420,000 | $839,411 | -50% |
| Seatac | 6 | 7 | -14.3% | $420,000 | $310,000 | 35.5% |
| South Federal Way (unincorporated) | 2 | 4 | -50% | $413,750 | $338,450 | 22.2% |
