Lake Forest Park home prices fall in September 2018

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The median sale price of a home sold in September 2018 in Lake Forest Park fell by $150,000 while total sales remained unchanged with 10 homes sold, according to BlockShopper.com.

In September 2018, there were 10 homes sold, with a median sale price of $522,500 – a 22.3% decrease over the $672,500 median sale price for the same period of the previous year. There were 10 homes sold in Lake Forest Park in September 2017, as well.

The median sales tax in Lake Forest Park for the most recent year with available data, 2016, was $5,447, approximately 1% of the median home sale price for September 2018.

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

City Sept. 2018 Home Sales Sept. 2017 Home Sales % change (Total Home Sales) Sept. 2018 Median Sales Price Sept. 2017 Median Sales Price % change (Median Sales Price)
Normandy Park 8 8 0% $587,500 $574,500 2.3%
Lea Hill (unincorporated) 9 8 12.5% $575,000 $427,500 34.5%
Carnation 1 5 -80% $541,500 $320,000 69.2%
Enumclaw (unincorporated) 8 13 -38.5% $528,225 $580,000 -8.9%
North Bend (unincorporated) 15 8 87.5% $525,000 $509,975 2.9%
Lake Forest Park 10 10 0% $522,500 $672,500 -22.3%
Renton (unincorporated) 7 9 -22.2% $502,000 $420,000 19.5%
East Renton Highlands (unincorporated) 44 68 -35.3% $490,000 $445,475 10%
Renton 44 31 41.9% $480,500 $450,000 6.8%
Vashon (unincorporated) 7 10 -30% $478,000 $481,000 -0.6%
Burien 17 21 -19% $450,000 $472,000 -4.7%


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