The median sale price of a home sold in the fourth quarter of 2018 in Lake Forest Park fell by $52,500 while total sales decreased by 33.3%, according to BlockShopper.com.
From October through December of 2018, there were 14 homes sold, with a median sale price of $642,500 – a 7.6% decrease over the $695,000 median sale price for the same period of the previous year. There were 21 homes sold in Lake Forest Park in the fourth quarter of 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 the fourth quarter of 2018.
The following table compares Lake Forest Park to other King County cities with similar median sales prices in the fourth quarter of 2018:
| City | Oct. – Dec. 2018 Home Sales | Oct. – Dec. 2017 Home Sales | % change (Total Home Sales) | Oct. – Dec. 2018 Median Sales Price | Oct. – Dec. 2017 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Lea Hill (unincorporated) | 5 | 9 | -44.4% | $700,000 | $630,000 | 11.1% |
| Kirkland (unincorporated) | 44 | 30 | 46.7% | $692,500 | $686,000 | 0.9% |
| Bothell (unincorporated) | 17 | 15 | 13.3% | $665,000 | $605,000 | 9.9% |
| Snoqualmie | 27 | 13 | 107.7% | $664,600 | $623,865 | 6.5% |
| Fall City (unincorporated) | 5 | 4 | 25% | $664,000 | $1,178,750 | -43.7% |
| Lake Forest Park | 14 | 21 | -33.3% | $642,500 | $695,000 | -7.6% |
| Kenmore | 42 | 28 | 50% | $635,000 | $684,475 | -7.2% |
| Shoreline | 84 | 54 | 55.6% | $619,200 | $590,000 | 4.9% |
| Duvall | 23 | 5 | 360% | $599,950 | $600,000 | -0% |
| North Bend | 10 | 4 | 150% | $572,100 | $610,375 | -6.3% |
| Newcastle (unincorporated) | 1 | 1 | 0% | $560,000 | $577,000 | -2.9% |
