Lake Forest Park home prices rise in 2018

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The median sale price of a home sold in 2018 in Lake Forest Park rose by $10,000 while total sales decreased by 38.4%, according to BlockShopper.com.

From January through December of 2018, there were 77 homes sold, with a median sale price of $690,000 – a 1.5% increase over the $680,000 median sale price for the previous year. There were 125 homes sold in Lake Forest Park in 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 2018.

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

City Jan. – Dec. 2018 Home Sales Jan. – Dec. 2017 Home Sales % change (Total Home Sales) Jan. – Dec. 2018 Median Sales Price Jan. – Dec. 2017 Median Sales Price % change (Median Sales Price)
Bellevue (unincorporated) 26 45 -42.2% $777,500 $720,000 8%
Woodinville 62 103 -39.8% $767,000 $654,750 17.1%
Normandy Park 57 73 -21.9% $750,000 $630,000 19%
Kirkland (unincorporated) 182 269 -32.3% $725,500 $650,000 11.6%
Bothell 75 85 -11.8% $725,000 $700,000 3.6%
Lake Forest Park 77 125 -38.4% $690,000 $680,000 1.5%
Snoqualmie 104 164 -36.6% $687,000 $675,000 1.8%
Bothell (unincorporated) 74 110 -32.7% $675,500 $622,500 8.5%
Kenmore 132 206 -35.9% $672,475 $641,500 4.8%
Vashon (unincorporated) 77 136 -43.4% $630,000 $577,500 9.1%
North Bend 32 41 -22% $627,500 $575,000 9.1%


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