Lake Forest Park home prices rise in April 2018

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The median sale price of a home sold in April 2018 in Lake Forest Park rose by $70,000 while total sales decreased by 44.4%, according to BlockShopper.com.

In April 2018, there were five homes sold, with a median sale price of $750,000 – a 10.3% increase over the $680,000 median sale price for the same period of the previous year. There were nine homes sold in Lake Forest Park in April 2017.

The median sales tax in Lake Forest Park for the most recent year with available data, 2016, was $5,447, approximately 0.7% of the median home sale price for April 2018.

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

City Apr. 2018 Home Sales Apr. 2017 Home Sales % change (Total Home Sales) Apr. 2018 Median Sales Price Apr. 2017 Median Sales Price % change (Median Sales Price)
Redmond (unincorporated) 14 31 -54.8% $827,775 $786,000 5.3%
Newcastle 5 8 -37.5% $825,000 $964,050 -14.4%
Bothell (unincorporated) 5 14 -64.3% $780,000 $567,500 37.4%
Bellevue (unincorporated) 4 6 -33.3% $775,150 $815,000 -4.9%
Snoqualmie 8 17 -52.9% $769,500 $720,000 6.9%
Lake Forest Park 5 9 -44.4% $750,000 $680,000 10.3%
Woodinville 5 12 -58.3% $735,000 $710,250 3.5%
Ravensdale (unincorporated) 3 4 -25% $715,000 $840,000 -14.9%
Kenmore 8 17 -52.9% $711,750 $685,000 3.9%
Fall City (unincorporated) 3 6 -50% $710,000 $827,000 -14.1%
Normandy Park 3 8 -62.5% $691,000 $638,000 8.3%


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