The median sale price of a home sold in August 2017 in Lake Forest Park rose by $141,750 while total sales decreased by 73.1%, according to BlockShopper.com.
In August 2017, there were seven homes sold, with a median sale price of $718,000 – a 24.6% increase over the $576,250 median sale price for the same period of the previous year. There were 26 homes sold in Lake Forest Park in August 2016.
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 August 2017.
The following table compares Lake Forest Park to other King County cities with similar median sales prices in August 2017:
| City | Aug. 2017 Home Sales | Aug. 2016 Home Sales | % change (Total Home Sales) | Aug. 2017 Median Sales Price | Aug. 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Bellevue (unincorporated) | 5 | 11 | -54.5% | $772,500 | $555,000 | 39.2% |
| Kenmore | 14 | 27 | -48.1% | $765,611 | $495,000 | 54.7% |
| Issaquah (unincorporated) | 11 | 14 | -21.4% | $765,000 | $645,000 | 18.6% |
| Bothell | 4 | 19 | -78.9% | $755,500 | $608,000 | 24.3% |
| Snoqualmie (unincorporated) | 2 | 3 | -33.3% | $722,425 | $440,000 | 64.2% |
| Lake Forest Park | 7 | 26 | -73.1% | $718,000 | $576,250 | 24.6% |
| Seattle | 309 | 677 | -54.4% | $706,000 | $610,000 | 15.7% |
| Vashon (unincorporated) | 11 | 20 | -45% | $705,000 | $610,000 | 15.6% |
| Fenton (unincorporated) | 2 | 1 | 100% | $702,500 | $450,000 | 56.1% |
| Normandy Park | 5 | 7 | -28.6% | $685,000 | $610,000 | 12.3% |
| Duvall (unincorporated) | 7 | 23 | -69.6% | $670,000 | $840,000 | -20.2% |
