Lake Forest Park home prices rise in July 2019

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The median sale price of a home sold in July 2019 in Lake Forest Park rose by $243,000 while total sales increased by 42.9%, according to BlockShopper.com.

In July 2019, there were 10 homes sold, with a median sale price of $895,000 – a 37.3% increase over the $652,000 median sale price for the same period of the previous year. There were seven homes sold in Lake Forest Park in July 2018.

The median sales tax in Lake Forest Park for the most recent year with available data, 2016, was $5,447, approximately 0.6% of the median home sale price for July 2019.

The following table compares Lake Forest Park to other King County cities with similar median sales prices in July 2019:

City July 2019 Home Sales July 2018 Home Sales % change (Total Home Sales) July 2019 Median Sales Price July 2018 Median Sales Price % change (Median Sales Price)
Issaquah 12 8 50% $1,079,500 $871,575 23.9%
Duvall (unincorporated) 4 10 -60% $999,975 $832,499.50 20.1%
Sammamish 44 35 25.7% $959,000 $910,000 5.4%
Issaquah (unincorporated) 6 12 -50% $942,500 $939,000 0.4%
Redmond (unincorporated) 22 12 83.3% $912,999.50 $955,000 -4.4%
Lake Forest Park 10 7 42.9% $895,000 $652,000 37.3%
Redmond 19 25 -24% $870,000 $975,000 -10.8%
Fall City (unincorporated) 1 1 0% $789,000 $1,483,000 -46.8%
Seattle 242 280 -13.6% $781,250 $825,000 -5.3%
Bothell 3 5 -40% $760,000 $920,000 -17.4%
Normandy Park 3 7 -57.1% $750,000 $881,000 -14.9%


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