The median sale price of a home sold in February 2022 in Lake Forest Park fell by $149,000 while total sales remained unchanged with four homes sold, according to BlockShopper.com.
In February 2022, there were four homes sold, with a median sale price of $636,000 – a 19% decrease over the $785,000 median sale price for the same period of the previous year. There were four homes sold in Lake Forest Park in February 2021, as well.
The median sales tax in Lake Forest Park for the most recent year with available data, 2016, was $5,447, approximately 0.9% of the median home sale price for February 2022.
The following table compares Lake Forest Park to other King County cities with similar median sale prices in February 2022:
| City | Feb. 2022 Home Sales | Feb. 2021 Home Sales | % change (Total Home Sales) | Feb. 2022 Median Sales Price | Feb. 2021 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Kenmore | 7 | 7 | 0% | $700,000 | $740,000 | -5.4% |
| Maple Valley | 16 | 32 | -50% | $672,500 | $582,500 | 15.5% |
| Kent (unincorporated) | 19 | 17 | 11.8% | $670,000 | $495,000 | 35.4% |
| Kent | 19 | 31 | -38.7% | $660,000 | $490,000 | 34.7% |
| Des Moines | 12 | 16 | -25% | $652,700 | $560,116.50 | 16.5% |
| Lake Forest Park | 4 | 4 | 0% | $636,000 | $785,000 | -19% |
| Federal Way | 35 | 40 | -12.5% | $625,000 | $475,000 | 31.6% |
| Ravensdale (unincorporated) | 1 | 3 | -66.7% | $576,200 | $352,000 | 63.7% |
| Auburn | 19 | 25 | -24% | $575,000 | $455,000 | 26.4% |
| Snoqualmie (unincorporated) | 2 | 3 | -33.3% | $568,000 | $530,000 | 7.2% |
| Covington | 7 | 15 | -53.3% | $560,000 | $489,500 | 14.4% |