Lake Forest Park home prices fall in the first half of 2019

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The median sale price of a home sold in the first half of 2019 in Lake Forest Park fell by $74,000 while total sales increased by 50%, according to BlockShopper.com.

From January through June of 2019, there were 48 homes sold, with a median sale price of $676,000 – a 9.9% decrease over the $750,000 median sale price for the same period of the previous year. There were 32 homes sold in Lake Forest Park in the first half of 2018.

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 the first half of 2019.

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

City Jan. – June 2019 Home Sales Jan. – June 2018 Home Sales % change (Total Home Sales) Jan. – June 2019 Median Sales Price Jan. – June 2018 Median Sales Price % change (Median Sales Price)
Seattle 1,996 1,412 41.4% $760,500 $800,000 -4.9%
Woodinville 57 30 90% $715,000 $777,500 -8%
Kirkland (unincorporated) 114 82 39% $710,005 $738,750 -3.9%
Snoqualmie 68 43 58.1% $682,000 $675,000 1%
Bothell 34 34 0% $680,500 $731,500 -7%
Lake Forest Park 48 32 50% $676,000 $750,000 -9.9%
Bothell (unincorporated) 45 37 21.6% $675,000 $699,000 -3.4%
Kenmore 78 61 27.9% $672,500 $712,800 -5.7%
North Bend 21 13 61.5% $668,500 $630,000 6.1%
Duvall 34 31 9.7% $649,120.50 $580,600 11.8%
Ravensdale (unincorporated) 14 6 133.3% $608,000 $545,000 11.6%


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Q2: Home prices in Lake Forest Park increased

The median sale price of a home sold in the second quarter of 2022 in Lake Forest Park rose by $357,500 while total sales decreased by 18.8 percent.

King County home prices rose in the first half of 2022

The median sale price of a home sold in the first half of 2022 in King County rose by $105,000 while total sales increased by 2.8%.

February 2022: Home prices in Lake Forest Park fell

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.

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