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South Snohomish News

Thursday, November 21, 2024

Pricing for the median home in Lake Forest Park decreased during November 2021

Re 11

The median sale price of a home sold in November 2021 in Lake Forest Park fell by $42,500 while total sales increased by 37.5%, according to BlockShopper.com.

In November 2021, there were 11 homes sold, with a median sale price of $750,000 - a 5.4% decrease over the $792,500 median sale price for the same period of the previous year. There were eight homes sold in Lake Forest Park in November 2020.

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 November 2021.

The following table compares Lake Forest Park to other King County cities with similar median sale prices in November 2021:

CityNov. 2021 Home SalesNov. 2020 Home Sales% change (Total Home Sales)Nov. 2021 Median Sales PriceNov. 2020 Median Sales Price% change (Median Sales Price)
Normandy Park12-50%$849,500$687,50023.6%
Vashon (unincorporated)81700%$837,500$706,00018.6%
Carnation21100%$787,475$607,00029.7%
Shoreline4420120%$765,000$665,00015%
Renton (unincorporated)103233.3%$752,000$419,99579%
Lake Forest Park11837.5%$750,000$792,500-5.4%
Maple Valley3616125%$729,500$510,00043%
Black Diamond52150%$725,000$593,00022.3%
East Renton Highlands (unincorporated)432572%$715,000$600,00019.2%
Renton322814.3%$672,500$610,00010.2%
Ravensdale (unincorporated)440%$644,500$520,00023.9%

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