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South Snohomish News

Thursday, November 21, 2024

Median home prices in Lake Forest Park rose to $850,000 in September 2021

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The median sale price of a home sold in September 2021 in Lake Forest Park rose by $102,500 while total sales increased by 83.3%, according to BlockShopper.com.

In September 2021, there were 11 homes sold, with a median sale price of $850,000 - a 13.7% increase over the $747,500 median sale price for the same period of the previous year. There were six homes sold in Lake Forest Park in September 2020.

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 September 2021.

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

CitySept. 2021 Home SalesSept. 2020 Home Sales% change (Total Home Sales)Sept. 2021 Median Sales PriceSept. 2020 Median Sales Price% change (Median Sales Price)
Vashon (unincorporated)17988.9%$875,000$769,00013.8%
Lea Hill (unincorporated)710-30%$875,000$672,00030.2%
Duvall9650%$875,000$617,50041.7%
Seattle54745819.4%$870,000$819,3756.2%
Normandy Park7540%$850,000$875,000-2.9%
Lake Forest Park11683.3%$850,000$747,50013.7%
Black Diamond (unincorporated)10-$835,000$0-
North Bend72250%$800,000$709,71912.7%
Black Diamond28-75%$784,250$476,25064.7%
Shoreline573754.1%$745,000$706,0005.5%
East Renton Highlands (unincorporated)684165.9%$711,250$600,00018.5%

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