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South Snohomish News

Monday, November 25, 2024

Median home prices in Lake Forest Park rose to $792,500 in November 2020

Re 9

The median sale price of a home sold in November 2020 in Lake Forest Park rose by $57,500 while total sales increased by 100%, according to BlockShopper.com.

In November 2020, there were eight homes sold, with a median sale price of $792,500 - a 7.8% increase over the $735,000 median sale price for the same period of the previous year. There were four homes sold in Lake Forest Park in November 2019.

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 2020.

The following table compares Lake Forest Park to other King County cities with similar median sale prices in November 2020:

CityNov. 2020 Home SalesNov. 2019 Home Sales% change (Total Home Sales)Nov. 2020 Median Sales PriceNov. 2019 Median Sales Price% change (Median Sales Price)
Newcastle26-66.7%$899,417.29$750,00019.9%
Woodinville14-75%$840,000$760,00010.5%
Seattle254317-19.9%$830,000$760,7509.1%
Kenmore131118.2%$825,000$660,00025%
Snoqualmie440%$799,500$635,00025.9%
Lake Forest Park84100%$792,500$735,0007.8%
Duvall330%$785,000$700,00012.1%
Black Diamond (unincorporated)110%$750,000$544,00037.9%
Bothell410-60%$745,375$667,50011.7%
Kirkland (unincorporated)14140%$744,500$786,250-5.3%
North Bend3250%$742,500$670,00010.8%

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