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Evergreen Reporter

Friday, November 22, 2024

Lake Forest Park median home prices rose by 39.7% in April 2020

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The median sale price of a home sold in April 2020 in Lake Forest Park rose by $253,250 while total sales increased by 14.3%, according to BlockShopper.com.

In April 2020, there were eight homes sold, with a median sale price of $891,250 - a 39.7% increase over the $638,000 median sale price for the same period of the previous year. There were seven homes sold in Lake Forest Park in April 2019.

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 April 2020.

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

CityApr. 2020 Home SalesApr. 2019 Home Sales% change (Total Home Sales)Apr. 2020 Median Sales PriceApr. 2019 Median Sales Price% change (Median Sales Price)
Snoqualmie819-57.9%$972,500$729,00033.4%
Fall City (unincorporated)37-57.1%$950,000$680,00039.7%
Redmond1823-21.7%$938,500$885,0006%
Lea Hill (unincorporated)27-71.4%$926,389$550,00068.4%
Woodinville (unincorporated)614-57.1%$917,750$722,50027%
Lake Forest Park8714.3%$891,250$638,00039.7%
Redmond (unincorporated)1221-42.9%$880,000$975,000-9.7%
Issaquah (unincorporated)912-25%$850,000$780,196.508.9%
Bellevue (unincorporated)34-25%$850,000$737,00015.3%
Seattle258465-44.5%$850,000$775,0009.7%
Bothell136116.7%$840,000$836,5000.4%

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