Lake Forest Park WA Real Estate November 2025 Market Update

Welcome to your essential Lake Forest Park, WA real estate market update, analyzing the sales data from October 2025. This information is vital for anyone looking to buy or sell homes in this North End market!

We break down the latest key metrics:

• Median Sales Price: The median sales price hit $1,143,000 in October, which is up significantly from $1,040,000 reported in September.

• Price Per Square Foot: The average dollar per square foot reached $471, an increase from $431 the month prior.

• Absorption Rate: The absorption rate is currently 0.9 months. This means that based on the current pace of sales, it would take less than a month to sell all available inventory in Lake Forest Park.

• Days On Market (DOM): Homes that sold last month averaged 17 days on the market.

• Sale Price to List Price Ratio: Homes are selling close to asking price, with a ratio of 99%.

We also look at an example sale: A one-story, 1,700 square foot home in the desirable Sheridan Beach neighborhood sold for $1,185,000. Pending sales were 13 in October.

If you have questions about these market trends, the value of your specific home, or need advice on buying or selling in Lake Forest Park, please reach out to me directly. I would love to hear from you.

Happy Thanksgiving!

Contact Information: Chris Byler Phone: 206-601-8945

Email: ChrisByler@windermere.com

Website: www.NorthEndHomes.com