Lake Forest Park homes for sale are in quite a league of their own for the current real estate market. The speed with which they’re being sold and the value most homes are maintaining are impressive. The median listing price of Lake Forest Park homes for sale is up to $495,000, which is up significantly from just 6 months ago. A bedroom community by design, most of the city consists of single-family housing on medium to large-sized lots, with an emphasis on retaining the natural features of the landscape. Less than 4% of the city land is zoned commercial. There are no industrial areas in the city, and was originally envisioned as a picturesque retreat for professionals, so the developers planned roads and lots in strict consideration for natural landmarks.
Lake Forest Park has lakefront and lake view residential property, assorted parks and nature preserves, convenient access to the walking trails, a summertime farmer’s market, and a large new and used bookstore / food court holding frequent musical events. The shoreline includes two access points to Lake Washington, aside from private homes, and they are both private beach clubs. The ease with which one can access Seattle makes Lake Forest Park a prime home investment area for couples, families, and professionals alike.
When I did a search for Lake Forest Park homes for sale, the numbers were extremely optimistic. Fifty-eight homes came up for sale un-distressed and only 8 came up in foreclosure or short sale status. Homes for sale in Lake Forest Park have maintained a level of value that makes this community attractive for buyers and even more attractive for potential sellers. The average days on market are a brief 32 – barely over a month – which is down a huge 76% in the last 6 months.
Overall, Lake Forest Park is an ideal community for those who enjoy a tight-knit, residential community that emphasizes a lifestyle incorporating outdoor activities and an appreciation for the environment. All of these great attributes of the city combined with a fantastic value retention of the real estate make your dream home worth looking for in the inventory of Lake Forest Park homes for sale.
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