From April through June of 2017, there were 121 homes sold, with a median sale price of $245,000 - a 13.6% increase over the $215,619 median sale price for the same period of the previous year. There were 129 homes sold in Forest Lake in the second quarter of 2016.
The median sales tax in Forest Lake for the most recent year with available data, 2015, was $2,288, approximately 0.9% of the median home sale price for the second quarter of 2017.
The following table compares Forest Lake to other Washington County cities with similar median sales prices in the second quarter of 2017:
| City | Apr. - June 2017 Home Sales | Apr. - June 2016 Home Sales | % change (Total Home Sales) | Apr. - June 2017 Median Sales Price | Apr. - June 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Stillwater | 149 | 157 | -5.1% | $325,000 | $317,000 | 2.5% |
| Bayport | 9 | 19 | -52.6% | $287,500 | $199,000 | 44.5% |
| Mahtomedi | 36 | 52 | -30.8% | $287,000 | $277,908.04 | 3.3% |
| Woodbury | 438 | 477 | -8.2% | $281,050 | $277,500 | 1.3% |
| Lakeland | 10 | 7 | 42.9% | $264,500 | $240,000 | 10.2% |
| Forest Lake | 121 | 129 | -6.2% | $245,000 | $215,619 | 13.6% |
| Cottage Grove | 201 | 214 | -6.1% | $244,000 | $230,000 | 6.1% |
| St. Marys Point | 1 | 3 | -66.7% | $225,000 | $313,688 | -28.3% |
| Oak Park Heights | 14 | 25 | -44% | $215,000 | $219,000 | -1.8% |
| Marine on St. Croix | 5 | 6 | -16.7% | $206,000 | $277,500 | -25.8% |
| Oakdale | 144 | 179 | -19.6% | $205,575 | $203,000 | 1.3% |
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