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From January through March of 2019, there were 45 homes sold, with a median sale price of $257,000 - a 16.4% increase over the $220,800 median sale price for the same period of the previous year. There were 39 homes sold in Forest Lake in the first quarter of 2018.
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 first quarter of 2019.
The following table compares Forest Lake to other Washington County cities with similar median sales prices in the first quarter of 2019:
| City | Jan. - Mar. 2019 Home Sales | Jan. - Mar. 2018 Home Sales | % change (Total Home Sales) | Jan. - Mar. 2019 Median Sales Price | Jan. - Mar. 2018 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Mahtomedi | 22 | 20 | 10% | $338,500 | $300,000 | 12.8% |
| Stillwater | 90 | 80 | 12.5% | $315,300 | $312,500 | 0.9% |
| Scandia | 10 | 11 | -9.1% | $310,000 | $436,500 | -29% |
| Woodbury | 180 | 200 | -10% | $300,250 | $290,000 | 3.5% |
| Lakeland | 2 | 5 | -60% | $299,112.50 | $247,000 | 21.1% |
| Forest Lake | 45 | 39 | 15.4% | $257,000 | $220,800 | 16.4% |
| Marine on St. Croix | 4 | 2 | 100% | $250,250 | $584,750 | -57.2% |
| Cottage Grove | 99 | 94 | 5.3% | $237,000 | $247,000 | -4% |
| Lake St. Croix Beach | 4 | 4 | 0% | $223,000 | $181,000 | 23.2% |
| Oak Park Heights | 10 | 13 | -23.1% | $222,500 | $190,000 | 17.1% |
| Hugo | 53 | 58 | -8.6% | $220,000 | $205,079 | 7.3% |
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