by Phil Hoover, Real Estate Broker

Meridian, Idaho Real Estate Stats For May 2008

Here’s a snapshot of May’s real estate activity for Meridian, Idaho:

Available Homes
# Available: 1,361
# Vacant: 734
Vacant Percent: 53.9%
Average Asking Price: $299,858
Median Asking Price: $258,400

Pending Sales
# Pending:  230
Average Asking Price: $269,472
Median Asking Price: $229,007

Closed Sales – May 2007
# Closed:  211
Average Sales Price: $274,805
Median Sales Price: $249,995

Closed Sales – May 2008
# Closed: 142
% Change:  -32.7%

Average Sales Price: $227,285
% Change:  -17.3%

Median Sales Price: $210,000
% Change:  -16.0%

Data taken from Intermountain MLS on 6/5/08 and pertains to single-family residences on lot or acreage.  Data does not include condominiums or townhomes.

June 5th, 2008 Posted in Meridian Market Stats Print This Post Print This Post

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