by Phil Hoover, Real Estate Broker

Meridian, Idaho Real Estate Stats For June 2008

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

Available Homes
# Available: 1,412
# Vacant: 755
Vacant Percent: 53.5%
Average Asking Price: $290,017
Median Asking Price: $258,975

Pending Sales
# Pending: 218
Average Asking Price: $277,105
Median Asking Price: $239,900

Closed Sales – August 2007
# Closed: 197
Average Sales Price: $280,866
Median Sales Price: $259,500

Closed Sales – August 2008
# Closed: 157
% Change: -20.3%

Average Sales Price: $244,738
% Change: -12.9%

Median Sales Price: $221,990
% Change: -14.5%

Data taken from Intermountain MLS on 9/7/08 and pertains to single-family residences on lot or acreage. Data does not include condominiums or townhomes.

July 7th, 2008 Posted in Combined Market Stats, Meridian Market Stats Print This Post Print This Post

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