by Phil Hoover, Real Estate Broker

Meridian, Idaho Real Estate Stats For July 2008

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

Available Homes
# Available: 1,380
# Vacant: 731
Vacant Percent: 53.0%
Average Asking Price: $288,956
Median Asking Price: $259,000

Pending Sales
# Pending: 213
Average Asking Price: $259,860
Median Asking Price: $221,990

Closed Sales August 2007
# Closed: 168
Average Sales Price: $273,797
Median Sales Price: $249,900

Closed Sales – August 2008
# Closed: 133
% Change: -20.9%

Average Sales Price: $208,319
% Change: -23.9%

Median Sales Price: $207,000
% Change: -17.2%

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.

August 10th, 2008 Posted in Meridian Market Stats Print This Post Print This Post

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