by Phil Hoover, Real Estate Broker

Meridian, Idaho Real Estate Stats For August 2008

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

Available Homes
# Available: 1,317
# Vacant: 742
Vacant Percent: 56.3%
Average Asking Price: $283,326
Median Asking Price: $254,900

Pending Sales
# Pending: 184
Average Asking Price: $256,940
Median Asking Price: $217,990

Closed Sales August 2007
# Closed: 169
Average Sales Price: $272,968
Median Sales Price: $245,000

Closed Sales – August 2008
# Closed: 148
% Change: -12.4%

Average Sales Price: $240,375
% Change: -11.9%

Median Sales Price: $221,209
% Change: -9.7%

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.

September 7th, 2008 Posted in About Meridian, ID, Meridian Market Stats Print Print

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