by Phil Hoover, Real Estate Broker

Meridian, Idaho Real Estate Stats For October 2008

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

Available Homes
# Available: 1,256
# Vacant: 750
Vacant Percent: 59.7%
Average Asking Price: $268,439
Median Asking Price: $239,900

Pending Sales
# Pending: 131
Average Asking Price: $218,844
Median Asking Price: $197,500

Closed Sales October 2007
# Closed: 140
Average Sales Price: $292,126
Median Sales Price: $268,000

Closed Sales – October 2008
# Closed: 110
% Change: -21.4%

Average Sales Price: $246,026
% Change: -15.8%

Median Sales Price: $215,927
% Change: -19.4%

Data taken from Intermountain MLS on 11/7/08 and pertains to single-family residences on lot or acreage. Data does not include condominiums or townhomes.

November 8th, 2008 Posted in About Meridian, ID, Meridian Market Stats Print This Post Print This Post

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