by Phil Hoover, Real Estate Broker

Meridian, Idaho Real Estate Stats For November 2008

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

Available Homes
# Available: 1,242
# Vacant: 763
Vacant Percent: 61.4%
Average Asking Price: $267,182
Median Asking Price: $234,900

Pending Sales
# Pending: 127
Average Asking Price: $229,395
Median Asking Price: $219,900

Closed Sales November 2007
# Closed: 232
Average Sales Price: $259,492
Median Sales Price: $230,000

Closed Sales – November 2008
# Closed: 85
% Change: -63.4%

Average Sales Price: $206,954
% Change: -20.3%

Median Sales Price: $175,750
% Change: -23.6%

Data taken from Intermountain MLS on 12/7/08 and pertains to single-family residences on lot or acreage. Data does not include condominiums or townhomes.

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

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