by Phil Hoover, Real Estate Broker

Meridian, Idaho Real Estate Stats For December 2008

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

Available Homes
# Available: 1,122
# Vacant: 699
Vacant Percent: 62.3%
Average Asking Price: $260,882
Median Asking Price: $229,900

Pending Sales
# Pending: 147
Average Asking Price: $211,359
Median Asking Price: $195,000

Closed Sales – December 2007
# Closed: 101
Average Sales Price: $270,316
Median Sales Price: $225,260

Closed Sales – December 2008
# Closed: 90
% Change: -10.9%

Average Sales Price: $205,460
% Change: -24.0%

Median Sales Price: $176,000
% Change: -21.9%

Data taken from Intermountain MLS on 1/9/09 and pertains to single-family residences on lot or acreage. Data does not include condominiums or townhomes.

January 9th, 2009 Posted in Meridian Market Stats Print This Post Print This Post

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