by Phil Hoover, Real Estate Broker

Meridian, Idaho Real Estate Snapshot

Listings

  • Available Listings: 538
  • Months’ Supply of Listings: 3.5
  • Average Asking Price: $224,510
  • Median Asking Price: $195,450
  • Short Sale Listings: 108 (20.1% of total available)
  • REO Listings: 13 (2.4% of total available)

Pending Sales

  • Pending Sales: 369
  • Average Asking Price: $217,197
  • Median Asking Price: $204,990

Closed Sales

  • YTD Closed Sales: 920
  • Average Sales Price: $186,998
  • Median Sales Price: $169,450
  • Average Sales Price vs. Asking Price: 99.2%
  • Median Sales Price vs. Asking Price: 99.7%

Data pertains to Ada County single-family homes on lot/acreage.  Data does not include condo or townhome properties.

YTD sales = first six months of 2012.

Months’ supply calculated by dividing the average monthly number of 2012 YTD closed sales into the number of available listings.

 

July 29th, 2012 Posted in Meridian Market Stats Print This Post Print This Post

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