Here’s a breakdown of Meridian, Idaho new home sales for January through October of 2010.
Total New Construction
Includes all age categories of new construction

• # Closed Sales = 435
• Average Sales Price = $201,450
• Median Sales Price = $183,344

To Be Built
These are new homes that were pre-sold prior to starting construction

• # Closed Units = 26
• Average Sales Price = $219,103
• Median Sales Price = $231,567

Under Construction
These are new homes that were sold during construction

• # Closed Units = 101
• Average Sales Price = $237,835
• Median Sales Price = $230,500

New – Never Occupied
These are new homes that were sold after completion of construction (spec homes)

• # Closed Units = 308
• Average Sales Price = $187,308
• Median Sales Price = $173,650

Data obtained from Intermountain MLS on 11/14/10 and includes Meridian, Idaho single-family homes on lot/acreage; data does not include condo/townhome properties.