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Meridian, Idaho Real Estate: 2010 YTD New Home Sales

November 19, 2010

Meridian New Home

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.

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