Meridian Idaho Home Sales – July 2018

Meridian Idaho Home Sales Activity For July 2018

Meridian Idaho Home

Meridian Idaho Homes For Sale

# Available: 446    Click here to view all homes for sale in Meridian, ID
Average Asking Price: $410,144
Median Asking Price: $364,995
Months’ Supply: 1.7

Meridian Idaho Pending Sales

# Pending: 524
Average Asking Price: $366,036
Median Asking Price: $345,777

Meridian Idaho Home Sales – July 2017

# Closed: 300
Average Sales Price: $297,411
Median Sales Price: $280,995

Meridian Idaho Home Sales – July 2018

# Closed: 303
% Change: +1.0%

Average Sales Price: $340,295
% Change: +14.4%

Median Sales Price: $320,000
% Change: +13.9%

Read More About Meridian, Idaho

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Data extracted from Intermountain MLS on 8/5/18 and pertains to Meridian Idaho single-family residences on lot or acreage.

Data does not include condominiums or townhomes.

Months’ Supply = available listings divided by average monthly closed sales for the past twelve months.

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Meridian Idaho Homes 2018 Mid-Year Review

Meridian Idaho Homes 2018 Mid-Year Review

Meridian Idaho Homes 2018 Mid-Year Review

Meridian Idaho Homes Available Listings

  • January 2018: 485
  • July 2018: 451
  • % Change: -7.0%

View All Meridian Idaho Homes For Sale!

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Meridian Idaho Homes Months’ Supply

  • January 2018: 1.8
  • July 2018: 1.7
  • % Change: -5.6%

Meridian Idaho Homes Pending Sales

  • January 2018: 297
  • July 2018: 561
  • % Change: +88.9%

Meridian Idaho Homes Closed Sales

  • January 2018: 261
  • July 2018: 354
  • % Change: +35.6%

Boise Idaho Homes Average Sales Price

  • January 2018: $317,862
  • July 2018: $344,033
  • % Change: +8.2%

Meridian Idaho Homes Median Sales Price

  • January 2018: $284,900
  • July 2018: $327,382
  • % Change: +14.9%

Summary & Insights

  • Seasonal factors (winter vs. summer) contributed to the data above.
  • We have very low listing inventory.
  • We have more buyers than sellers.
  • Builders can’t build new homes fast enough to meet demand.
  • Prices are rising rapidly due to demand exceeding listing inventory.
  • Multiple offer bidding wars are common.
  • We now have five times as many real estate agents as listings.

Date range is January thru June of 2018.

Data pertains to Meridian Idaho single-family homes on lot or acreage.

Data does not include condo, townhome, or mobile home properties.

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Meridian Idaho Home Sales – June 2018

Meridian Idaho Home Sales for June 2018

Meridian Idaho Home

Meridian Idaho Homes For Sale

# Available: 451    Click here to view all homes for sale in Meridian, ID
Average Asking Price: $415,717
Median Asking Price: $359,990
Months’ Supply: 1.7

Meridian Idaho Pending Sales

# Pending: 561
Average Asking Price: $360,919
Median Asking Price: $343,900

Meridian Idaho Home Sales – June 2017

# Closed: 358
Average Sales Price: $296,105
Median Sales Price: $273,150

Meridian Idaho Home Sales – June 2018

# Closed: 344
% Change: -3.9%

Average Sales Price: $345,076
% Change: +16.5%

Median Sales Price: $329,450
% Change: +20.6%

Read More About Meridian, Idaho

View The Tour of Meridian Video

Data extracted from Intermountain MLS on 7/7/18 and pertains to Meridian Idaho single-family residences on lot or acreage.

Data does not include condominiums or townhomes.

Months’ Supply = available listings divided by average monthly closed sales for the past twelve months.

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Paramount Subdivision ~ Meridian Idaho

Paramount Subdivision is one of Meridian, Idaho’s most desirable communities, located off Chinden Boulevard between Meridian Road and Linder Road.

Paramount offers abundant common areas, playgrounds, and community pool complexes.

All of the homes in Paramount have been built by respected builders selected by the developer.

The Over-55 Cadence section is the final unit for Paramount with homes now under construction.

Paramount residents also enjoy having Paramount Elementary School and Rocky Mountain High School located within the development.

For more information about Paramount, please call me at (208)938-5533 or e-mail me!

Paramount Subdivision

Paramount Subdivision Available

Homes for sale in Paramount Subdivision seldom last for long after going on the market.

# Available: 13  View All Paramount Homes For Sale

  • Average Asking Price: $385,086
  • Median Asking Price: $385,000
  • Months’ Supply: 1.7 months

Paramount Subdivision Pending Sales

Paramount homes sell quickly with demand exceeding supply in our current, active real estate market.

  • # Pending: 18
  • Average Asking Price: $348,433
  • Median Asking Price: $388,605

Paramount Subdivision 2018 YTD Closed Sales

2018 year-to-date sales in Paramount have been brisk.

  • # Closed: 40
  • Average Sales Price: $349,600
  • Median Sales Price: $340,000

View All Meridian Idaho Homes For Sale

Data pertains to Paramount Subdivision homes in Meridian, Idaho.

Months’ supply calculated by dividing the past twelve months’ average monthly closed sales into the number of available homes.

YTD = 1/1/18 thru 5/31/18.

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Meridian Idaho Home Sales – May 2018

Meridian Idaho Home Sales for May 2018

Meridian Idaho Home

Meridian Idaho Homes For Sale

# Available: 403  Click here to view all homes for sale in Meridian, ID
Average Asking Price: $414,777
Median Asking Price: $359,900
Months’ Supply: 1.5

Meridian Idaho Pending Sales

# Pending: 581
Average Asking Price: $360,701
Median Asking Price: $345,000

Meridian Idaho Home Sales – May 2017

# Closed: 299
Average Sales Price: $286,959
Median Sales Price: $269,000

Meridian Idaho Home Sales – May 2018

# Closed: 323
% Change: +8.0%

Average Sales Price: $331,101
% Change: +15.4%

Median Sales Price: $309,990
% Change: +15.2%

Read More About Meridian, Idaho

View The Tour of Meridian Video

Data extracted from Intermountain MLS on 6/9/18 and pertains to Meridian Idaho single-family residences on lot or acreage.

Data does not include condominiums or townhomes.

Months’ Supply = available listings divided by average monthly closed sales for the past twelve months.

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