Meridian Idaho Home Sales – February 2020

Meridian Idaho Home Sales Activity For February 2020

Meridian Idaho Home

Meridian Idaho Homes For Sale

Meridian ID Pending Sales

  • # Pending: 480
  • Average Asking Price: $409,690
  • Median Asking Price: $389,947

Meridian ID Home Sales – February 2019

  • # Closed: 181
  • Average Sales Price: $345,038
  • Median Sales Price: $325,815

Meridian ID Home Sales – February 2020

  • # Closed: 256
    % Change: +41.4%
  • Average Sales Price: $390,617
    % Change: +13.2%
  • Median Sales Price: $357,000
    % Change: +9.6%

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Data extracted from Intermountain MLS on 3/7/20 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.

Statistics rounded to the nearest one-tenth of one percent.

Meridian Idaho Real Estate Market: Five Years In Review

Meridian Idaho Real Estate Over The Past Five Years!

Meridian Idaho Real Estate

The Meridian Idaho real estate market has improved dramatically over the past five years!

Here’s an interesting analysis of the Meridian real estate market from 2015 through 2019.

Available Homes

  • 2015: 562
  • 2019: 434
  • % Change: -22.8%

Average Asking Price

  • 2015: $288,792
  • 2019: $441,416
  • % Change: +52.9%

Average Sales Price

  • 2015: $273,454
  • 2019: $384,237
  • % Change: +40.5%

Median Sales Price

  • 2015: $241,000
  • 2019: $345,000
  • % Change: +43.2%

Pending Sales

  • 2015: 282
  • 2019: 419
  • % Change: +48.6%

Closed Sales

  • 2015: 2,567
  • 2019: 3,326
  • % Change: +29.6%

Five-Year Summary

  • Our listing inventory has declined by 22.8%.
  • Our average sales price has increased by 40.5%
  • Our median sales price has increased by 43.2%.
  • The number of closed sales has increased by 29.6%.
  • Our home prices have risen dramatically due to strong demand, low listing inventory, increased new home sales, higher land costs, higher construction costs, and attractive interest rates.

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Are  you interested in buying a Meridian Idaho home?

Considering selling your Meridian Idaho home?

I work with a limited clientele to ensure a high level of personal service!

Call me at (208)938-5533 or e-mail me for your FREE initial consultation!

You will NOT be handed off to an inexperienced junior team member!

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

Data does not include condo or townhome properties.

Data comparisons pertain to the end of each year.

Percentages rounded to the nearest one-tenth of one percent.

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Read More About Meridian, Idaho

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Meridian Idaho Home Sales – January 2020

Meridian Idaho Home Sales Activity For January 2020

Meridian Idaho Home

Meridian Idaho Homes For Sale

Meridian ID Pending Sales

  • # Pending: 465
  • Average Asking Price: $401,641
  • Median Asking Price: $370,900

Meridian ID Home Sales – January 2019

  • # Closed: 172
  • Average Sales Price: $340,330
  • Median Sales Price: $305,495

Meridian ID Home Sales – January 2020

  • # Closed: 258
    % Change: +50.0%
  • Average Sales Price: $384,127
    % Change: +12.9%

    • Median Sales Price: $354,737
      % Change: +16.1%

Read More About Meridian, Idaho

View The Tour of Meridian Video

Data extracted from Intermountain MLS on 2/8/20 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.

Statistics rounded to the nearest one-tenth of one percent.

Meridian Idaho Homes For Sale By Price Ranges

Here’s a breakdown of Meridian Idaho homes for sale by price ranges

Meridian Idaho Homes

Meridian Idaho Listings by Price Ranges

  • Under $100,000: 1 (.23% of total)
  • $100,000 – $199,999: None
  • $200,000 – $249,999: 1 home  (.23% of total)
  • $250,000 – $299,999  31 homes  (7.2% of total)
  • $300,000 – $349,999  100 homes  (23.2% of total)
  • $350,000 – $399, 999 79 homes  (18.3% of total)
  • $400,000 – $449,999  69 homes  (16.0% of total)
  • $450,000 – $499,999  67 homes (15.5% of total)
  • $500,000 – $549,999  31 homes  (7.2% of total)
  • $550,000 – $599,999  17 homes  (3.9% of total)
  • $600,000 and above  37 homes  (8.6% of total)

Meridian Idaho Homes For Sale Summary

  • 432  total Meridian Idaho homes listed for sale.
  • Average asking price: $449,820
  • Median asking price: $404,900

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Data pertains to Meridian Idaho homes listed for sale on lot or acreage.

Data does not include condo or townhome properties.

Data extracted from Intermountain MLS on 1/13/20.

Percentages rounded to the nearest one-tenth of one percent.

Read More About Meridian, Idaho

View The Tour of Meridian Video

Meridian Idaho Home Sales – December 2019

Meridian Idaho Home Sales Activity For December 2019

Meridian Idaho Home

Meridian Idaho Homes For Sale

Meridian ID Pending Sales

  • # Pending: 419
  • Average Asking Price: $403,524
  • Median Asking Price: $368,220

Meridian ID Home Sales – December 2018

  • # Closed: 211
  • Average Sales Price: $353,397
  • Median Sales Price: $334,900

Meridian ID Home Sales – December 2019

  • # Closed: 243
    % Change: +15.2%
  • Average Sales Price: $384,237
    % Change: +8.7%
  • Median Sales Price: $345,000
    % Change: +3.0%

Read More About Meridian, Idaho

View The Tour of Meridian Video

Data extracted from Intermountain MLS on 1/5/20 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.