Meridian, Idaho Real Estate Stats – March 2018

Here’s a snapshot of March’s activity for Meridian, Idaho real estate:

Available Homes

# Available: 387
Average Asking Price: $412,200
Median Asking Price: $350,000
Months’ Supply: 1.5

Pending Sales

# Pending: 507
Average Asking Price: $341,457
Median Asking Price: $319,620

Closed Sales – March 2017

# Closed: 252
Average Sales Price: $287,442
Median Sales Price: $265,900

Closed Sales – March 2018

# Closed: 242
% Change: -4.0%

Average Sales Price: $327,875
% Change: +14.1%

Median Sales Price: $295,000
% Change: +10.9%

Data extracted from Intermountain MLS on 4/7/18 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.

 

Meridian, Idaho Real Estate Stats – February 2018

Here’s a snapshot of February’s activity for Meridian, Idaho real estate:

Available Homes

# Available: 376
Average Asking Price: $396,589
Median Asking Price: $357,250
Months’ Supply: 1.4

Pending Sales

# Pending: 419
Average Asking Price: $333,875
Median Asking Price: $304,980

Closed Sales – February 2017

# Closed: 166
Average Sales Price: $285,019
Median Sales Price: $273,995

Closed Sales – February 2018

# Closed: 174
% Change: +4.8%

Average Sales Price: $334,435
% Change: +17.3%

Median Sales Price: $302,236
% Change: +10.3%

Data extracted from Intermountain MLS on 3/5/18 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.

 

Meridian, Idaho Real Estate Stats – January 2018

Here’s a snapshot of January’s activity for Meridian, Idaho real estate:

Available Homes

# Available: 384
Average Asking Price: $387,480
Median Asking Price: $337,365
Months’ Supply: 1.5

Pending Sales

# Pending: 368
Average Asking Price: $343,649
Median Asking Price: $318,497

Closed Sales – January 2017

# Closed: 159
Average Sales Price: $303,928
Median Sales Price: $299,000

Closed Sales – January 2018

# Closed: 166
% Change: +4.4%

Average Sales Price: $315,850
% Change: +3.9%

Median Sales Price: $282,500
% Change: -5.5%

Data extracted from Intermountain MLS on 2/5/18 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.

 

Meridian, Idaho Real Estate Stats – December 2017

Here’s a snapshot of December’s activity for Meridian, Idaho real estate:

Available Homes

# Available: 433
Average Asking Price: $373,814
Median Asking Price: $320,158
Months’ Supply: 1.7

Pending Sales

# Pending: 334
Average Asking Price: $336,919
Median Asking Price: $315,232

Closed Sales – December 2016

# Closed: 268
Average Sales Price: $269,173
Median Sales Price: $249,975

Closed Sales – December 2017

# Closed: 247
% Change: -7.8%

Average Sales Price: $319,645
% Change: +18.8%

Median Sales Price: $285,000
% Change: +14.0%

Data extracted from Intermountain MLS on 1/7/18 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.

 

Meridian Idaho Real Estate Stats – November 2017

Here’s a snapshot of November’s activity for Meridian Idaho real estate:

Available Homes

# Available: 471
Average Asking Price: $376,971
Median Asking Price: $319,900
Months’ Supply: 1.8

Pending Sales

# Pending: 390
Average Asking Price: $326,523
Median Asking Price: $299,450

Closed Sales – November 2016

# Closed: 242
Average Sales Price: $272,372
Median Sales Price: $253,200

Closed Sales – November 2017

# Closed: 218
% Change: -9.9%

Average Sales Price: $319,613
% Change: +13.7%

Median Sales Price: $278,950
% Change: +10.2%

Data extracted from Intermountain MLS on 12/10/17 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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Phil Hoover is a licensed independent Idaho real estate broker, assisting both buyers and sellers in Boise Idaho, Meridian Idaho, and Eagle Idaho.

During his 45 years of full-time real estate experience, Phil has helped thousands of past clients buy and sell quality properties in the Western U.S. 

Phil is one of only ten local Realtors® (of 5,600) honored with the coveted “Realtor® Emeritus” award from the National Association of Realtors®, recognizing 40 years in real estate.