Meridian, Idaho Real Estate Stats – January 2014

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

Available Homes
# Available: 497
Average Asking Price: $261,785
Median Asking Price: $222,490
Months’ Supply: 3.0

Pending Sales
# Pending: 216
Average Asking Price: $256,609
Median Asking Price: $227,000

Closed Sales – January 2013
# Closed: 100
Average Sales Price: $198,052
Median Sales Price: $181,000

Closed Sales – January 2014
# Closed: 120
% Change: +20.0%

Average Sales Price: $235,175
% Change: +18.7%

Median Sales Price: $224,200
% Change: +23.9%

Data taken from Intermountain MLS on 2/11/14 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 six months.

 

Leave a Reply

Your email address will not be published. Required fields are marked *