Here’s a snapshot of February’s activity for Meridian, Idaho real estate:
Meridian Idaho Available Homes
- # Available: 577
- Average Asking Price: $281,523
- Median Asking Price: $261,900
- Months’ Supply: 3.5
Meridian Idaho Pending Sales
- # Pending: 287
- Average Asking Price: $260,201
- Median Asking Price: $249,712
Meridian Idaho Closed Sales – February 2014
- # Closed: 112
- Average Sales Price: $224,858
- Median Sales Price: $207,250
Meridian Idaho Closed Sales – February 2015
- # Closed: 144
% Change: +28.6%
- Average Sales Price: $241,330
% Change: +7.3%
- Median Sales Price: $218,700
% Change: +5.5%
Data taken from Intermountain MLS on 3/4/15 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.