Meridian ID Real Estate | July ’09

August 31, 2009 by  
Filed under Market Statistics

Of the 153 homes that sold in the Meridian real estate market during the month of July, 40 were bank- owned and 17 were short sales, making Meridian foreclosures 37% of total sales. The graph below shows the Meridian foreclosure market over the last 4 months.

Meridian Id Foreclosures

The graph below shows the breakdown of non-distressed, bank-owned, and short sales in the Meridian real estate market over the last 4 months.

Meridian Id Home Sales

The average home sold price in Meridian was $190,644, and the median home sold price was $178, 200.
The majority of homes selling in Meridian are in the North West area of town as you can see in the graph below. NW Meridian accounted for 56% of home sales, while the smallest market share is comprised in SW Meridian at 5%

Meridian Id Homes Sold In July

Data Source: Boise MLS (IMLS). Information deemed reliable but not guaranteed.

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