Meridian Idaho Real Estate | August 2009

October 2, 2009 by  
Filed under Market Statistics

Home sales in the Meridian, ID Real Estate market jumped in August, with 187 homes sold in the month of August.  This is up from 153 in July, as seen in the graph below:

Meridian home sales 2

Out of the 187 sales in the Meridian, ID Real Estate market, 110 were non-foreclosures, 44 were bank-owned, and 33 were Meridian short sales.  The bank owned and short sales made up 41.2% of the overall Meridian Real Estate market, up significantly from June and July as shown in the following graph:

Meridian Foreclosures

When broken down by area, NW Meridian continues to be where the majority of houses are purchased, with 94 sold in August compared with 51 in NE Meridian, 25 in SE Meridian, and 6 in SW Meridian.  All but SW Meridian showed a jump in sales in August compared to the previous month, as the following graph shows:

Sales by area

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

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.