Meridian Real Estate Statistics | September 2008

Posted by Jace

October 14, 2008

All across Ada County home sales surged in September 2008 compared to the previous year. Meridian Idaho was no different. Both new and existing home sales had year-over-year increases up to 400%. Below is the Meridian real estate statistics according to the Boise MLS (Intermountain MLS).

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SE Meridian Home Sales	Sep-08	Sep-07	% Change
New Homes Sales	15	3	400%
Average Home Price	$ 256,199	335033	-24%
Median Home Price	$ 257,579	500000	-48%
Existing Home Sales	13	7	86%
Average Home Price	$ 282,588	$ 283,157	0%
Median Home Price	$ 250,000	$ 284,900	-12%


SW Meridian Home Sales	Sep-08	Sep-07	% Change
New Homes Sales	2	2	0%
Average Home Price	$ 382,400	$ 512,450	-25%
Median Home Price	$ 400,000	$ 635,000	-37%
Existing Home Sales	5	2	150%
Average Home Price	$ 256,580	$ 237,450	8%
Median Home Price	$ 350,000	$ 325,000	8%


NE Meridian Home Sales	Sep-08	Sep-07	% Change
New Homes Sales	13	13	0%
Average Home Price	$ 260,487	305561	-15%
Median Home Price	$ 293,200	299900	-2%
Existing Home Sales	18	13	38%
Average Home Price	$ 218,536	$ 234,946	-7%
Median Home Price	$ 215,000	$ 258,000	-17%


NW Meridian Home Sales	Sep-08	Sep-07	% Change
New Homes Sales	21	9	133%
Average Home Price	$ 250,307	287229	-13%
Median Home Price	$ 230,100	254857	-10%
Existing Home Sales	44	38	16%
Average Home Price	$ 205,742	$ 220,523	-7%
Median Home Price	$ 178,000	$ 204,900	-13%

Data Source: Intermountain MLS. The accuracy of this information, while deemed reliable, has not been verified and is not guaranteed. This information contained in this post is for general market analysis. No representations or warranties are made as to the past or future appreciation or depreciation of property values.

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