Tagged : Meridian Real Estate

There are currently 6 blog entries matching this tag.

4138 N Ettaro Meridian, Idaho 83646 | MLS #98520284

Status: SOLD Subdivision: Bridgetower

4Bd/2.5Ba +3456 Sq/Ft

This spectacular & unique home features an English Conservatory and tens of thousands of dollars into custom landscaping and patios. Huge Master Bedroom with 3-sided fireplace and sitting area. The Master Bathroom offers tri-vanities, a California style built-in closet, and dual shower heads. Beautiful hardwood floors on most of main-level, plantation shutters throughout, and gorgeous stain-grade built-ins cabinets in family & dining. Huge 4 car-garage RV Garage Door. No back neighbors and views of the Boise Mountains. A rare find in the highly desirable Bridgetower subdivision in Meridian!

Bridgetower was one of the top selling

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Median home prices continue to rise in the Meridian real estate market.  The median price in October was $185,910, almost $27,000 more than the same time last year.  In fact, nearly every month this year has outperformed the last couple of years, showing a strong trend for real estate in Meridian ID.

Meridian Median Home Prices 2010-2012

The Meridian real estate market is also showing a growing trend in the number of non-foreclosures vs. foreclosures being sold.  For example, of the 167 home sales in October, 133 were non-foreclosures.  That's nearly 80% being non-foreclosures.  As you can see in the graph below, that trend holds true for every month this year, except for January where the numbers were the same.

Meridian Non-Foreclosures 2011 vs. 2012

Now, we'll take a look at the foreclosure market share for Meridian

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Updated Status: SOLD

(Looking for something like this? Contact me & I’ll help you locate it.)

Tuscany Meridian ID

$289,900

3147 sq/ft

4Bd/3.5ba + Bonus

If you love to cook, this home is for you! The huge gourmet kitchen features slab-granite counters, full-tile backsplash, stainless-steel appliances, and a butler’s pantry. A spacious split-bedroom floor plan on a single-level w/an upstairs bonus room & ½ bath. The 10’ ceilings and large windows provide ample natural light throughout the home. All the bedrooms are very large and the guest room features a walk-in closet/private-bath that could easily be used as a 2nd master. No backyard neighbors, large-covered patio, and a desirable northern exposure for cool summer afternoons. Great

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Here's the Meridian Idaho real estate sales for the fourth quarter 2008.  NW & NE Meridian has the largest market share of home sales- not only in Meridian, but also in Ada County (along with area 0550).   SW Meridian has the smallest market share, but also the least number of homes for sale (45 homes).

Based on the sales rate in December, and the current number of homes for sale:

  • SE Meridian has 11.3 months of supply.
  • NE Meridian has 11.2 months of supply.
  • NW Meridian has 14 months of supply.
  • SW Meridian N/A because no sales in December.
SE Meridian Real Estate Oct-08 Nov-08 Dec-08
New Homes Sales 6 7 11
Existing Home Sales 11 2 4
       
SW Meridian Real
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Here's the Meridian Idaho real estate stats for November 2008.  You can find more real estate stats here.

If you would like to know specifics on sold homes in a particular subdivision just send me an email.  If you would like to know how much your Meridian home is worth you can request a free home valuation.

Search Meridian Real Estate

SE Meridian Real Estate Nov-08 Ada County Market %
New Homes Sales 7 10.77%
Average  Home Price  $ 202,294  
Median  Home Price  $ 234,724  
Existing Home Sales 2 1%
Average  Home Price  $ 299,950  
Median  Home Price  $ 300,000  
     
SW Meridian Real Estate Nov-08 Ada County Market %
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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).

Find more Market Statistics

Search Meridian Idaho Real Estate

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