Almost 47% of the December home sales in Meridian Idaho were Meridian Short sales or Meridian Bank-Owned Homes. This is one of the highest months yet and for December surpassed Boise & Eagle’s foreclosure market share (see next 2 graphs).
There were 20 closed Meridian short sales and 39 sold bank-owned homes. The increase in the market share was not due to more foreclosure sales but a decrease in Non-Foreclosure sales. See next graph.
Overall Meridian real estate sales were up 28% compared to the same time last year but down from November. November had posted the 2nd best month all year for new home sales but took a big dip in December.
IMLS is the source of this data. Information not guaranteed.
Browse through Meridian Idaho short sales on this site.