Meridian Idaho Short Sales | Stats July ’09

Non-distressed, bank-owned, and short sales in the Meridian real estate market over the last four months are broken down in the graph below. There were 17 sold Meridian Id short sales in July compared to 29 in June.

Meridian Idaho Home Sales

153 homes sold in the Meridian real estate market during the month of July, of those, 40 were Meridian bank-owned homes and 17 were Meridian short sales, making foreclosures in Meridian 37% of the town’s total home sales. The Meridian foreclosure market over the last four months is shown in the graph below.

Meridian Idaho Foreclosures

The median home sold price in Meridian during July was $178, 200, and the average home sold price was $190,644.

The North West area of Meridian is where the majority of homes are selling. As the graph below illustrates, NW Meridian made up 56% of the total market share, while SW Meridian accounted for the smallest amount of home sales at 5%.

Meridian Idaho Homes Sold In July

Currently, there are 303 Meridian Idaho short sales listed, making short sales 28% of the total listings in the Meridian real estate market.  Search Meridian Idaho short Sales now.

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

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