Property prices for sale in Meridian (Idaho)
The prices in real estate in Meridian, in the Idaho region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Meridian has increased during the last 6 months. In November, the average price per sq.feet was $202. In December this price pretty much remained the same at a value of $205 per sq.feet. The price for the following two months in (January, February) had a considerable increment of 133 %. The price per sq.feet has had a considerable deflation of 77 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $237.5 to $184 during March, and April.
Based upon to the price in Meridian (cities), these have remained the same in the last 6 months. In our first sample month during November, the average price is $567,938. In December This price remains at $577,546. During the following two months (January, February) the price has had an average incrementation from $572,742 to $615,492.5. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $594,117.25 and $579,885 between March and April.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $566,461 they are 50 % more affordable than the average price for Meridian. The properties with the lowest average price have 4 bedrooms, Their price is 33 % cheaper than the average. After that we have properties with 3 bedrooms priced at $341,110.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $134 / sq.feet, with an average $226 / sq.feet price in Meridian. The properties with the highest average prices have 2 bedrooms. They are 22 % more expensive than the average followed by properties with 3 bedrooms with a price at $167 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $566,461 it is 48 % cheaper than the average price in Meridian. "Townhouse" is seen as the second most affordable property type. The dearest property type is "Detached House" followed by "Condo". At a price of $409,110 it is 144 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $86 / sq.feet followed by "Commercial" priced at $102 / sq.feet. "Detached House" is the most costly type of property with a $960 / sq.feet cost followed by "Condo" with an average price of $188 / sq.feet.
