Here are the Statistics for the Meridian Real Estate Market. This is great news for buyers who are getting into the market in the Meridian area. If you’ll notice, there are some great opportunities for less than $250,000. However, the new construction stats favor the builders as inventory begins to dry up, which could force up prices for new homes and send more activity into the re-sale markets.
Meridian Market Stats – With several months of inventory at the current sales rate, buyers should have ample choice. Don’t get lazy though, inventory reductions in New Construction will drive prices upwards if supply levels continue to decrease.
Related posts:
