Redtail Community does not do well in 2015 Main Idaho Real Estate Insights

In a competitive market, the slightest blemish can turn people off and no other community noticed that more then this one

Readtail New Home Values

New Home Pricing Guide Average Sales Price Total Sales Average Price per SqFt Price Range of Homes
2015 $344,801 12 $145.75 $270k to $386k
2014 $351,757 11 $138.03 $300k to $384k
2013 $357,270 1      
*source Intermountain MLS
Redtail Community Meridian IdahoAs you can see though sales remained strong the prices of homes did not, and the market was rising. Most people recognized this community as it is off Victory Rd, just east of Meridian Rd. It had a strong start and lots of momentum, there were three parade homes in there at one time. Then the apartments went up and it really staggered sales. Home Owners generally do not want to live by renters, even if they are nice and brand new apartments. Overall, you can see it brought values down but again, sales were strong. May be a good place for value in Meridian, learn more about Redtail.
Posted by tlangford at 2/6/2016 9:09:00 PM
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