Real Estate Market update for Merriam Kansas suburban Kansas City Johnson County August 16th 2009

Merriam Kansas, suburban Kansas City, Johnson County Real Estate Market Update August 16th, 2009

How many Merriam homes are for sale?

As of August 16th, 2009 there are 51 homes listed for sale in Merriam Kansas, suburban Kansas City in Johnson County. The current asking prices range from $77,000 to $264,000.

How fast are the homes in Merriam selling and how much are Merriam homes selling for?

Since March 15th, 2009 41 houses have sold and closed. Since March 15th, 2009 the homes in Merriam, suburban Kansas City in Johnson County have sold in the range of $59,600 to $187,000

How much is your Merriam home worth?

The trend is picking up as far as sales volume. Credit is getting slighly easier to obtain although it will not return, at least anytime soon, to the easy credit access of 2003-2005. Those days are long gone.

Buyers are very interested in the $8,000 tax credit which is spurring interest in the market.

In General, interest rates are at or near generational lows, assuming you have good credit. Now is a great time to buy, while activity is starting up and there is time to get your low low low interest rate locked in.

Ken Jansen Broker Associate, CRS, ABR, CLHMS, ePRO, CSP

Keller Williams Realty Partners, Inc. Overland Park KS 66210

Phone 913-908-2215 Fax 913-744-2714

email Ken@KenJansenSellsHomes.com

website www.KansasCityRealEsate411.com