Merriam KS Real Estate- Merriam Homes for sale – Kansas, suburban Kansas City Real Estate Market Update February 15th, 2010
As of February 15th, 2010 there are 48 Merriam KS homes listed for sale in Merriam Kansas, suburban Kansas City in Johnson County. The current asking prices range from $49,900 to $190,000.
How fast are the homes in Merriam KS selling and how much are Merriam KS homes selling for?
Since August 15th, 2009 72 Merriam KS homes sold and closed. In the last six months the homes in Merriam, suburban Kansas City in Johnson County have sold in the range of $47,000 to $290,000. It is worth noting that only 5 of the sales in the last 6 months were for more than $200,000. Demand for homes under $200,000 has been spurred on by the first time home buyer tax credit and now the extended credit.
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, CRS, ABR, CLHMS, ePRO, CSP
Jansen Realty Group, Inc.
Phone 913-908-2215 Fax 913-273-1201