Ahh, the age old question... In Chastain Park, not much happens below $400k. In the last couple of years record low sales have been:
- 2006 - $350,000
- 2007 - $410,000
Thus far in 2008, the record low happens to be a foreclosure that sold for $345,000 with six offers the first day it hit the market. That home has since been renovated and is now back on the market at $975,000. The lowest "normal" sale has been $432,500. This month a home came back on the market at $395,000 (76% of its asking price back in March) and it was snapped up in 4 days.
Interestingly, there is one home currently available under $400k.
You can view this home along with all of the currently listed homes for sale in Chastain Park at www.ChastainHomeBuyers.com