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2011 Year End Chastain Park Home Sales Report

January 19, 2012

Today I have been crunching the numbers for 2011 to see how Chastain Park performed with home sales.  In general, homes in 2011 were priced a little bit lower compared to 2010 and thus sold for a little less, but closer to their list price and spent less time on the market.  A major factor in the average sales price was the number of homes under $500,000 that sold in 2011 compared to 2010.  In 2011 there were 13 homes in Chastain Park that sold for less than $500,000 compared to only 6 homes in 2010.  I sold two of those homes in 2011 and the buyers were thrilled to death to get into Chastain Park at such an affordable price.

Here are the numbers:

I have also recently posted the Buckhead 2011 Year End Home Sales Report, so click over and see how Chastain Park performed compared to Buckhead as a whole.
I hope you will call me if you or someone you know is interested in buying or selling a house in Atlanta, or anywhere for that matter.  I have relationships with top REALTORS all over the country and would be happy to put you in touch with them if you are moving outside of Atlanta.  If you want a more targeted market analysis for your neighborhood, please contact me and I would be happy to assist you.
Thanks and have a great 2012.
Carson Matthews
Atlanta Fine Homes Sotheby’s International Realty
678-595-9286
www.TheBuckheadOffice.com

 

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