Chastain Park Real Estate Report – 1st Half of 2016

Here is the Chastain Park Real Estate Report for the first six months of 2016. Below are some stats to help you stay informed of what’s going on.

There are 71 homes actively listed for sale, 17 under $1,000,000 and 54 above $1m, 25 of those above $2m. With 4 homes priced over $4m and two of those over $10m, the average asking price for a home in Chastain Park right now is $2,000,000.

There are 5 homes in due diligence, and 13 homes “pending sale” which means they have made it through the due diligence period. The average price of the 13 pending homes is $1,810,154. Those 13 homes range in price from $785,000 to $2,875,000.

53 homes sold in the first half of 2016, up from 46 during the same period in 2015. The average sales price was $1,278,301, and those homes spent an average of 101 days on the market.

New Construction

Chastain Park continues to be a hot market for new construction homes. Today there are 15 new construction homes actively listed for sale which is about the same as this time last year. Those homes have an average list price of $2,024,880 which is also very comparable to last year.

There are 9 pending or contingent new construction homes with an average list price of $1,972,488.

7 new construction homes have sold this year with an average sales price of $1,644,377.

Click here to see the homes currently for sale in Chastain Park http://search.carsonmatthews.com/toppicks/55957/HomesforSaleinChastainPark/91680

If you have any questions about this report or would like to discuss buying or selling in Chastain Park, please reach out to me.

Thanks,

Carson Matthews
Associate Broker – Realtor
Atlanta Fine Homes Sotheby’s International Realty
678-595-9286
www.CarsonMatthews.com/ChastainPark