Yea I would not pay more than 200 for it. So there has been a boom in fixed gear bikes, but they dont fit a lot of riders. What I mean by fit is, fixed gear riding is not for everyone. I am 61, started riding fixed 6 months ago and I am crazy about it. I ride only fixed now. I have noticed a lot of people riding single speed freewheel even though they have a flipflop, they just dont do well fixed. So there are a lot used ones out there, you can get them for about half of what they sold for new. Some dont even have 5 miles them.
I would keep that in mind, when you see a Schwinn japanese made frame, turned fixed for 450 bucks lol.