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Home Prices Up 48% In Indian Trail's Crismark Neighborhood: Q4-2021

By
Real Estate Agent with Coldwell Banker Realty 179530

Crismark Neighborhood in Charlotte Area's Indian Trail

Real Estate Report & Neighborhood Spotlight

Quarter 4 - 2021

 

For a community with some 900 homes, the 11 homes listed for sale in Crismark in the Fourth Quarter 2021 were a drop in the bucket. 15 homes sold in Crismark in the Fourth Quarter, five more than one year ago.

 

Average days on market were 10 days, three days higher than in the Fourth Quarter one year ago. Median days on market were just three days during the Fourth Quarter 2021.

 

Average sale price of homes in Crismark in the fourth quarter was $438,031, up an astonishing 48.01% year-over-year. The median sale price was $405,500, up 39.35% year-over-year. Home prices ranged from $340,000 to a high of $625,000.

 

Crismark homes sold at 103.9% of listing price.  Buyers had virtually no room to negotiate on price in this popular community, as all but two of the 16 homes that sold in this quarter sold over asking price.

 

As the Fourth Quarter 2021 ended, NO homes in Crismark were listed for sale and NO homes were under contract.

 

CRISMARK REAL ESTATE SNAPSHOT: Q 4 - 2021

Crismark Neighborhood In Charlotte Area's Indian Trail Home Sales Report For Quarter 4-2021

 Detailed report on Crismark home sales in Quarter 4 - 2021

 

THE ENCLAVES AT CRISMARK

The Enclaves at Crismark had seven sales in Quarter 4-2021, three more than in the same quarter one year ago. Five homes were listed in the fourth quarter, two more than in the fourth quarter one year ago. 

 

Average days on market were 11 days, while median days on market were just three days.

 

Average sale price of homes in The Enclaves at Crismark in the fourth quarter was $601,257, up 30.29% year-over-year. The median sale price was $591,900, up 27.99% year-over-year. Home prices ranged from $519,000 to a high of $738,000. The Enclaves at Crismark homes sold at 101.3% of listing price.  Again, no real room for buyers to negotiate. 

 

As the Fourth Quarter 2021 ended, NO homes in The Enclaves at Crismark were listed for sale and NO homes were under contract.

 

THE ENCLAVES AT CRISMARK REAL ESTATE SNAPSHOT: Q 4 - 2021

The Enclaves at Crismark Neighborhood In Charlotte Area's Indian Trail Home Sales Report For Quarter 4-2021

Detailed report on The Enclaves at Crismark home sales in Quarter 4 - 2021

 

Median Sales Price Trends For Homes In Crismark & The Enclaves At Crismark

 

Median Sales Price Trends For Indian Trail

 

To track sales in Crismark "real time," click here for our Neighborhood Analyzer Report and sign up to automatically receive reports on Crismark sales activity.

 

CRISMARK: AN AFFORDABLE NEIGHBORHOOD WITH SOMETHING FOR EVERYONE:

 

Crismark Neighborhood In Indian Trail, NCCrismark neighborhood residents enjoy two pools and clubhouses, tennis courts, a soccer field, walking trails, and playground--a country club lifestyle without the country club cost.

 

One of the largest neighborhoods in Indian Trail with about 900 homes, Crismark homes range in price from the low $300,000's to the $600,000's.  Homes range in size from under 1,800 square feet to 4,000 square feet and feature three bedrooms up to six bedrooms. In other words... something for everyone from first time buyers to empty nesters to young families.

 

The average age of recently sold homes in the community is 14 years, with some of the sold homes built as early as 2002 and others as recently as 2015. Builders in the community included a mix of both production and custom builders: Cambridge Homes, Eastwood, Edwards Construction, Dublin Homes, Westport Homes. Bonterra Builders developed the Enclave section of Crismark where home prices range from the low $500,000's to the $700,000's.

 

CRISMARK: HIGHLY RATED SCHOOLS:

Schools attended by Crismark children include the highly rated Hemby Bridge Elementary School, Porter Ridge Middle School, and Porter Ridge High School.  And did you know that Indian Trail's Porter Ridge Middle School is ranked in the top 20 middle schools in the Charlotte metro area?

 

CRISMARK: CONVENIENT LOCATION:

Conveniently situated between Stevens Mill Road, Idlewild Road and Mill Grove Road, and with I-485 just five minutes away, Crismark's location in Indian Trail "can't be beat!" Three shopping centers, three grocery stores, banks, gas stations, several restaurants plus small service shops are located within a mile of the neighborhood.

 

WHY LIVE IN INDIAN TRAIL?

Indian Trail, North Carolina - Why Live HereIndian Trail is situated about 15 miles southeast of Charlotte in Union County. The town's name, "Indian Trail," is derived from the Native American path that wound through this area from Petersburg, Virginia, to the Waxhaw Indians, and gold mining.  The Indian Trail was founded in 1861 and its first roots are as a farming community. Indian Trail was incorporated as a town in 1907. Indian Trail is now the largest town in Union County. Family Circle Magazine named Indian Trail as one of the 10 Best Places In America To Raise A Family.

 

The Town of Indian Trail offers numerous community activities to residents, including: a  Hop To It Easter Egg Hunt; It's A Wonderful Life Christmas Celebration; Halloween Spooktacular; July 4th Parade; Fall Festival; Paws in the Park; and more. Lots of civic groups to get involved with in Indian Trail, as well, including Boy Scout, Cub Scout and Girl Scout troops, Lions and Rotary Clubs, and a VFW Post. Great park facilities also abound in Indian Trail. The Town of Indian Trail sponsors activities for kids, adults, seniors, and families.

 

 Crismark One Of 9 Hot Indian Trail Neighborhoods

Hot Indian Trail, NC Neighborhoods

 

HOMES FOR SALE IN CRISMARK & THE ENCLAVE AT CRISMARK IN INDIAN TRAIL

 

Crismark Neighborhood In Charlotte's Indian Trail

  

Interested in Crismark homes in Charlotte's Indian Trail area? Search for Crismark homes here.

 

WONDERING WHAT YOUR INDIAN TRAIL AREA HOME IS WORTH?

How Much Is My Indian Trail Home Worth? 

 

If you're thinking about selling your home, check out The Coldwell Banker Advantage

 

SEARCH ALL INDIAN TRAIL AREA HOMES FOR SALE 

SEARCH ALL UNION COUNTY HOMES FOR SALE

 

We've been opening doors for Indian Trail home buyers and sellers for 20+ years. If you're considering purchasing or selling a home in Crismark or any where in the Indian Trail area, contact Nina Hollander/Carolinas Realty Partners with Coldwell Banker Realty.

If you're buying, we have the complete inventory list of homes for sale in Crismark and Indian Trail.

If you're selling, let's get together and discuss the supply conditions in Crismark and Indian Trail and how we can assist you in gaining access to buyers who area ready, willing, and able to buy now.

And let us show you why experience matters and how:

"The Right Broker Makes All The Difference."

 

Great Homes In Charlotte

 

 

Posted by

 

 Nina Hollander, RE/MAX Broker, Realtor

 

 

 

Broker, Realtor, MBA, GRI, ABR, SRES, CDPE, SFR, SPS, CMRS
Carolinas Realty Partners with Coldwell Banker Realty
Direct: 704-779-0813
Website: www.GreatHomesInCharlotte.com
Blog: News You Can Use From The Greater Charlotte Area
Search For All Charlotte Area Homes: www.GreatHomesInCharlotte.com 

Charlotte Magazine 5-Star Customer Satisfaction Award Winner Since 2007

 

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Disclaimer:  Nothing in this blog article is to be construed as legal advice, tax advice, or financial advice.  For legal advice see an attorney.   For tax advice or financial advice see a tax attorney, certified public accountant, or other qualified professional.

 

Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Jeffrey DiMuria 321.223.6253 Waves Realty hi Jeff... whatever you call a 48% increase year-over-year, at the end of the day it's insane, as you said!

Jan 29, 2022 01:15 PM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Debb Janes EcoBroker and Bernie Stea JD hi Debb... I couldn't believe my eyes when I saw that 48% increase... the problem in selling is that those who sell won't have where to go after they sell. So it's a vicious cycle now.

Jan 29, 2022 01:16 PM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Hannah Williams hi Hannah... I'm always hoping that people aren't squandering that equity... I saw so many people pull out their equity in the mid-2000's and when the market dropped during the Great Recession they ended up having to do short sales.

Jan 29, 2022 01:17 PM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400 hi Sheila... when I saw how high prices had moved in the third quarter in Crismark, I didn't think they could go much higher... well, they sure did!

Jan 29, 2022 01:18 PM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Kathy Streib hi Kathy... because Charlotte is such a "modern" city these days and much of our growth has happened in the past two decades, people forget we are one of the original 13 colonies with a very rich history.

Jan 29, 2022 01:19 PM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Joan Cox hi Joan... these kinds of price increases are simply beyond comprehension on some level. 

Jan 29, 2022 01:20 PM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

George Souto hi George... I have to agree with you. I remember the days when if you had listing in Crismark you could sit on it for a while before it sold. Insane almost doesn't do these price increases justice.

Jan 29, 2022 01:21 PM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Ed Silva hi Ed... 15 sales in a community with 900 homes is really a drop in the bucket.

Jan 29, 2022 01:23 PM
Debb Janes
Nature As Neighbors - Camas, WA
Put My Love of Nature At Work for You

Nina Hollander, Broker tell me about it, difficult cycle. We've been caught in it for more than a year. 

Jan 29, 2022 01:27 PM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Debb Janes EcoBroker and Bernie Stea JD hi Debb... we are into our third year of really tight inventory. We've been a seller's market for going on six years... but the last two years have been very difficult for buyers.

Jan 29, 2022 01:32 PM
Debb Janes

Basically, the same here. But it seems, especially this past year, our listing clients are choosing to wait. 

Jan 29, 2022 01:35 PM
Ray Henson
eXp Realty of California, Inc. (lic. #01878277) - Elk Grove, CA
Realtor

48% is an astonishing number.  We topped out at just over 30%.  Wouldn't it have been nice to have a crystal ball at the beginning of last year?  I do wonder if this year will bring more of the same.  Again, that crystal ball would be nice!

Jan 29, 2022 09:32 PM
Endre Barath, Jr.
Berkshire Hathaway HomeServices California Properties - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Wow those are some huge increases, truly amazing hope they stay like that, unlike Bitcoin:)Endre

Jan 29, 2022 10:44 PM
Brian England
Ambrose Realty Management LLC - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

I was thinking that the 20-30% increases were insane, now I see 48%, I have no words, haha.

Jan 30, 2022 04:49 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Raymond Henson, eXp Realty good morning, Ray... I'm kind of used to seeing increases of 20% or so, but when it starts going over 40% it really is mind-boggling.

Jan 30, 2022 05:25 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Endre Barath, Jr. good morning, Endre... 48% increases year-over-year are truly crazy... especially when you consider how much prices had already increased the prior year.

Jan 30, 2022 05:26 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Brian England good morning, Brian... I, too, had no words when I saw that 48%. In fact, I couldn't even believe my eyes!

Jan 30, 2022 05:26 AM
Myrl Jeffcoat
Sacramento, CA
Greater Sacramento Realtor - Retired

Indian Trail home buyers and sellers are sure to value your real estate market report, Nina.

Jan 31, 2022 05:27 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Myrl Jeffcoat hi Myrl... affordable Indian Trail neighborhoods are becoming less and less affordable as time goes on, I'm afraid.

Jan 31, 2022 08:59 AM
Buzz Mackintosh
Mackintosh REALTORS - Frederick, MD
“Experience, reliable, leadership”

Looks like our market mirrors the Charlotte area ! 

Feb 04, 2022 06:07 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Buzz Mackintosh for sure, Buzz! I think that's what I was saying, as well, when I commented on your last market report.

Feb 04, 2022 06:08 AM