Charlotte’s luxury real estate market has exploded, with high-end home prices more than doubling in the past decade. Homes in the top 5% of the market now fetch nearly $1.7 million, up 121% since 2015. What’s fueling this? A mix of newcomers from pricier states, rising equity, and Charlotte’s growing reputation as a desirable city. Even historic neighborhoods like Myers Park are seeing average sales close to $1.9 million. While this is great for sellers, it’s definitely changing the landscape for everyone. How do you feel about Charlotte’s rapid rise in luxury housing? Is this growth good for the city, or is it making things tougher for longtime residents? #RealEstate #Charlotte #LuxuryHomes