Charlotte luxury home market grows 39 percent in one year

From October 2018 to October 2019, there was an 11 percent increase in homes sold for over one million dollars in the Charlotte metro area. From October 2019 to October 2020, that number increased by 39 percent, according to Canopy MLS Statistical Analysis Module. “That's tremendous growth over a single year. Our luxury market is flourishing,” said Jay White, CEO of The White Group at Ballantyne-Area Keller Williams. “This increase is partly due to the increase in home prices. There weren't…