Home prices in Charlotte's luxury market ended last year up 9.7% over the previous year, according to a recent Redfin report. The average sale price for homes in the local luxury market, or the most expensive 5% of homes, ended 2015 at $975,000, said the online real estate firm. The rise in Charlotte's priciest segment of the housing market trails only Philadelphia, which saw a 25.4% bump; Austin, Texas, with an uptick of 22.5%; and Sacramento, Calif., with a 12.6% year-over-year increase. Charlotte's…
from Charlotte Business News - Local Charlotte News | Charlotte Business Journal http://www.bizjournals.com/charlotte/news/2016/02/16/redfin-report-charlottes-luxury-home-market-is.html
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