One of the biggest stories related to the Covid impact of the past two years has been the emergence of million-dollar and luxury estate property activity outside the traditional hub of Mecklenburg County.
Places like Eastover, Myers Park, SouthPark, and Cornelius remain high demand areas for luxury home buyers. Work from home conditions, the attraction of more acreage, new construction properties, and an emphasis on outdoor lifestyles have all propelled the region’s outlying counties to unprecedented luxury activity.
The six-county area surrounding Mecklenburg accounted for more than 754 transactions above $1 million in value in 2021, compared to 1,008 in a traditionally strong Mecklenburg. Further, while Mecklenburg showed a robust increase from 795 closings in 2020 to 1,008 in 2021,
momentum in the outlying areas bested this increase,
