Have prices on MM really gone up that much in the used market?

This might be an ignorant question, but I haven’t followed the MM used market for a few years. I remember 12 years ago, I bought EBMM Axis guitars used for $850 each. I couldn’t give away Y2D or Luke III(Olive with rosewood necks) for $1300.

I recently looked on Reverb and some of these prices are nuts!

Are people really paying $2500 for a used Luke III? and $2000 for a Y2D?

I get inflation, but damn.