According to another report by The State regarding home sales, “Topping out at 5,843, the 2014 total was 500 more than the number sold in 2013, which also marked a record.” The high mark was set in June with 581 single-family home sales which declined through November but picked back up again in December. The single-family sales in November were up 7.5 percent compared to the previous year.
It was analyzed that the ‘baby boomers’ were among the strongest buyers in 2014 because they were starting to retire. It was noted, however, that younger buyers are also taking an interest in the market and there is hope that this trend will continue. It is expected that there will be no change in interest levels this year and that the market should continue to be strong. It was reported that the median single-family sales price in the end was higher than the previous year.