Of the single-family home sales, 55% (185 homes) had a contract price above $1,000,000 as compared to 165 in 2013 and 106 in 2012. There were twelve percent more homes sold in 2014 above one million dollars than in the year prior. Only 2 homes sold at a price below $500,000 compared to 3 in 2013 and a whopping 24 in 2012. Sadly, the modestly priced homes of the bust era have all but disappeared and builders looking for building sites have been difficult for entry-level home buyers to compete with.
