Average year-to-date price up 8.6%

LOUISVILLE, Ky. (June 15, 2015) — The Greater Louisville Association of Realtors reported that year-to-date sales are up 9.3 percent, with 5,764 homes and condos sold, compared to 5,273 at the same time last year. Sales were up 4.7 percent in May 2015, compared to May 2014, with 1,469 units selling this year, compared to 1,403 last year.

The median selling price in all Multiple Listing Service (MLS) areas was up 11.5 percent in May 2015, compared to May 2014. In Jefferson County, the median price was up 5.4 percent ($145,000) and the average year-to-date price was up 8.6 percent ($186,064). For all MLS areas, the inventory of available properties was 17.4 percent lower than the same time last year.