Hard to believe it's July, but that means the 1st half of the years real estate stats are in the book. June certainly put up some interesting numbers and points to where things may be heading into the 2nd half of the year. Let's dig in!
To start, June saw a huge increase in average home price. Homes sold last month in Lawrence averaged a whopping $407K! That's almost a 14% increase from May and almost 12% of June of last year. However, new listings and home sales continue to decline across the board. Sales were down 8% from May, 12% from June of 2025, and down almost 15% for the year. New listings are down almost 10% year-to-date.
Despite all this weirdness, June actually marked the first time this year that YTD average price has been positive. But with so fewer home sales, the total dollar volume in the market is down considerably.
All of the stats that follow are sourced from the Lawrence MLS. What follows is a look at some market numbers specifically within the city limits of Lawrence:
Month-over-Month
- June home sales decreased 8% from the previous month with 104 sold homes
- Average Price increased 13.8% in June vs. the previous month, up to 407K
- Median Price increased 12.3% to $368,750
- Average DOM was flat at 15 days-on-market
- 116 homes were listed in June, a 2.7% increase from 113 listed in May
- List-Price-to-Sales-Price Ratio for June was 99.6%
- Average Per-Square-Foot in June was 195/sq.ft.
Year-over-Year
- Home sales were down 11.9% in June '26 vs June '25, a decrease of 14 homes sold
- Average Price was up 11.9%
- Median Price was up 19%
- The 116 homes listed last month was a 7.9% decrease YoY
- Market Dollar Volume was down 1.4% at $42.3M
YTD
- Homes Sales are down 14.6% YTD through June; a decrease of 79 homes sold this year
- Average Price is up 0.7% at $366.6K
- Median Price is up 1.6%
- Average DOM is down 15.4% at 22 days-on-market
- 658 Homes have been listed so far this year; a decrease of 9.6% from last year
- Total Market Dollar Volume is down 14% YTD for a total of $169.4M
- Average Per-Square-Foot for the year is at $196/sq.ft., up from $193/sq.ft. in 2025
Active Properties
- There are 175 "Active" properties in Lawrence, an increase of 12.2% since my last update
- There are 93 properties currently listed as "Under Contract" which is a decrease of 6.1% since my last update
- The average list price of homes currently Under Contract is $410,432
- The average DOM for Under Contract homes is 18 Days
- The average list price of homes currently Active is $484,222
- The average DOM for Active homes is 69 Days
- Months-of-Supply: There is currently 2.3 months-of-supply in Lawrence
Months-of-supply continues to creep upwards and it's also interesting to point out that homes still listed as Active in the MLS have been sitting on the market for an average of 69 days. Compare that to homes listed as Under Contract at 18 days-on-market on average. This stat tells us that a home either sells very quickly, or it sits on the market for a long time. Good info to keep in mind for future home sellers looking to take advantage of selling in the 2nd half of the year.
Stay tuned to R+K Real Estate for great new content, updates, advice, opinions and more in 2026. We plan to continue our advance of transparency, consumer advocacy, and empowering our clients with alternate business models designed to provide high levels or real estate service with drastically reduced commissions!
-Ryan Desch, Broker/Owner R+K Real Estate Solutions
