December 4, 2025

Lawrence Board of REALTORS® Releases Home Sales Figures for October 2025

Homes sales in the City of Lawrence fell by 16.9% in October compared to the prior year. Sales in October 2025 totaled 74 units, down from 89 in 2024.

Among existing homes, 68 units sold in October, a decrease of 20.9% from 86 units that sold in 2024. The average sale price of existing homes was $351,036. This represents an increase of 2.3% from the October 2024 average price of $343,173.

For new construction, 3 sales occurred in October, up from 2 units the prior year, an increase of 50.0%. The average sale price of new homes in October was $426,283, up 43.3% from the same period last year.

A total of 76 contracts for sale were written in October 2025, up from 65 in October 2024. This is an increase of 16.9%. Contracts written during the month reflect, in part, sales that will close in the near future.

The inventory of active listings in the City of Lawrence stood at 154 units at the end of October, which is down from 190 homes that were on the market at the end of October last year. At the current rate of sales, this figure represents 1.8 months' supply of homes on the market.

For questions and/or comments, please contact LBOR President Bailey Stuart at 785-766-7840 or BaileyStuart@askMcGrew.com.

Complete statistical summaries for Lawrence and Douglas County are available at http://www.lawrencerealtor.com/market-statistics/.

Three-Year Comparison Through October 2025