Is Larkspur, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Larkspur has remained a Seller's Market.
Key Takeaway
Larkspur is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Larkspur, CA
How much do homes in Larkspur, CA cost?
Median Sold Price
$1,830,000
$974/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Larkspur have sold for 9.6% more than they did a year ago.
Summary: The median home sold price in Larkspur was $1,830,000 in March 2024, up 9.6% from last year, and the median price per square foot was $974.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $612.5K | $485K | -20.8% |
| 2 Bedrooms | $870K | $930.9K | +7.0% |
| 3 Bedrooms | $2.0M | $1.9M | -7.3% |
| 4 Bedrooms | $2.9M | $2.5M | -15.8% |
| 5+ Bedrooms | $4.6M | $3.7M | -19.6% |
Summary: Larkspur housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 20.8%, 2 bedroom homes increased by 7%, 3 bedroom homes decreased by 7.3%, 4 bedroom homes decreased by 15.8%, and 5+ bedroom homes decreased by 19.6%.
Median Sold Price Compared To Nearby Cities
| Larkspur | $1.6M | $1.8M | +9.6% |
| Corte Madera | $1.7M | $1.7M | 0% |
| San Rafael | $1.3M | $1.3M | -1.3% |
| Mill Valley | $2.1M | $2.0M | -2.4% |
Housing Supply in Larkspur, CA
How many homes are available in Larkspur, CA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 25 | 29 | +16.0% |
Summary: The Larkspur real estate market had 29 homes for sale in March 2024, a 16.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 5 | +66.7% |
| 2 Bedrooms | 6 | 9 | +50.0% |
| 3 Bedrooms | 7 | 10 | +42.9% |
| 4 Bedrooms | 7 | 4 | -42.9% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Larkspur housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 66.7%, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 42.9%, 4 bedroom homes decreased by 42.9%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 6 | 8 | +33.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Larkspur, you could pay more than the asking price. 87.5% of homes here sold above asking price last month.
Summary: A total of 8 homes were sold or pending in Larkspur in March 2024, up by 33.3% month-over-month. Of the 8 sold homes, 13% were sold under asking, 0% were sold at asking, and 88% were sold over asking.
Days on Market for Larkspur, CA
We’re sorry, we don't have information for this market at the moment
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