Is Larkspur, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Larkspur is a seller's market

Buyer's
Market

Difference Since October 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

$1,869,000

$975/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$69,000(+3.8%)

Key Takeaway

Homes in Larkspur have sold for 3.8% more than they did a year ago.

Summary: The median home sold price in Larkspur was $1,869,000 in October 2024, up 3.8% from last year, and the median price per square foot was $975.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $495K$482K
-2.6%
2 $807.5K$1.3M
+67.5%
3 $1.9M$2.0M
+6.3%
4 $2.8M$2.7M
-3.5%
5+ $4.5M$3.4M
-25.4%

Summary: Larkspur housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.6%, 2 bedroom homes increased by 67.5%, 3 bedroom homes increased by 6.3%, 4 bedroom homes decreased by 3.5%, and 5+ bedroom homes decreased by 25.4%.

Median Sold Price Compared To Nearby Cities

Corte Madera
+9.9%
Larkspur
+3.8%
Mill Valley
+2.8%
San Rafael
-1.0%

Housing Supply in Larkspur, CA

How many homes are available in Larkspur, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4035-12.5%

Summary: The Larkspur real estate market had 35 homes for sale in October 2024, a 12.5% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 12
+100.0%
2 1411
-21.4%
3 1211
-8.3%
4 98
-11.1%
5+ 43
-25.0%

Summary: The Larkspur housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 21.4%, 3 bedroom homes decreased by 8.3%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1112+9.1%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Larkspur, you could pay more than the asking price. 58.3% of homes here sold above asking price last month.

Summary: A total of 12 homes were sold or pending in Larkspur in October 2024, up by 9.1% month-over-month. Of the 12 sold homes, 33% were sold under asking, 8% were sold at asking, and 58% were sold over asking.

Days on Market for Larkspur, CA

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 5 Days Ago

Newest Listings in Larkspur, CA

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