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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Larkspur is a buyer's market

Buyer's
Market

Difference Since March 2023

At the same time last year, Larkspur was a Seller's Market.

Key Takeaway

Larkspur is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Larkspur, CO

How much do homes in Larkspur, CO cost?

Median Sold Price

$1,005,000

$267/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$79,500(+8.6%)

Key Takeaway

Homes in Larkspur have sold for 8.6% more than they did a year ago.

Summary: The median home sold price in Larkspur was $1,005,000 in March 2024, up 8.6% from last year, and the median price per square foot was $267.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $495K-
N/A
3 $899K$820K
-8.8%
4 $937K$995K
+6.2%
5+ $1.2M$1.2M
+0.8%

Summary: Larkspur housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 8.8%, 4 bedroom homes increased by 6.2%, and 5+ bedroom homes increased by 0.8%.

Housing Supply in Larkspur, CO

How many homes are available in Larkspur, CO?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
4058+45.0%

Summary: The Larkspur real estate market had 58 homes for sale in March 2024, a 45.0% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 00
0.0%
3 916
+77.8%
4 1924
+26.3%
5+ 1218
+50.0%

Summary: The Larkspur housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 77.8%, 4 bedroom homes increased by 26.3%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
67+16.7%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Larkspur, you may be able to get a good deal. 85.7% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Larkspur in March 2024, up by 16.7% month-over-month. Of the 7 sold homes, 86% were sold under asking, 14% were sold at asking, and 0% were sold over asking.

Days on Market for Larkspur, CO

How long does it take to sell a home in Larkspur, CO?

Average Sale Time

Mar 2023Mar 2024CHANGE
93 Days120 Days+29.3%

Summary: Homes in Larkspur had an average of 120 days on market in Mar 2024, up by 29.3% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Larkspur are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During March 2024, 7 homes were sold in Larkspur; 29% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 43% of homes were sold over 90 days.

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

Report Updated 28 Days Ago

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