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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Larkspur is a neutral's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

Larkspur is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Larkspur, CA

How much do homes in Larkspur, CA cost?

Median Sold Price

$2,060,000

$1,007/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$380,486(+22.7%)

Key Takeaway

Homes in Larkspur have sold for 22.7% more than they did a year ago.

Summary: The median home sold price in Larkspur was $2,060,000 in November 2024, up 22.7% from last year, and the median price per square foot was $1,007.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $485K$482K
-0.6%
2 $822.5K$1.3M
+64.1%
3 $1.8M$2.1M
+12.0%
4 $2.8M$2.7M
-1.8%
5+ $4.1M$3.4M
-17.6%

Summary: Larkspur housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.6%, 2 bedroom homes increased by 64.1%, 3 bedroom homes increased by 12%, 4 bedroom homes decreased by 1.8%, and 5+ bedroom homes decreased by 17.6%.

Median Sold Price Compared To Nearby Cities

Larkspur
+22.7%
Corte Madera
+9.8%
Mill Valley
+4.7%
San Rafael
+1.4%

Housing Supply in Larkspur, CA

How many homes are available in Larkspur, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3425-26.5%

Summary: The Larkspur real estate market had 25 homes for sale in November 2024, a 26.5% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 21
-50.0%
2 1010
0.0%
3 127
-41.7%
4 75
-28.6%
5+ 32
-33.3%

Summary: The Larkspur housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 41.7%, 4 bedroom homes decreased by 28.6%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
134-69.2%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was 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. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Larkspur in November 2024, down by 69.2% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% 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 17 Days Ago

Newest Listings in Larkspur, CA

Nearby Markets to Larkspur, CA

What housing markets are near Larkspur, CA?