Chelsea E. Ialeggio's Report

Larkspur, CA

Single-Family Homes

ChelseaInMarin@gmail.com | ChelseaInMarin.com



Larkspur, CA

Sat Aug 17 2019
This week the median list price for Larkspur, CA is $1,897,000 with the market action index hovering around 45. This is about the same as last month's market action index of 45. Inventory has held steady at or around 10. Click here to stay informed with the Larkspur market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Strong Seller's Market

In the last few weeks, the Market Action Index has resumed a climb. Despite the fact that we’re in a Seller’s market, prices have not yet resumed upward momentum. However, it is likely that given these conditions, prices will at least level off very soon. If the increasing trend continues, expect that prices could shift higher quickly.

Larkspur, CA

Sat Aug 17 2019
This week the median list price for Larkspur, CA is $1,897,000 with the market action index hovering around 45. This is about the same as last month's market action index of 45. Inventory has held steady at or around 10. Click here to stay informed with the Larkspur market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Strong Seller's Market

In the last few weeks, the Market Action Index has resumed a climb. Despite the fact that we’re in a Seller’s market, prices have not yet resumed upward momentum. However, it is likely that given these conditions, prices will at least level off very soon. If the increasing trend continues, expect that prices could shift higher quickly.

Real-Time Market Profile

Never miss important changes in the Larkspur market.
Median List Price $1,897,000
Per Square Foot $919
Days on Market 51
Price Decreased 30%
Price Increased 0%
Relisted 10%
Inventory 10
Median House Rent $4,750
Most Expensive $2,695,000
Least Expensive $995,000
Market Action Index
Strong Seller's Market
45

Again this week we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high levels. The Market Action Index is a good leading indicator for the durability of this trend.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$2,610,000 3,179 8,000 - 10,000 sqft 3 4 23 0 0 35
$2,186,000 2,068 0.25 - 0.5 acre 3 2 70 0 1 42
$1,895,000 2,271 6,500 - 8,000 sqft 3 3 53 0 0 72
$1,549,000 1,610 6,500 - 8,000 sqft 3 2 59 0 0 46