Ken Dara's Market Report

Larkspur, CA

Single-Family Homes

Engel & Voelkers | 415-425-3626 | ken.dara@engelvoelkers.com



Larkspur, CA

Sat Apr 13 2024
This week the median list price for Larkspur, CA is $3,075,000 with the market action index hovering around 39. This is less than last month's market action index of 47. Inventory has increased to 6. Click here to stay informed with the Larkspur market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Larkspur, CA

Sat Apr 13 2024
This week the median list price for Larkspur, CA is $3,075,000 with the market action index hovering around 39. This is less than last month's market action index of 47. Inventory has increased to 6. Click here to stay informed with the Larkspur market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Larkspur market.
Median List Price $3,075,000
Median Price of New Listings $3,400,000
Per Square Foot $1,107
Average Days on Market 23
Median Days on Market 4
Price Decreased 0%
Price Increased 0%
Relisted 0%
Inventory 6
Median Rent
Market Action 39
Slight Seller's Advantage

The market seems to have paused around this plateau. 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
$5,750,000 4,102 0.5 - 1 acre 5 4 84 0 0 7
$3,595,000 2,195 6,500 - 8,000 sqft 3 3 70 1 1 0
$3,075,000 2,818 0.25 - 0.5 acre 3 2.8 43 1 1 14
$1,825,000 2,336 0.5 - 1 acre 3 3 108 1 0 52