Ken Dara's Market Report

Larkspur, CA

Single-Family Homes

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



Larkspur, CA

Sun May 26 2024
This week the median list price for Larkspur, CA is $2,972,500 with the market action index hovering around 43. This is less than last month's market action index of 48. Inventory has increased to 12. 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

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Larkspur, CA

Sun May 26 2024
This week the median list price for Larkspur, CA is $2,972,500 with the market action index hovering around 43. This is less than last month's market action index of 48. Inventory has increased to 12. 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

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Larkspur market.
Median List Price $2,972,500
Median Price of New Listings $0
Per Square Foot $1,097
Average Days on Market 36
Median Days on Market 25
Price Decreased 25%
Price Increased 0%
Relisted 0%
Inventory 12
Median Rent
Market Action 43
Slight Seller's Advantage

Prices continue their climb again this week. We’re a long way from the market’s price high-point so watch the Market Action Index as an indicator of how long this trend will last.

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
$3,995,000 3,420 6,500 - 8,000 sqft 4 3.5 10 0 0 7
$3,295,000 2,721 0.25 - 0.5 acre 4 3 56 0 0 35
$2,750,000 2,303 8,000 - 10,000 sqft 3 2.5 57 0 0 14
$1,500,000 2,192 0.25 - 0.5 acre 3 2.5 104 0 0 35