Larkspur Housing Market Report February 2025Marin County, California

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Housing Prices in Larkspur, CA

How much do homes in Larkspur, CA cost?

Housing Market Conditions

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

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Larkspur is a Seller's Market

Difference Since February 2024

Since last year, Larkspur has remained a Seller's Market.

Insight

Larkspur is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$2,000,000$979/SqFt
+$196,000
+10.9%

Based on all homes sold in the last 12 months

Insight

Homes in Larkspur have sold for 10.9% more than they did a year ago.

Summary: The median home sold price in Larkspur was $2,000,000 in February 2025, up 10.9% from last year, and the median price per square foot was $979.

Median Sold Price By Cities

Median Sold Price By Cities
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Larkspur
+10.9%
Mill Valley
+5.4%
Corte Madera
+0.9%
San Rafael
-1.7%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsFeb 2024Feb 2025Change YoY
1$475K$546K
+14.9%
2$995K$877.5K
-11.8%
3$1.8M$2.0M
+9.9%
4$2.5M$2.9M
+16.8%
5$3.7M$2.8M
-23.9%

Summary: Larkspur housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes increased by +14.9%. The home price for 2 bedroom homes decreased by -11.8%. The home price for 3 bedroom homes increased by +9.9%. The home price for 4 bedroom homes increased by +16.8%. The home price for 5 bedroom homes decreased by -23.9%.

How does Larkspur, CA compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Larkspur, CA

Housing supply in Larkspur, CA

How many homes are available in Larkspur, CA?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
32Last MonthFeb 2025
192 months agoJan 2025
+68.4 %
Change MoMJan – Feb

Summary: The Larkspur real estate market had 32 homes for sale in Feb 2025, a 68.4 % increase compared to Jan 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
7Last MonthFeb 2025
02 months agoJan 2025
+100.0 %
Change MoMJan – Feb

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsJan 2025Feb 2025Change MoM
123
+50.0%
259
+80.0%
31014
+40.0%
414
+300.0%
512
+100.0%

Summary: Larkspur housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +50.0%. The inventory for 2 bedroom homes increased by +80.0%. The inventory for 3 bedroom homes increased by +40.0%. The inventory for 4 bedroom homes increased by +300.0%. The inventory for 5 bedroom homes increased by +100.0%.

Asking Price vs. Sold Price

How much do homes in Larkspur, CA cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price5 Homes

At Asking Price1 Home

Under Asking Price1 Home

Insight

If you're buying a home in Larkspur, you could pay more than the asking price. 71.4% of homes here sold above asking price last month.

Summary: A total of 7 homes were sold or pending in Larkspur in February 2025, up by 100.0% month-over-month. Of the 7 sold homes, 14% were sold under asking, 14% were sold at asking, and and 71% were sold over asking.

Days on Market for Larkspur, CA

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

Breakdown of Home Sale Times

Under 30 Days1 Home

30 – 90 Days0 Home

Over 90 Days0 Home

Insight

Many homes in Larkspur are selling fast, if you're buying plan to act quickly.

Summary: During February 2025, 7 homes were sold in Larkspur; 14% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
15 DaysThis YearFeb 2025
9 Days1 year agoFeb 2024
+66.7 %
Change YoYFeb 2024 – Feb 2025

Summary: Homes in Larkspur had an average listing age of 15 days in Feb 2025, up by 66.7% compared to the previous year.

Newest Listings in Larkspur, CA

What homes are available in Larkspur, CA?

MLS Disclaimers and Copyright

Based on information from Bay Area Real Estate Information Services Inc., for the period 03/01/2023 - 03/01/2025

IDXCopyright © 2025 by Bay Area Real Estate Information Services, Inc. All rights reserved.

The data relating to real estate on this web site is provided through a cooperative data exchange program of the Bay Area Real Estate Information Services, Inc. Multiple Listing Service (BAREIS MLS) in which this real estate broker participates. The properties displayed are only the properties in the MLS's database approved by the cooperating listing Brokers to be displayed. Properties listed by brokers other than the broker owning this website are identified with the name of the listing broker's company, and name of the Listing Agent. Property information is provided by the listing broker. Information provided is not guaranteed to be accurate by BAREIS MLS, and you are advised to verify facts that are important to you. BAREIS MLS does not create, control, or review the property data displayed on this site and takes no responsibility for the content of such records. IDX information being provided is for the consumer's personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/12/2025, 11:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.