Larkspur Housing Market · 2026

Data through Mar 2026

Larkspur Market Snapshot

Larkspur is one of the most competitive markets in the Bay Area, and it's still heating up. Here's what you need to know:

Based on 5 homes sold in March 2026. Includes all residential types (SFH, condo, townhouse, multi-family, and others). Enough to see the trend, but individual sales still move the median. Updated weekly.

Data through March 2026

SalesWhat are homes selling for?
Median Sale Price
$2.62M
Up 112.8% from March 2025
Up $1.39M from March 2025
Homes Sold
5
Sold in the most recent month. More sales = more reliable data.
Your CostWhat would you actually pay each month?
Monthly Payment
~$16,190/mo
6.53% · 30yr fixed · 20% down
Payment Breakdown
  • Principal & Interest$13,279
  • Property Tax$2,727
  • Insurance$183
CompetitionHow competitive is it right now?
Days on Market
10 days
31 fewer days than in March 2025
Homes sell in a week or two
Sale-to-List Ratio
113.2%
Up from 101.0% in March 2025
Selling 13% above asking
% Sold Over Asking
80%
80% of homes sold above their asking price
Active Listings
25
Up 25.0% from March 2025
About 5 months of supply. Plenty of options for buyers

Market Trends

See how prices, monthly costs, and mortgage rates have moved in Larkspur.

Median Sale Price
Up 112.8% year-over-year in Larkspur. Based on 5 sales in the most recent month.
Homes Sold
55% fewer homes sold than a year ago in Larkspur.
Total Monthly Payment
Estimated monthly cost is up 105% from a year ago in Larkspur, reflecting changes in both price and mortgage rates.

Includes principal, interest, estimated CA property tax (~1.25%), and estimated insurance (~$2,200/yr). HOA fees not included.

30-Year Fixed Mortgage Rate (National Avg.)
National average currently at 6.53%. Your actual rate depends on your credit, down payment, and loan type.

Frequently asked questions about Larkspur

Is now a good time to buy in Larkspur?

Larkspur is one of the most competitive markets in the Bay Area. Buyers should expect to offer above asking price, be prepared to waive contingencies, and act fast. Coming in with strong financing and a clear strategy is essential.

How do Larkspur home prices compare to the Bay Area average?

At $2.62M, Larkspur's median sits about 40% above the Bay Area average of $1.88M. Larkspur is on the higher end of the regional market.

By home type:

  • Single-family homes at $3.13M
  • Condos at $586K
What price range should I budget for in Larkspur?

Prices in Larkspur depend heavily on home type and specific neighborhood. Median sale prices by type:

  • Single-family homes at $3.13M
  • Condos at $586K

Individual listings vary widely based on location, size, and condition. The best calibration is to narrow to a few specific neighborhoods you are considering and look at recent sales there.

How competitive is Larkspur for buyers?

Larkspur is one of the Bay Area's more competitive markets:

  • Homes sell about 13% above asking on average
  • 80% close above list price
  • 10 days typical time to go pending
  • 16% of listings have had a price reduction

Buyer strategy: budget 5 to 10% above ask on well-priced listings, with financing pre-approved and offers ready to move quickly.

What will my total monthly cost be on a median-priced Larkspur home?

At $2.62M with 20% down at 6.53%, your estimated total monthly cost is approximately $16,190:

  • $13,279 principal and interest
  • $2,727 property tax (California 1.25% effective rate)
  • $183 homeowners insurance

HOA fees are extra. Condo buyers typically budget an additional $300 to $700 per month for HOA, and townhome HOAs run $200 to $500.

No noise, just a quick weekly read on what's going on in your market.

Melanie Tan
Melanie Tan
DRE #02250755
“I help Bay Area buyers and sellers make confident moves with the latest market data, real local expertise, and the patience to find what's actually right for you, not the fastest close.”
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