South Larkspur, Larkspur Housing Market · 2026

Data through Jul 2026

Data curated by Melanie Tan, 8 Blocks Real Estate · How this data works

South Larkspur, Larkspur Market Snapshot

South Larkspur is a balanced market and tilting gently toward buyers. A good environment for thoughtful decisions on both sides:

Based on 18 homes sold in the 3 months ending July 2026. Includes all residential types (SFH, condo, townhouse, multi-family, and others). Updated weekly.

Data through July 2026

SalesWhat are homes selling for?
Median Sale Price
$1.91M
Down 29.3% from July 2025
Down $791K from July 2025
Homes Sold
18
Sold in the last 3 months. More sales = more reliable data.
Your CostWhat would you actually pay each month?
Monthly Payment
~$12,039/mo
6.71% · 30yr fixed · 20% down
Payment Breakdown
  • Principal & Interest$9,867
  • Property Tax$1,989
  • Insurance$183
CompetitionHow competitive is it right now?
Days on Market
30 days
13 more days than in July 2025
Homes typically sell within a month
Sale-to-List Ratio
102.8%
Down from 106.9% in July 2025
Selling at or near asking price
% Sold Over Asking
41%
41% of homes sold above asking, some competition
Active Listings
5
Up 78.6% from July 2025
About 0.9 months of supply. Very low, limited options for buyers

Market Trends

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

Median Sale Price
Down 29.3% year-over-year in South Larkspur. Based on 18 sales in the last 3 months.
Homes Sold
38% more homes sold than a year ago in South Larkspur.
Total Monthly Payment
Estimated monthly cost is down 29% from a year ago in South 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 6.71%. Your actual rate depends on your credit, down payment, and loan type.

Frequently asked questions about South Larkspur, Larkspur

Is now a good time to buy in South Larkspur, Larkspur?

South Larkspur, Larkspur is a balanced market that is tilting gently toward buyers. Both sides have reasonable leverage, contingencies are more common, and there is time to make thoughtful decisions.

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

At $1.91M, South Larkspur, Larkspur's median is close to the Bay Area average of $1.80M.

This is close to the Larkspur city-wide median of $1.90M.

By home type:

  • Single-family homes at $3.02M
  • Condos at $1.65M
What price range should I budget for in South Larkspur, Larkspur?

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

  • Single-family homes at $3.02M
  • Condos at $1.65M

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 South Larkspur, Larkspur for buyers?

South Larkspur, Larkspur is a balanced market where neither side dominates:

  • Homes sell about 3% above asking on average
  • 41% close above list price
  • 30 days typical time to go pending
  • 27% of listings have had a price reduction

Buyer strategy: contingencies are more accepted, and there is time to tour and negotiate without extreme pressure.

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

At $1.91M with 20% down at 6.71%, your estimated total monthly cost is approximately $12,039:

  • $9,867 principal and interest
  • $1,989 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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