In March 2024, Larkspur home prices experienced a significant decline, dropping 77.2% compared to the previous year, with a median sale price of $865K. The single home sold in March went for $665K, at an average of $203 per square foot, and sold 2.8% below the list price. The property remained on the market for 36 days before selling. This data points to a slower, more competitive market, where fewer homes are being sold and buyers have more leverage, as indicated by homes selling below the list price.

Larkspur’s housing market is moderately competitive, with homes typically selling in about 36 days. Some properties receive multiple offers, though on average, homes sell for approximately 3% below the list price and go pending within 36 days. However, "hot" homes, which are highly desirable, often sell at or near the list price and can go pending in as little as 10 days, reflecting strong demand for select properties in the area.

Nationwide, 1% of homebuyers looked to relocate to Larkspur from outside metropolitan areas. Among these, homebuyers from Houston showed the most interest in moving to Larkspur, followed by those from Los Angeles and San Francisco. This trend indicates growing interest in Larkspur from buyers in major cities, likely drawn by its appeal as a more relaxed yet accessible housing market.