Is Larkspur, CO 80118 a buyer’s or seller’s market?
Larkspur is a balanced market. With about 4.8 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
More competitive than 10% of U.S. ZIP codes, and #212 of 239 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Larkspur housing market right now
In the three months ending August 31, 2026, 6% of homes in Larkspur, CO 80118 sold above their list price, the typical home went under contract in 69 days and there were 4.8 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 34 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (5% then), homes sold more slowly (26 days then) and the median sale price rose 6% to $949,589. Overall, Larkspur is less competitive than a year ago, which gives buyers more room.
Within Douglas County, homes here sell more slowly than in any other ZIP code in the county, and sell less often over asking than in 85%. On our competition score, Larkspur ranks #212 of 239 CO ZIP codes with enough sales (score 16 out of 100).
Nearby, buyers who want less competition could look at Louviers 80131 (0% sold over asking) or Franktown 80116 (4% sold over asking), while Littleton 80129 (20% sold over asking) and Sedalia 80135 (20% sold over asking) are even more competitive.
Run the numbers for 80118
Nearby markets
Castle Rock 80104Seller’s market $222 /sq ftCastle Rock 80108Seller’s market $227 /sq ftCastle Rock 80109Seller’s market $224 /sq ftFranktown 80116Balanced $308 /sq ft Browse all markets →Towns like Larkspur nearby
Find towns like Larkspur in other states →Where Larkspur is
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Questions about Larkspur real estate
Is Larkspur a buyer’s or seller’s market?
A balanced market: there were 4.8 months of supply in Larkspur, CO 80118 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Larkspur?
The typical home went under contract in 69 days in the latest three months.
Do homes in Larkspur sell over asking?
6% of homes sold above their original list price, and the typical sale closed at 97.1% of the list price.
What are property taxes in Larkspur?
About 0.55% of a home’s value a year in Douglas County, or roughly $2,200 on a $400,000 home.
What is the median home price in Larkspur?
The median sale price was $949,589 in the three months ending August 31, 2026, about $248 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology