Is Larkspur, CA 94939 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Larkspur is a seller’s market. With about 1.2 months of supply and 41% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Competition score85/ 100

More competitive than 90% of U.S. ZIP codes, and #119 of 1069 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

Months of supply1.2Under 4 months = seller’s market
Sold above original list40.7%Share of sales, last 3 months
Median sale-to-list101.8%Sold price ÷ list price
Median days on market23Listing to accepted offer
Median price per sq ft$1,151▲ +8.0% vs. last year

The Larkspur housing market right now

In the three months ending August 31, 2026, 41% of homes in Larkspur, CA 94939 sold above their list price, the typical home went under contract in 23 days and there were 1.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 28 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 33%, homes sold faster (38 days then) and the median sale price rose 37% to $2,074,103. Overall, Larkspur is more competitive than a year ago, so tougher for buyers.

Within Marin County, homes here sell faster than in 71% of the county’s ZIP codes, and sell more often over asking than in 50%. On our competition score, Larkspur ranks #119 of 1,069 CA ZIP codes with enough sales (score 85 out of 100).

Nearby, buyers who want less competition could look at Woodacre 94973 (0% sold over asking) or San Geronimo 94963 (0% sold over asking), while Forest Knolls 94933 (100% sold over asking) and Marshall 94940 (100% sold over asking) are even more competitive.

Nearby markets

Belvedere Tiburon 94920Seller’s market $1,376 /sq ftBolinas 94924Balanced $1,340 /sq ftCorte Madera 94925Seller’s market $1,066 /sq ftDillon Beach 94929Balanced $659 /sq ft Browse all markets →

Where Larkspur is

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Questions about Larkspur real estate

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

A seller’s market: there were 1.2 months of supply in Larkspur, CA 94939 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 23 days in the latest three months.

Do homes in Larkspur sell over asking?

41% of homes sold above their original list price, and the typical sale closed at 101.8% of the list price.

What are property taxes in Larkspur?

About 1.15% of a home’s value a year in Marin County, or roughly $4,600 on a $400,000 home.

What is the median home price in Larkspur?

The median sale price was $2,074,103 in the three months ending August 31, 2026, about $1,151 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