Larkspur Real Estate – Mid-year 2025
Larkspur Summary
Larkspur’s real estate market demonstrated impressive strength and momentum in the first half of 2025, despite a slight dip in total sales volume.
A total of 29 homes sold during the first half of the year—slightly down from 31 homes in the same period last year. However, this modest drop in volume is overshadowed by significant gains in pricing and buyer activity, signaling a highly competitive and dynamic market.
The average sale price climbed to $3,090,000, a notable increase from $2.6 million in the second half of 2024. The average price per square foot surged to $1,373, compared to $1,108, reflecting growing demand and limited inventory.
A remarkable 65% of homes sold over asking price, up from 41% in late 2024, with an average premium of 16% over list price, up from 12%. Multiple offer situations were reported in 55% of transactions, and 69% of homes went into escrow within 15 days, up dramatically from 39%—all clear indicators of intense buyer competition and urgency.
If you’re interested in maximizing the value of your home and determining an optimal pricing strategy, I invite you to contact me. I can guide you in preparing your home for sale and ensure a hassle-free selling experience right up to the completion of your move.
