Larkspur Market Pulse: Median Price Drops 1.1% in Rolling Year

The median home price in Larkspur has dipped slightly over the last year, settling at $373,497 across 51 closed sales. This represents a 1.1% decrease compared to the previous rolling 12-month period and the same timeframe last year. While prices softened, homes are selling faster than before, with the median days on market dropping from 47 days to 40 days, a 14.9% improvement. Buyers in this Leander community are finding slightly more value, as the median price per square foot fell 8.8% to $176. The data shows that 80.4% of homes sold below their original list price, indicating a market where negotiation remains common. Despite the lower prices, the average home size has grown slightly, with the median living area increasing by 1.4% to 2,146 square feet. Inventory levels remain tight with only 15 active listings and 3.9 months of supply on hand as of late October. This suggests a balanced market where demand continues to outpace new supply. The ALEX Intelligence analysis confirms that while price growth has paused, the pace of sales remains steady for this specific community within Williamson County. Want to see this home? Call or text George at 713.918.9951 for a private showing. Data from Unlock MLS. Information deemed reliable but not guaranteed. Model outputs are ALEX Intelligence estimates, not appraisals. Read more Central Texas market data on the ALEX blog: https://alex-companies.com/blog