Larkspur’s rolling three-month snapshot shows a lean but active housing market. There are 63 active listings, with 44 new listings coming on and 33 going under contract. Closed sales reached 31, and months of supply sits at a relatively tight 2.5 months, consistent with a seller’s market reading.
Contract and listing activity has shifted notably compared with a year ago. New listings are up sharply year over year, while active inventory is actually down, indicating that many homes are getting absorbed as they hit the market. Pending sales have eased compared with last year, suggesting buyers are being somewhat more selective even as options arrive. In the broader Bend market, supply is looser at 3.7 months, so Larkspur is operating with a thinner cushion of inventory than the city overall.
Prices are responding in nuanced ways in this environment. The typical home value over the latest three months is up compared with a year ago, even as the median list price has edged down, hinting that sellers may be pricing more carefully to meet buyers where they are. Homes are moving quickly, with a median of just 13 days on market, and roughly half of listings go off-market within two weeks. About 27 percent of recent sales closed above list with an average sale-to-list ratio just over 100 percent, and both buyers and sellers can turn to Agent Pronto to connect with a skilled local agent who can navigate these conditions.
