Larkspur CO is seeing a Shift - Market Update July 2022

By
Real Estate Broker/Owner with House to Home, Inc. - Denver Real Estate - 720-231-6373 DRE# ER40011786

 

The Town of Larkspur is located 40 miles south of Denver and West of I-25.   The town was incorporated in 1979 and today is known for the Renaissance Festival held every year in Larkspur and the Yogi Bear's Jellystone Campground.   Most homes in Larkspur are on lots of one acre or more and surrounded by trees.   You will see lots of wildlife - deer, mountain lions, bears (brown & black), fox, coyotes and lots of birds. 

 

Going to the grocery store will require a trip to Castle Rock, and depending on where in the town you live, it could be 15 minutes.   There isn't much in the "town", but a gas station, post office, three restaurants, and of course two golf courses with restaurants.   Bear Dance Golf Course is closer to I-25, and Perry Park Golf Course is on the West side of town.

 

The population of Larkspur is quite low, keeping "traffic" to a minimum.  Some in the neighborhood of Sage Port enjoy half-acre lots, and in Douglas Park, you will find some lots up to 70 acres.  Homes on the West side of town are nestled at the base of the foothills.  Most homes are on wooded lots and give the residents a mountain feel.  You will also find some homes high atop a mountain with fabulous views!

    

Here is what happened in July 2022 - 

13 Properties sold ranging in price from $700,000 to $2,075,000 (last month 9)

Days in MLS were 20 average days (last month 13 days)

Sellers saw 98.22% to list price   (100% last month)

Homes sold were built from 1920 to 2018

 

There are 33 current actives ranging from 699,999 to $1,400,000 with 49 average days on market.   This increased slightly from last month of 47 days.

The 16 pending properties are showing 40 days on market.

 

Most homes built a century ago have been remodeled - this one was built in 1904 - 

In October 2021, there was a home that sold that was originally built in 1898, but so remodeled, you would never have known!  

 

Looking for a home on acreage in the Denver Metro Area?     

Or, just want the peace and quiet of Larkspur - 

HOMES FOR SALE IN LARKSPUR

 

 


 

The BEST PART about Larkspur is the view as you drop down into Perry Park.  It is lush, and green, and instantly gives you a sense of calm.  Driving down the road, and seeing the deer roam around, hearing NO traffic, honking, etc. just the sounds of nature.  It is beautiful! 

 

 

Looking to lower your stress level, live on some acreage, and enjoy wildlife?  Call me.   720-231-6373

 

Posted by

Joan Cox
Broker/Owner, REALTOR®
House to Home, Inc.

Serving the Denver Metro area including all suburbs


Helping Buyers and Sellers achieve their real estate dreams, one house at a time!

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Comments (8)

Sheri Sperry - MCNE®
Coldwell Banker Realty - Sedona, AZ
(928) 274-7355 ~ YOUR Solutions REALTOR®

Hi Joan,

Your call to action(the very last line) is what will get your phone ringing. This is the key to Larkspur.  People are looking for a different lifestyle and this community provides that.

Aug 08, 2022 01:44 PM
Paul S. Henderson, REALTOR®, CRS
Fathom Realty Washington LLC - Tacoma, WA
South Puget Sound Washington Agent/Broker!

Thank you for sharing Larkspur with us. The prices don’t surprise me one bit and I would consider it if I had the money 🙂

Aug 08, 2022 09:56 PM
Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Good morning Joan - Larkspur is a wonderful location for those who want to get away.  That is a very nice looking restored house.

Aug 09, 2022 03:41 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Good morning, Joan... that is definitely the start of a shift and buyers have more room to negotiate on price, too. Do you think some of the slowdown might be due to the distance required to travel for basic necessities with the cost of gas so high?

Aug 09, 2022 05:50 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Sheri Sperry - MCNE® I was showing on Sunday in Larkspur, and just love it, so did my buyers.  Just didn't find the right home yet.

Aug 09, 2022 07:45 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Paul, you will find large lots and acreages in Larkspur, which is what buyers are looking for.

Aug 09, 2022 07:46 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Grant, I added that house, because Nina wanted to see what an older home looks like in Larkspur.

Aug 09, 2022 07:46 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Nina Hollander, Broker definitely the distance from Denver and gas prices are contributing to the lagging market in Larkspur.   We have the most listings I have seen for quite some time right now.  

Aug 09, 2022 07:47 AM