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Town comparisons › Franktown vs Larkspur

Franktown vs Larkspur

Franktown and Larkspur are both in Douglas County. There are 47 homes for sale in Franktown and 53 in Larkspur as this page loaded. Franktown is the more expensive of the two: a median asking price of $1,695,000 against $1,119,000 in Larkspur, about 51% higher. Homes are moving faster in Larkspur — a median of 61 days on market against 89 in Franktown. Franktown is a buyer's market right now and Larkspur is a balanced market.

Side by side

MeasureFranktownLarkspur
Homes for sale4753
New in last 30 days1316
Median asking price$1,695,000$1,119,000
Median price per sq ft$370$301
Median size (sq ft)4,8603,842
Median bedrooms54
Median days on market8961
Months of supply7.15.3
Sold, last 12 months79119
Median sold price$1,273,000$950,000
Median days to sell10192
Sold vs asking price98.0%98.0%

The darker figure in each row is the lower price, the shorter wait or the larger number — which of those is the good news depends entirely on whether you are buying or selling.

What each market is doing

Franktown is a buyer's marketOver six months of supply means there are more homes for sale than the current pace of sales absorbs. Buyers have choice and time, and sellers usually have to compete on price or condition.
Larkspur is a balanced marketBetween three and six months of supply is the range where neither side has the upper hand - well-priced homes sell and buyers still have room to negotiate.

Franktown

47
Homes for sale
$1,695,000
Median asking price
$370
Median per sq ft
89
Median days on market

Larkspur

53
Homes for sale
$1,119,000
Median asking price
$301
Median per sq ft
61
Median days on market

Look at either town on its own

Questions people ask

Is Franktown or Larkspur more expensive?

Franktown is more expensive. The median asking price is $1,695,000 in Franktown against $1,119,000 in Larkspur. By price per square foot, Franktown runs $370 and Larkspur $301.

Which moves faster, Franktown or Larkspur?

Homes for sale in Larkspur have been on the market a median of 61 days, against 89 days in Franktown. Of the homes that actually closed in the last twelve months, Franktown took a median of 101 days and Larkspur 92.

Is Franktown or Larkspur the better market for a buyer?

Franktown is a buyer's market and Larkspur is a balanced market, measured on months of supply — 7.1 months in Franktown and 5.3 in Larkspur. More months of supply means more choice and more room to negotiate, so on that measure Franktown is the easier of the two to buy in today. That is the arithmetic, not advice — the right town is the one you want to live in.

How many homes are for sale in Franktown and Larkspur?

There are 47 homes for sale in Franktown and 53 in Larkspur as this page loaded, 13 and 16 of them new in the last 30 days.

How current are these figures?

They are not published on a schedule and they are not a monthly snapshot. Both towns are read from the live MLS feed at the same instant, when you open this page, so the two sides are always measured against each other rather than against different weeks.

Both sides of this comparison are recalculated from the live MLS feed at the moment the page loads - neither is a monthly snapshot, and the two are read at the same instant so they are always comparable. Figures cover residential homes for sale; rentals, land and commercial are excluded, as are fractional co-ownership shares, which are priced per share and would distort the medians. Sold figures cover the last twelve complete calendar months. Market data is deemed reliable but not guaranteed - talk to us before making a decision on it.