Market Report
Toluca Lake, CA 91602
Condos/Townhomes
Chartwell Escrow
Toluca Lake, CA 91602
Sat May 24 2025
This week the median list price for Toluca Lake, CA 91602 is $759,000 with the market action index hovering around 30. This is an increase over last month's market action index of 28. Inventory has decreased to 13.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
Market Narrative
The market shows signs of warming up, with sales demand recently increasing faster than inventory. Prices have not yet responded as the market is still working through excess inventory. It’s unlikely that we’ll see prices level off or move higher until the MAI sustains its upward trend and maybe not until the inventory is depleted enough to create a Seller’s market.
Real-Time Market Profile
| Median List Price | $759,000 | |
| Median Price of New Listings | $849,000 | |
| Per Square Foot | $564 | |
| Average Days on Market | 60 | |
| Median Days on Market | 35 | |
| Price Decreased | 38% | |
| Price Increased | 0% | |
| Relisted | 31% | |
| Inventory | 13 | |
| Median Rent | ||
| Market Action | 30 | |
| Slight Seller's Advantage | ||
Again this week in this zip code we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high level. At this point, we will be looking for a persistent upward shift in the Market Action Index as a leading indicator for a trough in prices.
Market Segments
Each segment below represents approximately 25% of the market ordered by price.
| Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
|---|---|---|---|---|---|---|---|---|
| $1,359,000 | 1,854 | 0.25 - 0.5 acre | 2 | 3 | 34 | 1 | 1 | 35 |
| $999,999 | 1,711 | 0.25 - 0.5 acre | 2 | 2.5 | 34 | 1 | 0 | 7 |
| $749,000 | 1,452 | 0.5 - 1 acre | 2 | 2 | 32 | 0 | 0 | 42 |
| $608,450 | 1,045 | 1 - 2.5 acres | 2 | 2 | 60 | 1 | 0 | 59 |