This Week's Market Overview
The median list price for Toluca Lake, CA 91602 is $3,397,000, with inventory at approximately 22 active luxury properties — one of the smallest available pools among all Valley submarkets. That scarcity, combined with consistent demand from entertainment industry professionals and studio-adjacent buyers, continues to define the character of this market.
Market Action Index
Current MAI: 34 (Slight Seller's Advantage) | Last Month's MAI: 38
The MAI has pulled back from last month, a signal worth watching. Inventory has ticked up slightly and demand has softened modestly — but the market remains in seller's territory. Sellers who move promptly and price strategically are still well-positioned.
Market Narrative
Toluca Lake enters spring 2026 as one of the Valley's most coveted and least-discussed luxury communities. Nestled between Burbank and North Hollywood — and minutes from Warner Bros., Disney, and NBC/Universal — it draws buyers who want proximity to the studios without sacrificing neighborhood character. Supply is consistently tight, with only a handful of properties available at any given time across the upper price tiers.
Average days on market at 83 reflects the deliberate pace of luxury buyers in this ZIP, but well-priced, move-in-ready homes are still generating meaningful activity, with some transacting near or at asking. Properties featuring dedicated home office space or a detached guest house are commanding notable premiums as hybrid-work preferences become permanent buyer priorities. Overpriced or deferred-maintenance listings, however, are sitting — and the recent MAI dip suggests sellers should resist the urge to test the ceiling.
Real-Time Market Profile
- Median List Price: $3,397,000
- Median Price of New Listings: $2,445,000
- Price per Sq Ft: $1,004
- Average Days on Market: 83
- Median Days on Market: 59
- % Price Decreased: 26%
- % Price Increased: 2%
- Relisted Properties: 12%
- Inventory: ~22 properties
- Median Rent: $6,500/month
Market Segments
| Median Price | Sq Ft | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
|---|---|---|---|---|---|---|---|---|
| $7,500,000+ | 5,000+ | 0.25–0.5 acre | 5–6 | 5–6 | 5–20 yrs | 1 | 0 | 95 |
| $3,500,000–$7,500,000 | 3,500–5,000 | 0.2–0.4 acre | 4–5 | 4–5 | 20–40 yrs | 2 | 1 | 85 |
| $1,800,000–$3,500,000 | 2,200–3,500 | 6,000–9,000 sqft | 3–4 | 3–4 | 30–60 yrs | 3 | 2 | 70 |
| Under $1,800,000 | 1,000–2,200 | Condo/Townhome | 1–3 | 1–3 | 30–50 yrs | 2 | 2 | 50 |
Conclusion
Toluca Lake 91602 remains one of the Valley's most distinctive and undersupplied luxury markets. While the MAI cooling trend warrants attention, the fundamentals — tight inventory, a captive buyer pool, and an irreplaceable location — continue to support pricing. Sellers who enter with accurate expectations and strong presentation are finding motivated buyers, while buyers gain a rare opportunity to acquire in one of Los Angeles' most private and desirable enclaves.
Contact Information
Andrew: (818) 370-6121 | [email protected]
Fran: (818) 517-1411 | [email protected]
