Topanga, CA Housing Market & Real Estate
Housing market overview · Updated weekly ·
Quick answer: The median home sale price in Topanga, CA is $1.70M, down 39.6% year-over-year. Homes sell in an average of 162 days with 47 active listings. The market is currently a buyer's market.
$1.70Mmedian sale price
Homes sold
7
Last 12 weeks
Days on market
162
Average pace
Active listings
47
6.7 months supply
Sale-to-list
98.9%
Below asking
Topanga, CA market data
| Metric | Value |
|---|---|
| Median sale price | $1.70M |
| Median list price | $1.55M |
| Year-over-year price change | -39.6% |
| Average days on market | 162 days |
| Active inventory | 47 listings |
| Months of supply | 6.7 months |
| Sale-to-list price ratio | 98.9% |
| Market condition | Buyer's market |
Source: Redfin · Updated weekly
The Topanga housing market is currently classified as a buyer's market with a median sale price of $1.70M. Prices have fallen 39.6% compared to last year, with homes spending an average of 162 days on market, indicating 6.7 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Market trends
Homes for sale in Topanga
There are currently 47 homes listed for sale in Topanga, California. The median listing price is $1.6M.
Active listings
47
Homes on market
Median list price
$1.6M
Avg. days on market
162
Days until sale
New this week
6
Newly listed
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Frequently asked questions
What is the average home price in Topanga?
The median home sale price in Topanga is $1.70M, down 39.6% from last year.
How long do homes stay on market in Topanga?
Homes typically spend 162 days on market before going under contract.
Is Topanga a buyer's or seller's market?
With 6.7 months of supply, Topanga is currently a buyer's market.
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