There were 16 closed sales in West Toluca Lake in 2015 according to the MLS ( see listings below). The average sales price was $835,000. Average days on the market was 50. The highest sales price in West Toluca Lake in 2015 was $1,290,000 for a home on Kling Street that featured 5 bedrooms, 3 baths, a pool, 2591 square feet on a 11,000 square foot lot.
The San Fernando Valley is still experiencing a seller’s market with a scant 2.3 month inventory of active listings. A six month inventory is considered a balanced market. Homes that are priced right are still seeing multiple offers and demanding top prices.
Contact Heather at Heather@HeatherHouseHunter.com for a free market evaluation of your West Toluca Lake Home
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