Topanga’s home values have shifted noticeably over the past year, with the typical home value down about 44 percent compared to a year ago. Inventory has also declined year over year, falling around 16 percent as fewer homes are available than before. New listings have dropped sharply by roughly 74 percent, signaling that far fewer owners are putting their homes on the market.
In February 2026, the typical home value was about $1,700,000 while the median list price sat lower at roughly $1,550,000, reflecting some seller flexibility. Homes spent a median of 162 days on the market, and roughly 43 percent of recent sales still closed above list price even as buyers gained leverage.
Conditions currently lean toward a buyer’s market, with about 6.7 months of supply and 47 active listings but only 6 new listings and 6 pending sales. Around 8.5 percent of listings saw a price drop, and the average sale-to-list ratio was just under full price at 0.989, indicating modest negotiation room. Looking ahead to March 2026, projections point to a typical home value near $1,478,500 and median list price around $1,251,250 with inventory edging down to about 43 homes. Compared with Los Angeles County’s typical value of $905,000, Topanga remains a higher-priced niche, so both buyers and sellers can benefit from Agent Pronto’s help in finding an experienced local agent.
