How to set font size of Matplotlib axis Legend?

I have a code like this:

import matplotlib.pyplot as plt
from matplotlib.pyplot import *
from matplotlib.font_manager import FontProperties

fontP = FontProperties()
fontP.set_size('xx-small')
fig=plt.figure()
ax1=fig.add_subplot(111)
plot([1,2,3], label="test1")
ax1.legend(loc=0, ncol=1, bbox_to_anchor=(0, 0, 1, 1),
           prop = fontP,fancybox=True,shadow=False,title='LEGEND')
plt.show()

It can be seen in the plot that the setting in Fontsize does not affect the Legend Title font size.

How to set the font size of the legend title to a smaller size?

Answer

This is definitely an old question, but was frustrating me too and none of the other answers changed the legend title fontsize at all, but instead just changed the rest of the text. So after banging my head against the matplotlib documentation for awhile I came up with this.

legend = ax1.legend(loc=0, ncol=1, bbox_to_anchor=(0, 0, 1, 1),
           prop = fontP,fancybox=True,shadow=False,title='LEGEND')

plt.setp(legend.get_title(),fontsize='xx-small')

As of Matplotlib 3.0.3, you can also set it globally with

plt.rcParams['legend.title_fontsize'] = 'xx-small'