How did the third quarter of 2020 real estate perform in Beverly Hills?

The third-quarter was very good, however the fourth-quarter promises to be record-breaking when comparing 2020 sales volume year to date to 2019.

Photo Credit: Jim Bartsch Photography

Photo Credit: Jim Bartsch Photography

How has your market been doing so far this year compared to this time last year?

Westside sales are well ahead for properties in excess of $5 million+ up 12%, for properties $10 million+ up 26%, and for properties $20 million+ up 50%! Due to low inventory, there has been pressure on pricing as well. We currently have a real seller's market with considerable demand!

Photo Credit: Jim Bartsch Photography

Photo Credit: Jim Bartsch Photography

Do you expect a more or less active 4th quarter for this year than previous years?

There’s a very high demand for properties right now, and I think it will be a fantastic fourth-quarter. So many people are looking to make a move because of COVID and a strong desire for a more comfortable home/work life.

Photo Credit: Jim Bartsch Photography

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