Q1 | 2026
| GLOBAL REACH / BOUTIQUE TOUCH
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As the General Manager of Keller Williams Beverly Hills, I have a unique vantage point on the hundreds of transactions we facilitate annually—from residential sales and luxury leases to multi-unit income and commercial properties. That breadth provides a real-time view into both the numbers and the sentiment driving our local market.
While we entered 2026 with a sense of cautious optimism, the first quarter has introduced a more measured pace across the Los Angeles market.
Navigating the Current Landscape
Several factors are currently shaping both activity and decision-making:
Rate Sensitivity: While mortgage rates have come down from their peak levels, they remain in the mid-6% range—still a meaningful jump from where we were just a few years ago. Over the course of the quarter, the 10-year Treasury yield moved from roughly the low 4.1% range at the start of January to the mid-4.3% range by late March. That shift may seem incremental, but it has been enough to push borrowing costs modestly higher and, more importantly, introduce a level of unpredictability. Buyers today are not only evaluating where rates are—they are trying to anticipate where they might be next, which naturally tempers urgency.
Inventory vs. Price: We are seeing a four-month supply of inventory—the highest it has been in some time—yet pricing has remained relatively resilient. This creates a more nuanced environment—one where strategy, positioning, and negotiation matter more than they have in recent years.
Local & Global Pressures: From the impact of the ULA Luxury Tax on high-end properties to the rising costs of post-fire insurance, affordability continues to be a central theme. These local dynamics, combined with broader global uncertainty, have led many buyers and sellers to proceed more deliberately.
Why I Remain Optimistic
Even within a more tempered market, opportunity tends to favor those who are well-advised and well-prepared.
With more inventory available, buyers now have the ability to move with greater intention, and sellers who position their properties thoughtfully are still achieving strong outcomes. We are seeing, day in and day out, that expertise and execution are making a meaningful difference.
Los Angeles real estate remains among the most desirable in the world. Our architecture, culture, and diversity continue to underpin long-term value in a way that few markets can replicate.
At Keller Williams Beverly Hills, we are proud of the collaborative environment we’ve built and the level of professionalism our agents bring to every transaction. In a market like this—where nuance matters—that culture becomes even more important.
On the following pages, you will see how various neighborhoods performed in the first quarter of 2026. Whether you are considering a purchase, a sale, or simply evaluating your position in the market, we welcome the conversation.
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Peter Schwartz
General Manager KW Beverly Hills
City of Beverly Hills (90210)
City of Beverly Hills (90211 / 90212)
Beverly Hills Post Office - City of Los Angeles (90210 / BHPO) Sunset Strip Bel Air / Holmy Hills
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beverly hills 90210
Beverly Hills (90210) reflects properties within the City of Beverly Hills
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hancock park/ wilshire
About Keller Williams Beverly Hills
Keller Williams Beverly Hills stands as one of the most influential and high-performing brokerages in the nation, recognized as the #1 Keller Williams office in California for profitability.
Located in the heart of one of the world’s most iconic real estate markets, the office brings together a dynamic collective of top-producing agents, industry leaders, and forward-thinking professionals committed to excellence at every level.
With a culture rooted in collaboration, innovation, and agent empowerment, Keller Williams Beverly Hills provides unparalleled support through cutting-edge marketing, advanced technology, and a deeply connected global network.
The result is a brokerage that not only leads in performance, but consistently elevates the standard of service, strategy, and success for its agents and clients alike.
