He said the property, which contains the main house where Jackson lived for 15 years, was held off the market because of wildfires and mudslides in nearby Santa Barbara, California.
“Everyone pulled back for about a year in general,” Forsyth said.
The nearly 12,000-square-foot house is at the center of a controversial new documentary.
The two-part “Leaving Neverland” is set to start airing Sunday on HBO. (CNN and HBO share parent company WarnerMedia.) The documentary details allegations by Wade Robson and James Safechuck of sexual abuse at the hands of Jackson.
‘Leaving Neverland’ presents chilling parallel accounts of Michael Jackson’s alleged abuse
The pair allege that Jackson, who died in 2009, molested them when they were children.
Jackson’s family has denied the allegations and condemned the film. The family has called it a “public lynching” and the accusers “admitted liars,” a reference to sworn statements by both Safechuck and Robson while Jackson was alive that he did not molest them.
The property, now known as Sycamore Valley Ranch, is jointly owned by Jackson’s estate and a fund managed by the real estate investment trust Colony Capital.