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Central Okanagan Real Estate Report May 27, 2018
Weekly Top Property – 1986 Abbott Street, Kelowna, V1Y 1C3
This house has a 4,422 finished floor area, which was built in 1973. with 4 bedrooms and 5 baths, on a 0.67 acre lot, it Listed on the market for $6,298,000. It sold in 21 days, for $5,745,000. 
WATERFRONT ESTATE RESIDENCE. Matching exclusivity with a welcoming beachside Okanagan residence, this 0.67 acre and 76 ft. of sandy beach front provides a rare level of privacy & southern Okanagan lake views. Dramatically renovated in 2016/2017, this 4422 sq ft luxury home boasts 3 bedrooms, 4 bathrooms with a 1 bedroom & 1 bath carriage house suite. Clean, contemporary & inviting with spectacular views through the vast walls of glass looking onto the many inviting outdoor spaces in the lush yard. The homes entertaining areas are bright & open yet provide quiet spaces perfect for a slower, relaxed pace. The entrance leads to entertainment size principal rooms with high ceilings & feature fireplace, formal sitting area & gourmet kitchen boasting a 6 burner stove, sub zero fridge & grand marble island. Upstairs, the master suite provides a private water side terrace & features a walk-in dressing area with a beautiful ensuite bathroom.
Here is a look at the basic statistics for residential real estate sales:
| Status: Sold (112) | |||||||
| List Price | Sold Price | DOM | Beds | Total Baths | Finished Floor Area | ||
| Min | $59,000 | $55,000 | 8 | 1 | |||
| Max | $6,298,000 | $5,745,000 | 1098 | 6 | 8 | 7413 | |
| Avg | $624,965 | $607,878 | 64 | 3 | 3 | 1892 | |
| Sum | $69,996,074 | $68,082,297 | |||||
Criteria:
MLS is 'OMREB'
Major Area is 'Central Okanagan'
Sold Date is 5/21/2018 to 5/27/2018
Property Type is one of 'Single Family Residential', 'Strata', 'Manufactured Home', 'Lots and Acreages', 'Recreation'
Compared to last week
| Status: Sold (131) | |||||||
| List Price | Sold Price | DOM | Beds | Total Baths | Finished Floor Area | ||
| Min | $42,500 | $38,000 | 7 | 1 | |||
| Max | $3,998,000 | $3,849,000 | 254 | 7 | 6 | 7237 | |
| Avg | $586,165 | $574,091 | 47 | 3 | 3 | 1826 | |
| Sum | $76,787,584 | $75,205,887 | |||||
| Breakdown of the Sales for the Week | |
| Lots & Acreages | 6 |
| Manufactured Homes | 7 |
| Recreational | 0 |
| Single Family Residential | 60 |
| Strata - Apartments | 23 |
| - Townhouses | 16 |