Comparative Market Analysis
Ready to listKelowna, BC
12–1853 Parkview Cres
$679,000
Recommended list price
$428 / sq ft · 1,587 sq ft
vs assessed value
−4.4%
↓ Priced below value
3 bed3 bath1,587 sq ftBuilt 2005
Market Context
A market that rewards sharp pricing
Kelowna's same-complex segment cooled ~4% off the 2022 peak, then stabilised. Demand is steady for move-in-ready units priced inside the comp band.
Median sale
$684k
▼ 4.1% YoY
Avg days on market
28
▲ steady
Sale-to-list
98.2%
▲ 1.3 pts
Subject Property
12–1853 Parkview Cres
A well-kept 3-bed townhome in a tightly-held Kelowna complex. Updated kitchen, double garage, and a south-facing patio.
Bedrooms
3
Bathrooms
3
Interior
1,587
Comparable Sales
Three same-complex comps bracket the price
The defensible band is $675k–$699,900. The recommendation anchors mid-band against the closest matches.
| Address | Beds | Sq ft | Sold | Result | Source |
|---|---|---|---|---|---|
| 7–1853 Parkview | 3 | 1,560 | $675,000 | Closest match | MLS® ↗ |
| 22–1853 Parkview | 3 | 1,612 | $699,900 | Upper band | MLS® ↗ |
| 4–1840 Parkview | 3 | 1,544 | $668,000 | Smaller | MLS® ↗ |
| 12–1853 Parkview (subject) | 3 | 1,587 | $679,000 | Recommended | MLS® ↗ |
Pricing Strategy
Anchor mid-band, hold the line
Listing at $679,000 sits just under the upper comp and above the closest match — priced to draw early traffic without leaving money on the table.
Buyer Attention Decay
The first 14 days do the heavy lifting
Buyer interest peaks in week one and fades fast. Pricing right out of the gate captures the spike instead of chasing it down later.
Next Steps
BK
Let's get 12–1853 Parkview on the market
Braden Koop · RE/MAX Kelowna · 100–1553 Harvey Ave
About this analysis
This Comparative Market Analysis is prepared for discussion purposes and reflects the market as of the generation date. It is based on publicly available comparable sales data, BC Assessment values where applicable, and the agent's professional analysis. It is not a formal appraisal and is not intended for legal, mortgage, or insurance purposes. MLS® and Multiple Listing Service® are trademarks owned by CREA.