Pickering Real Estate Statistics

Pickering real estate average sold price in the last 30 days (March 24 - April 22) was $1,011,264, which is $24,876 (2.5%) lower than the average price of $1,036,140 in the previous 30 day period (February 23 - March 23), and $34,486 (3.4%) down from the same period 1 year ago ($1,045,750). Pickering real estate prices over the last 30 days are also $16,274 (1.6%) higher than the average selling price of $994,990 over the past year.

Pickering average sold price for homes was $1,235,681 in the last 30 days (March 24 - April 22), which is $57,135 (4.6%) down from the average home price of $1,292,816 in the previous 30 day period (February 23 - March 23), and $12,289 (1.0%) lower than the same period 1 year ago ($1,247,970). In the last 30 days Pickering the average home price was $26,645 (2.2%) higher than the average selling price of $1,209,036 over the last 12 months.

Average Pickering condo sold price over the last 30 days (March 24 - April 22) was $652,968. During this period it was $25,688 (3.9%) up from the average price of condo of $627,280 during the previous 30 days (February 23 - March 23), and $16,868 (2.6%) higher compared to the same period 1 year ago ($636,100). In the last 30 days Pickering the average condo price was $37,935 (5.8%) higher than the average selling price of $615,033 over the last year.

Average sold price of Pickering townhouse was $801,153 in the last 30 days (March 24 - April 22), down $46,452 (5.8%) from the average townhome price of $847,605 over the previous 30 days (February 23 - March 23), and $7,718 (1.0%) lower than during to the same period 1 year ago ($808,871). Over the last 30 days the average townhouse price in Pickering was $15,488 (1.9%) higher compared to the average selling price of $785,665 over the last 12 months.

Average selling price for Pickering real estate was $1,011,264 in the last 30 days (March 24 - April 22), which is collectively $20,498 (2.0%) higher than the average asking price of $1,035,756. This represents a decline of $759 (3.6%) compared to $21,257 (1.8%) Sold-Over-Asking price from the previous 30 day period (February 23 - March 23).

The maximum Sold Over/Under Asking ratio in Pickering during the last 12 months was recorded in May, 2023 with an average of $86,169 over the asking price, while the minimum occurring in December, 2023 with $19,400 below the asking price.

Sales to New Listings Ratio (SNLR) represents the number of sales in relation to new inventory listed over a period of time. SNLR for all property types in Pickering was 66.3% with 181 properties sold and 227 new properties listed in the past 30 days (March 24 - April 22). This represents an increase from 56.8% recorded during the previous 30 day period (February 23 - March 23), and a decrease from 80.2% compared to the same period one year ago.

Over the the last year the highest SNLR in Pickering was 130.4% recorded in December and the lowest was in October at 42.0%. SNLR of under 40% generally represents the Buyers' Market, while 60% and above - the Sellers' Market, with 40% to 60% range signaling a balanced market.

The Average Days on the Market (DOM) for 181 properties that were successfully sold in Pickering in the last 30 days (March 24 - April 22) was 13 days, which is 2 days less than 15 days average in the previous 30 day period (February 23 - March 23) and 1 days longer than during the same period a year ago (12 days).

There were 115 delisted properties in Pickering, those that got either Expired, Suspended or Terminated over the last 30 days (March 24 - April 22) with an average of 35 days on the market. This is 7 days shorter than the average of 42 days during the previous 30 day period (February 23 - March 23) and 13 days less compared to the same period last year average of 48 days on the market.

115 Pickering properties that didn't sell stayed on the market 169.2% longer than 181 that sucessfully sold over the last 30 days - 13 days when sold vs 35 days when delisted respectively.

Average Days on the Market in Pickering over the past 12 months for properties that have sold was 18.0 days, with 40.4 days for those properties that did not sell.

273 new properties were listed on the market in Pickering in the last 30 days (March 24 - April 22). During the same time 181 properties were sold and 115 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 23 properties (or 8.4%).

During the previous 30 day period (February 23 - March 23) there were 227 new properties listed, 129 sold and 80 properties that did not sell and were removed from the market.

Over the past year the busiest month for new listings was October with 276 new properties listed, the slowest - December with 69 new listings and a yearly average of 201 new listings per month.

There were a total of 142 homes listed during the last 30 days (March 24 - April 22), which is 52.0% of all properties listed in Pickering. This is a 27.9% increase compared with a previous 30 day period (February 23 - March 23) and 42.0% up from the same period a year ago. Over the past year an average of 112 homes are were listed per month.

42 condo units were listed in the last 30 days (March 24 - April 22) in Pickering, which represents 15.4% of all new listings. This is down 4.5% from the prior 30 day period (February 23 - March 23) and 75.0% more compared to the same period last year. There were 26 condos listed per month on average during the last 12 months.

89 townhomes were listed over the last 30 days (March 24 - April 22) in Pickering, which is 32.6% of all new real estate inventory. This is a 23.6% more than during the previous 30 day period (February 23 - March 23) and 134.2% increase compared to the same period a year ago. During the last year the average number of townhomes listed stood at 63 a month.

There were a total of 94 homes sold during the last 30 days (March 24 - April 22), which is 51.9% of all properties sold in Pickering. This is a 40.3% increase compared with a previous 30 day period (February 23 - March 23) and 20.5% up from the same period a year ago. Over the past year an average of 67 homes are were sold per month.

19 condo units were sold in the last 30 days (March 24 - April 22) in Pickering, which represents 10.5% of all sold properties. This is down 24.0% from the prior 30 day period (February 23 - March 23) and 5.0% less compared to the same period last year. There were 18 condos sold per month on average during the last 12 months.

68 townhomes were sold over the last 30 days (March 24 - April 22) in Pickering, which is 37.6% of all sold real estate. This is a 83.8% more than during the previous 30 day period (February 23 - March 23) and 112.5% increase compared to the same period a year ago. During the last year the average number of townhomes sold stood at 35 a month.