Pickering Real Estate Statistics

Pickering real estate average sold price in the last 30 days (October 22 - November 20) was $974,769, which is $19,052 (2.0%) lower than the average price of $993,821 in the previous 30 day period (September 22 - October 21), and $19,193 (2.0%) up from the same period 1 year ago ($955,576). Pickering real estate prices over the last 30 days are also $7,704 (0.8%) lower than the average selling price of $982,473 over the past year.

Pickering average sold price for homes was $1,136,161 in the last 30 days (October 22 - November 20), which is $51,959 (4.6%) down from the average home price of $1,188,120 in the previous 30 day period (September 22 - October 21), and $16,839 (1.5%) higher than the same period 1 year ago ($1,119,322). In the last 30 days Pickering the average home price was $59,804 (5.3%) lower than the average selling price of $1,195,964 over the last 12 months.

Average Pickering condo sold price over the last 30 days (October 22 - November 20) was $630,118. During this period it was $54,797 (8.7%) up from the average price of condo of $575,321 during the previous 30 days (September 22 - October 21), and $29,791 (4.7%) lower compared to the same period 1 year ago ($659,909). In the last 30 days Pickering the average condo price was $32,861 (5.2%) higher than the average selling price of $597,257 over the last year.

Average sold price of Pickering townhouse was $798,087 in the last 30 days (October 22 - November 20), up $20,405 (2.6%) from the average townhome price of $777,682 over the previous 30 days (September 22 - October 21), and $72,506 (9.1%) higher than during to the same period 1 year ago ($725,581). Over the last 30 days the average townhouse price in Pickering was $15,188 (1.9%) higher compared to the average selling price of $782,899 over the last 12 months.

Average selling price for Pickering real estate was $974,769 in the last 30 days (October 22 - November 20), which is collectively $4,976 (0.5%) lower than the average asking price of $1,048,327. This represents a decline of $131 (2.7%) compared to $4,845 (0.5%) Sold-Under-Asking price from the previous 30 day period (September 22 - October 21).

The maximum Sold Over/Under Asking ratio in Pickering during the last 12 months was recorded in April, 2024 with an average of $23,419 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 64.3% with 157 properties sold and 251 new properties listed in the past 30 days (October 22 - November 20). This represents an increase from 54.2% recorded during the previous 30 day period (September 22 - October 21), and an increase from 51.2% 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 September at 32.6%. 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 157 properties that were successfully sold in Pickering in the last 30 days (October 22 - November 20) was 21 days, which is 3 days less than 24 days average in the previous 30 day period (September 22 - October 21) and 3 days longer than during the same period a year ago (18 days).

There were 177 delisted properties in Pickering, those that got either Expired, Suspended or Terminated over the last 30 days (October 22 - November 20) with an average of 46 days on the market. This is 5 days shorter than the average of 51 days during the previous 30 day period (September 22 - October 21) and 12 days more compared to the same period last year average of 34 days on the market.

177 Pickering properties that didn't sell stayed on the market 119.0% longer than 157 that sucessfully sold over the last 30 days - 21 days when sold vs 46 days when delisted respectively.

Average Days on the Market in Pickering over the past 12 months for properties that have sold was 20.2 days, with 45.9 days for those properties that did not sell.

244 new properties were listed on the market in Pickering in the last 30 days (October 22 - November 20). During the same time 157 properties were sold and 177 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 90 properties (or 36.9%).

During the previous 30 day period (September 22 - October 21) there were 251 new properties listed, 136 sold and 180 properties that did not sell and were removed from the market.

Over the past year the busiest month for new listings was June with 314 new properties listed, the slowest - December with 69 new listings and a yearly average of 234 new listings per month.

There were a total of 128 homes listed during the last 30 days (October 22 - November 20), which is 52.5% of all properties listed in Pickering. This is a 11.7% decline compared with a previous 30 day period (September 22 - October 21) and 19.6% up from the same period a year ago. Over the past year an average of 124 homes are were listed per month.

31 condo units were listed in the last 30 days (October 22 - November 20) in Pickering, which represents 12.7% of all new listings. This is up 34.8% from the prior 30 day period (September 22 - October 21) and 29.2% more compared to the same period last year. There were 31 condos listed per month on average during the last 12 months.

85 townhomes were listed over the last 30 days (October 22 - November 20) in Pickering, which is 34.8% of all new real estate inventory. This is a 2.4% more than during the previous 30 day period (September 22 - October 21) and 21.4% increase compared to the same period a year ago. During the last year the average number of townhomes listed stood at 78 a month.

There were a total of 90 homes sold during the last 30 days (October 22 - November 20), which is 57.3% of all properties sold in Pickering. This is a 12.5% increase compared with a previous 30 day period (September 22 - October 21) and 45.2% up from the same period a year ago. Over the past year an average of 66 homes are were sold per month.

16 condo units were sold in the last 30 days (October 22 - November 20) in Pickering, which represents 10.2% of all sold properties. This is down 5.9% from the prior 30 day period (September 22 - October 21) and 45.5% more compared to the same period last year. There were 18 condos sold per month on average during the last 12 months.

51 townhomes were sold over the last 30 days (October 22 - November 20) in Pickering, which is 32.5% of all sold real estate. This is a 30.8% more than during the previous 30 day period (September 22 - October 21) and 70.0% increase compared to the same period a year ago. During the last year the average number of townhomes sold stood at 36 a month.