Pickering Real Estate Statistics

Pickering real estate average sold price in the last 30 days (January 21 - February 19) was $925,763, which is $14,965 (1.6%) lower than the average price of $940,728 in the previous 30 day period (December 22 - January 20), and $11,040 (1.2%) up from the same period 1 year ago ($914,723). Pickering real estate prices over the last 30 days are also $56,228 (6.1%) lower than the average selling price of $981,991 over the past year.

Pickering average sold price for homes was $1,096,702 in the last 30 days (January 21 - February 19), which is $161,201 (14.7%) down from the average home price of $1,257,903 in the previous 30 day period (December 22 - January 20), and $26,811 (2.4%) lower than the same period 1 year ago ($1,123,513). In the last 30 days Pickering the average home price was $92,335 (8.4%) lower than the average selling price of $1,189,037 over the last 12 months.

Average Pickering condo sold price over the last 30 days (January 21 - February 19) was $595,666. During this period it was $19,606 (3.3%) down from the average price of condo of $615,272 during the previous 30 days (December 22 - January 20), and $2,416 (0.4%) higher compared to the same period 1 year ago ($593,250). In the last 30 days Pickering the average condo price was $4,994 (0.8%) lower than the average selling price of $600,660 over the last year.

Average sold price of Pickering townhouse was $776,869 in the last 30 days (January 21 - February 19), up $15,624 (2.0%) from the average townhome price of $761,245 over the previous 30 days (December 22 - January 20), and $21,387 (2.8%) lower than during to the same period 1 year ago ($798,256). Over the last 30 days the average townhouse price in Pickering was $13,265 (1.7%) lower compared to the average selling price of $790,134 over the last 12 months.

Average selling price for Pickering real estate was $925,763 in the last 30 days (January 21 - February 19), which is collectively $21,079 (2.0%) higher than the average asking price of $1,033,425. This represents an increase of $33,913 (264.2%) compared to $12,834 (1.2%) Sold-Under-Asking price from the previous 30 day period (December 22 - January 20).

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 September, 2024 with $14,242 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 44.4% with 87 properties sold and 111 new properties listed in the past 30 days (January 21 - February 19). This represents a decrease from 56.8% recorded during the previous 30 day period (December 22 - January 20), and a decrease from 55.2% compared to the same period one year ago.

Over the the last year the highest SNLR in Pickering was 97.8% 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 87 properties that were successfully sold in Pickering in the last 30 days (January 21 - February 19) was 17 days, which is 26 days less than 43 days average in the previous 30 day period (December 22 - January 20) and 9 days shorter than during the same period a year ago (26 days).

There were 92 delisted properties in Pickering, those that got either Expired, Suspended or Terminated over the last 30 days (January 21 - February 19) with an average of 56 days on the market. This is 20 days shorter than the average of 76 days during the previous 30 day period (December 22 - January 20) and 1 days less compared to the same period last year average of 57 days on the market.

92 Pickering properties that didn't sell stayed on the market 229.4% longer than 87 that sucessfully sold over the last 30 days - 17 days when sold vs 56 days when delisted respectively.

Average Days on the Market in Pickering over the past 12 months for properties that have sold was 20.0 days, with 45.9 days for those properties that did not sell.

196 new properties were listed on the market in Pickering in the last 30 days (January 21 - February 19). During the same time 87 properties were sold and 92 listings were removed from the market (Expired, Suspended or Terminated), which represents an increase in total inventory by 17 properties (or 8.7%).

During the previous 30 day period (December 22 - January 20) there were 111 new properties listed, 63 sold and 103 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 90 new listings and a yearly average of 243 new listings per month.

There were a total of 113 homes listed during the last 30 days (January 21 - February 19), which is 57.7% of all properties listed in Pickering. This is a 101.8% increase compared with a previous 30 day period (December 22 - January 20) and 66.2% up from the same period a year ago. Over the past year an average of 130 homes are were listed per month.

31 condo units were listed in the last 30 days (January 21 - February 19) in Pickering, which represents 15.8% of all new listings. This is up 14.8% from the prior 30 day period (December 22 - January 20) and 6.9% more compared to the same period last year. There were 34 condos listed per month on average during the last 12 months.

52 townhomes were listed over the last 30 days (January 21 - February 19) in Pickering, which is 26.5% of all new real estate inventory. This is a 85.7% more than during the previous 30 day period (December 22 - January 20) and 8.8% decrease compared to the same period a year ago. During the last year the average number of townhomes listed stood at 79 a month.

There were a total of 49 homes sold during the last 30 days (January 21 - February 19), which is 56.3% of all properties sold in Pickering. This is a 88.5% increase compared with a previous 30 day period (December 22 - January 20) and 28.9% up from the same period a year ago. Over the past year an average of 69 homes are were sold per month.

15 condo units were sold in the last 30 days (January 21 - February 19) in Pickering, which represents 17.2% of all sold properties. This is up 36.4% from the prior 30 day period (December 22 - January 20) and 25.0% more compared to the same period last year. There were 18 condos sold per month on average during the last 12 months.

23 townhomes were sold over the last 30 days (January 21 - February 19) in Pickering, which is 26.4% of all sold real estate. This is a 11.5% less than during the previous 30 day period (December 22 - January 20) and 34.3% decrease compared to the same period a year ago. During the last year the average number of townhomes sold stood at 38 a month.