Pickering Real Estate Statistics

Pickering real estate average sold price in the last 30 days (December 18 - January 16) was $960,693, which is $19,281 (2.0%) lower than the average price of $979,974 in the previous 30 day period (November 18 - December 17), and $3,678 (0.4%) down from the same period 1 year ago ($964,371). Pickering real estate prices over the last 30 days are also $21,839 (2.3%) lower than the average selling price of $982,532 over the past year.

Pickering average sold price for homes was $1,278,836 in the last 30 days (December 18 - January 16), which is $137,376 (10.7%) up from the average home price of $1,141,460 in the previous 30 day period (November 18 - December 17), and $96,608 (7.6%) higher than the same period 1 year ago ($1,182,228). In the last 30 days Pickering the average home price was $96,248 (7.5%) higher than the average selling price of $1,182,588 over the last 12 months.

Average Pickering condo sold price over the last 30 days (December 18 - January 16) was $620,363. During this period it was $1,937 (0.3%) down from the average price of condo of $622,300 during the previous 30 days (November 18 - December 17), and $34,613 (5.6%) higher compared to the same period 1 year ago ($585,750). In the last 30 days Pickering the average condo price was $20,606 (3.3%) higher than the average selling price of $599,757 over the last year.

Average sold price of Pickering townhouse was $749,596 in the last 30 days (December 18 - January 16), down $68,929 (9.2%) from the average townhome price of $818,525 over the previous 30 days (November 18 - December 17), and $48,364 (6.5%) lower than during to the same period 1 year ago ($797,960). Over the last 30 days the average townhouse price in Pickering was $42,019 (5.6%) lower compared to the average selling price of $791,615 over the last 12 months.

Average selling price for Pickering real estate was $960,693 in the last 30 days (December 18 - January 16), which is collectively $18,381 (1.7%) lower than the average asking price of $1,054,978. This represents a decline of $6,354 (52.8%) compared to $12,027 (1.2%) Sold-Under-Asking price from the previous 30 day period (November 18 - December 17).

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 January, 2024 with $18,020 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 79.2% with 76 properties sold and 155 new properties listed in the past 30 days (December 18 - January 16). This represents a decrease from 80.6% recorded during the previous 30 day period (November 18 - December 17), and a decrease from 95.7% 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 76 properties that were successfully sold in Pickering in the last 30 days (December 18 - January 16) was 41 days, which is 14 days more than 27 days average in the previous 30 day period (November 18 - December 17) and 6 days longer than during the same period a year ago (35 days).

There were 104 delisted properties in Pickering, those that got either Expired, Suspended or Terminated over the last 30 days (December 18 - January 16) with an average of 76 days on the market. This is 28 days longer than the average of 48 days during the previous 30 day period (November 18 - December 17) and 4 days more compared to the same period last year average of 72 days on the market.

104 Pickering properties that didn't sell stayed on the market 85.4% longer than 76 that sucessfully sold over the last 30 days - 41 days when sold vs 76 days when delisted respectively.

Average Days on the Market in Pickering over the past 12 months for properties that have sold was 20.6 days, with 46.1 days for those properties that did not sell.

96 new properties were listed on the market in Pickering in the last 30 days (December 18 - January 16). During the same time 76 properties were sold and 104 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 84 properties (or 87.5%).

During the previous 30 day period (November 18 - December 17) there were 155 new properties listed, 125 sold and 128 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 238 new listings per month.

There were a total of 51 homes listed during the last 30 days (December 18 - January 16), which is 53.1% of all properties listed in Pickering. This is a 38.6% decline compared with a previous 30 day period (November 18 - December 17) and 54.5% up from the same period a year ago. Over the past year an average of 127 homes are were listed per month.

22 condo units were listed in the last 30 days (December 18 - January 16) in Pickering, which represents 22.9% of all new listings. This is down 15.4% from the prior 30 day period (November 18 - December 17) and 120.0% more compared to the same period last year. There were 33 condos listed per month on average during the last 12 months.

23 townhomes were listed over the last 30 days (December 18 - January 16) in Pickering, which is 24.0% of all new real estate inventory. This is a 50.0% less than during the previous 30 day period (November 18 - December 17) and 11.5% 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 33 homes sold during the last 30 days (December 18 - January 16), which is 43.4% of all properties sold in Pickering. This is a 53.5% decline compared with a previous 30 day period (November 18 - December 17) and 0.0% down from the same period a year ago. Over the past year an average of 69 homes are were sold per month.

11 condo units were sold in the last 30 days (December 18 - January 16) in Pickering, which represents 14.5% of all sold properties. This is down 21.4% from the prior 30 day period (November 18 - December 17) and 37.5% more compared to the same period last year. There were 18 condos sold per month on average during the last 12 months.

32 townhomes were sold over the last 30 days (December 18 - January 16) in Pickering, which is 42.1% of all sold real estate. This is a 20.0% less than during the previous 30 day period (November 18 - December 17) and 28.0% increase compared to the same period a year ago. During the last year the average number of townhomes sold stood at 38 a month.