Pickering market report · February 2025
Pickering housing market: February 2025
Pickering housing market in February 2025: $942,815 average sale price (down 5.2% year over year), 86 homes sold, 2.8 months of supply — a balanced market. Figures from the Toronto Regional Real Estate Board.
What happened in Pickering in February 2025
Pickering recorded 86 sales in February 2025, 16.5% fewer than the same month a year earlier. Sellers brought 224 new listings to market, leaving 272 properties in inventory — 106.1% more than a year ago. At the month's pace of sales that is 2.8 months of supply, which puts Pickering in a balanced market. 43% of the month's new listings sold.
The average sale price across all property types was $942,815, down 5.2% year over year and down 0.8% on the month. Detached homes averaged $1,165,422 against $583,793 for condo apartments — the gap that decides which side of the $1.5 million insured-financing cap a purchase here falls on.
The two years to February 2025
By property type
| Type | Average sale price | YoY | Sold | New listings | Inventory |
|---|---|---|---|---|---|
| Detached | $1,165,422 | -7.4% | 40 | 113 | 138 |
| Semi-detached | $944,571 | +0.9% | 7 | 15 | 14 |
| Row / townhouse | $889,055 | -5.7% | 11 | 36 | 41 |
| Apartment | $583,793 | -4.3% | 15 | 28 | 40 |
| All types | $942,815 | -5.2% | 86 | 224 | 272 |
Source: the Toronto Regional Real Estate Board, Pickering, February 2025.
What this means if you're buying in Pickering
Market conditions shape the negotiation; your income, debts and the stress test decide what you can actually borrow. The north end runs into rural lending rules — well and septic, limited acreage valuation, and greenbelt restrictions that can affect what a property may be used for and therefore how it appraises. In the south, the newer condo supply near the GO station raises the same maintenance-fee point as Square One: a high monthly fee reduces borrowing capacity, because lenders count a share of it against you.
Read the full Pickering area guide, compare it with the wider GTA market, or run your numbers and start an application.
Buying in Pickering?
Get a real pre-approval before you shop — it's the difference between a budget and a guess.