Pickering Town Centre
Pickering Town Centre

Pickering Town Centre Housing Market Report

Balanced Market

All types - for the month of February

Buyer's market Seller's market

5

Days of inventory (DOI)*

DOI in real estate tells you how long it would take to sell all the current homes on the market at the current sales pace if no new homes were listed. Typically, a DOI of 0-3 months indicates a seller's market, where homes are selling quickly and there are more buyers than available homes.

21

Days on market (DOM)*

DOM refers to Average Days on Market, which represents how long on average listings remain on the market before selling. DOM excludes listings that are pulled from the market without selling. A low DOM means it sold quickly, while a high DOM could mean it's overpriced or less in demand.

Total Active Listings*

34

New

23(-8.00% YoY)

Relisted

2(+100.00% YoY)

Compared to number of active, same period, in 2024: 25, in 2023: 13, in 2022: 5

Total Sold Listings*

7

Median Sold Price

$749,900

Avg Days on Market

21 days

Median Bidding

$100

Compared to number of sold, same period, in 2024: 16, in 2023: 17, in 2022: 25

*Data is for the month of February

Median Sold Price vs Average Days and Average Total Days on Market - Pickering Town Centre - All types

Sold vs Active vs New vs Relisted - Pickering Town Centre - All types

Sold Price Distribution - Pickering Town Centre - All types

Sold price distribution per the last 3 months's sold listings.

Property Type Distribution - Pickering Town Centre - All types

Property type distribution based on data from the last 3 months.

Median Price - Pickering Town Centre - All types

Population and Demographics

Overview

Total population 7360
Average household income $112,294

Age (%)

65 and plus
24%
20 to 34
20%
50 to 64
19%
0 to 19
19%
35 to 49
18%

Household composition (%)

Single family
62%
Single person
34%
Multi person
3%
Multi family
1%

Mother tongue (%)

English
79%
Others
4%
Urdu
4%
Tagalog (Pilipino, Filipino)
3%
Spanish
2%
Tamil
1%
French
1%
Arabic
1%

House tenancy (%)

Owners
77%
Renters
23%

Transportation

Car Friendly

5/5

Excellent access to freeways and major arteries, with a vast amount of parking nearby

Pedestrian Friendly

3/5

Few day-to-day needs are within walking distance

Transit Friendly

3/5

Transit is available for most trips

Shopping, Food and Nightlife

Cafes

3/5

Some cafés within walking distance

Groceries

4/5

At least one grocery store within a 15-minute walk

Nightlife

2/5

Few or no bars within walking distance

Shopping

3/5

Variety of shops within walking distance

Restaurants

3/5

Some restaurants within walking distance