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Pickering, ON

Updated: Aug 2016
House
Median price $628,400
Monthly growth
Quarterly trend
Stock on market 0.42%
Apartment
Median price $304,950
Monthly growth
Quarterly trend
Stock on market 0.03%

Pickering Home Price

Across the country as a whole, Pickering is in the top 20% when all of Canada’s suburbs are listed in order of real estate listing prices.

While the median for Ontario is $349,900 , which means that Pickering’s median price is $628,400 considerably better than the rest of the province.

Pickering’s most common listing this month is 3 bedroom properties, less than province’s most common offering of 3 bedrooms.

According to our stats, Pickering is the neighbourhood that has the 72th most properties available to real estate investors in Ontario.

Will prices rise across the next year in in Pickering? There are a number of real estate indicators to consider.

It’s always hard to tell what property prices will do over the coming months, but over the last three months the properties available for purchase in Pickering have dried up which would tend to indicate that demand is higher than the supply of new properties.

Pickering, Ontario has a median house price of $304,950 when compiling all the home listings in Aug .

3 bedroom properties are the most common available for real estate investors this month in neighbourhood.

If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Pickering has more than the average number to choose from compared to the rest of the province

It’s never an exact art, but to try to forecast how property is going to appreciate in Pickering for investors, it’s important to look at data like:

Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Pickering there is less stock than three months ago. This would indicate home price pressure increasing as housing stock availability drops.

Beds Median price (House) Median price (Apartment)
2 bedrooms $359,900 $302,400
3 bedrooms $494,700 $289,950
4 bedrooms $822,450
5 bedrooms $1,500,000
Demographics
  • Population in 201188721
  • Population in 200687838
  • 2006 to 2011 population change (%)1
  • Total private dwellings29875
  • Private dwellings occupied by usual residents29330
  • Population density per square kilometre383.1
  • Land area (square km)231.59