Pickering market report · March 2025
Pickering housing market: March 2025
Pickering housing market in March 2025: $964,971 average sale price (down 7.9% year over year), 108 homes sold, 2.9 months of supply — a balanced market. Figures from the Toronto Regional Real Estate Board.
What happened in Pickering in March 2025
Pickering recorded 108 sales in March 2025, 9.2% fewer than the same month a year earlier. Sellers brought 341 new listings to market, leaving 356 properties in inventory — 122.5% more than a year ago. At the month's pace of sales that is 2.9 months of supply, which puts Pickering in a balanced market. 41% of the month's new listings sold.
The average sale price across all property types was $964,971, down 7.9% year over year and up 2.3% on the month. Detached homes averaged $1,227,942 against $609,732 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 March 2025
By property type
| Type | Average sale price | YoY | Sold | New listings | Inventory |
|---|---|---|---|---|---|
| Detached | $1,227,942 | -13.2% | 49 | 158 | 173 |
| Semi-detached | $878,071 | -6.8% | 14 | 23 | 20 |
| Row / townhouse | $849,921 | -5.8% | 12 | 50 | 56 |
| Apartment | $609,732 | -4.1% | 19 | 60 | 59 |
| All types | $964,971 | -7.9% | 108 | 341 | 356 |
Source: the Toronto Regional Real Estate Board, Pickering, March 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.