Pickering market report · August 2025
Pickering housing market: August 2025
Pickering housing market in August 2025: $913,648 average sale price (down 6.9% year over year), 99 homes sold, 3.4 months of supply — a balanced market. Figures from the Toronto Regional Real Estate Board.
What happened in Pickering in August 2025
Pickering recorded 99 sales in August 2025, 15.4% fewer than the same month a year earlier. Sellers brought 264 new listings to market, leaving 477 properties in inventory — 34.0% more than a year ago. At the month's pace of sales that is 3.4 months of supply, which puts Pickering in a balanced market. 39% of the month's new listings sold.
The average sale price across all property types was $913,648, down 6.9% year over year and down 6.0% on the month. Detached homes averaged $1,149,616 against $583,077 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 August 2025
By property type
| Type | Average sale price | YoY | Sold | New listings | Inventory |
|---|---|---|---|---|---|
| Detached | $1,149,616 | -7.3% | 49 | 137 | 261 |
| Semi-detached | $887,200 | +1.1% | 10 | 24 | 26 |
| Row / townhouse | $790,749 | -11.3% | 8 | 29 | 60 |
| Apartment | $583,077 | +6.4% | 13 | 33 | 57 |
| All types | $913,648 | -6.9% | 99 | 264 | 477 |
Source: the Toronto Regional Real Estate Board, Pickering, August 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.