South Pickering really reflected what was going on in the GTA as a whole. Sales were down slightly and prices were up slightly.
The average price for 2007 in South Pickering was $287,998. The average price for a home for 2008 was $292,757.
The sales were down slightly over last year with 269 sales in 2007 and 232 sales in 2008.
The numbers for the month of December again reflected the market. The average price was down slightly from $264,179 to $260,286 and the number of sales was half—7 versus 14.
South Pickering covers the relatively small area of Pickering south of the 401, so understand that 7 sales doesn’t sound like a lot, but there were only 36 listings actively on the market at the time.
If you would like to hear about your neighbourhood—East Shore, West Shore, Rosebank—let me know.