Property prices for sale in Kannur (Kerala)

The prices in real estate in Kannur, in the Kerala region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city

₹ 75.52 lakhs
Average price last 6 months
₹ 23,825.33
Price/sq.foot last 6 months
Average price per sq.feet

The price per sq.foot in Kannur has fallen in the last 6 months. In August, the average price per sq.foot was ₹ 25,352. In the following month the price per sq.foot decreased considerably to ₹ 3,918. The price for the following two months in (October, November) had a considerable decrease of 27 with regard to the prior two months. The price per sq.foot has had a considerable increase of 570 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.foot of ₹ 9,283.25 to ₹ 52,909.5 during December, and January.

Average price

Based upon to the price in Kannur (cities), this has gone downing the last 6 months. The average price for August is ₹ 80.37 lakhs. During September the price had a considerable reduction till ₹ 64.65 lakhs. During the following two months (October, November) the average price fell 90 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 129 % during the last two months.

Average price per BHK

The graph displaying the average price for BHK illustrates that those properties with 1 BHK are the cheapest ones. At a price of ₹ 1.16 crores they are 74 % more affordable than the average price for Kannur. The properties with the lowest average price have 4 BHK, Their price is 28 % cheaper than the average. After that we have properties with 3 BHK priced at ₹ 58.57 lakhs.

With regard to the average price per sq.foot , those properties with 4 BHK are the cheapest ones at a cost of ₹ 3,723 / sq.foot, with an average ₹ 98,671 / sq.foot price in Kannur. The properties with the lowest average prices have 1 BHK. They are 95 % cheaper than the average followed by properties with 2 BHK with a price at ₹ 3,992 / sq.foot.

Price per property type

The graph displaying the average prices displays the property type "Flat" as the most affordable one. At an cost of ₹ 1.16 crores it is 55 % cheaper than the average price in Kannur. "Farm" is seen as the second most affordable property type. The cheapest type property is "Land" followed by "House". At a price of ₹ 77.22 lakhs it is 14 % more affordable than the average price.

According to the average cost per sq.foot, the cheapest property type is "Farm" at an average cost of ₹ 3,454 / sq.foot followed by "Villa" priced at ₹ 3,742 / sq.foot. "Land" is the cheapest type of property with a ₹ 76,541 / sq.foot value followed by "House" with an average price of ₹ 16,050 / sq.foot.

Charts data
Average price January
Average price per sq.foot January
Number of properties used in Kannur
Number of properties used in region Kerala
₹ 1.16 crores
₹ 98,671
842
21,572
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value