Property prices for sale in Kollam (Kerala)

The prices in real estate in Kollam, in the Kerala region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.

₹ 64.77 lakhs
Average price last 6 months
₹ 17,534.17
Price/sq.foot last 6 months
Average price per sq.feet

The price per sq.foot in Kollam has had a strong decrease during the last 6 months. In December, the average price per sq.foot was ₹ 46,319. In the following month the price per sq.foot decreased considerably to ₹ 3,275. The price for the following two months in (February, March) had a considerable decrease of 4 with regard to the prior two months. The price per sq.foot has had a considerable increase of 206 % 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 ₹ 12,951.25 to ₹ 26,700 during April, and May.

Average price

Based upon to the price in Kollam (cities), this has fallen considerably in the last 6 months. The average price during our first sample month during December, is ₹ 87.88 lakhs. During January the price went through a considerable rise reaching ₹ 1.04 crores. During the following two months (February, March) the average price had a considerable reduction of 33 % 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 gone up 106 % 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 ₹ 95.4 lakhs they are 70 % more affordable than the average price for Kollam. The properties with the lowest average price have 4 BHK, Their price is 7 % cheaper than the average. After that we have properties with 3 BHK priced at ₹ 53.05 lakhs.

With regard to the average price per sq.foot , those properties with 2 BHK are the cheapest ones at a cost of ₹ 3,025 / sq.foot, with an average ₹ 51,786 / sq.foot price in Kollam. The properties with the lowest average prices have 1 BHK. They are 87 % cheaper than the average followed by properties with 4 BHK with a price at ₹ 3,780 / sq.foot.

Price per property type

The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of ₹ 95.4 lakhs it is 62 % cheaper than the average price in Kollam. "Flat" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Villa". At a price of ₹ 54.71 lakhs it is 22 % more affordable than the average price.

According to the average cost per sq.foot, the cheapest property type is "Land" at an average cost of ₹ 2,443 / sq.foot followed by "Farm" priced at ₹ 2,806 / sq.foot. "House" is the cheapest type of property with a ₹ 21,902 / sq.foot value followed by "Flat" with an average price of ₹ 3,692 / sq.foot.

Charts data
Average price May
Average price per sq.foot May
Number of properties used in Kollam
Number of properties used in region Kerala
₹ 95.4 lakhs
₹ 51,786
244
5,852
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value
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