Property prices for sale in Palakkad (Kerala)

The prices in real estate in Palakkad, in the Kerala region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.

₹ 58.19 lakhs
Average price last 6 months
₹ 3,226.5
Price/sq.foot last 6 months
Average price per sq.feet

The price per sq.foot in Palakkad has remained the same in the last 6 months. In December, the average price per sq.foot was ₹ 3,116. In January this price pretty much remained the same at a value of ₹ 3,195 per sq.foot. In the following two months the price per sq.foot has barely changed, going from ₹ 3,155.5 to ₹ 3,207.5 per sq.foot. The price per sq.foot has barely changed in the last two months compared to the average price of the previous four months going from an average price of ₹ 3,181.5 to ₹ 3,316.5 during April y May

Average price

Based upon to the price in Palakkad (cities), this has gone up considerably in the last 6 months. The price in December is ₹ 49.63 lakhs, rising in January till ₹ 55.21 lakhs. In the following two months the average price has remained the same with regard to the previous two months from ₹ 52.42 lakhs to ₹ 52.06 lakhs. Based on an analysis of the first four prices and the last two months the average price has risen strongly 134 % 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 ₹ 66.15 lakhs they are 74 % more affordable than the average price for Palakkad. The properties with the lowest average price have 4 BHK, Their price is 23 % cheaper than the average. After that we have properties with 3 BHK priced at ₹ 34.33 lakhs.

With regard to the average price per sq.foot , those properties with 2 BHK are the cheapest ones at a cost of ₹ 2,163 / sq.foot, with an average ₹ 3,199 / sq.foot price in Palakkad. The properties with the lowest average prices have 1 BHK. They are 12 % cheaper than the average followed by properties with 3 BHK with a price at ₹ 2,273 / 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 ₹ 66.15 lakhs it is 52 % cheaper than the average price in Palakkad. "Villa" is seen as the second most affordable property type. The dearest property type is "Commercial" followed by "Land". At a price of ₹ 57.22 lakhs it is 57 % more expensive than the average price.

According to the average cost per sq.foot, the cheapest property type is "Commercial" at an average cost of ₹ 450 / sq.foot followed by "House" priced at ₹ 2,219 / sq.foot. "Land" is the most costly type of property with a ₹ 2.98 lakhs / sq.foot cost followed by "Flat" with an average price of ₹ 2,922 / sq.foot.

Charts data
Average price May
Average price per sq.foot May
Number of properties used in Palakkad
Number of properties used in region Kerala
₹ 66.15 lakhs
₹ 3,199
748
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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