Property prices for sale in Palakkad (Kerala)

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

₹ 49.92 lakhs
Average price last 6 months
₹ 2,816.67
Price/sq.foot last 6 months
Average price per sq.feet

The price per sq.foot in Palakkad has increased during the last 6 months. In November, the average price per sq.foot was ₹ 2,603. In December this price pretty much remained the same at a value of ₹ 2,661 per sq.foot. In the following two months the price per sq.foot has increased 111 %, going from ₹ 2,632 to ₹ 2,926.5 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 ₹ 2,779.25 to ₹ 2,891.5 during March y April

Average price

Based upon to the price in Palakkad (cities), this has gone up in the last 6 months. The average price for November is ₹ 47.91 lakhs. During December the price had a slight fall till ₹ 41.88 lakhs. During the following two months (January, February) the price has had an average incrementation from ₹ 44.89 lakhs to ₹ 48.92 lakhs. Based on an analysis of the first four prices and the last two months the average price has risen strongly 119 % 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 ₹ 59.38 lakhs they are 71 % more affordable than the average price for Palakkad. The properties with the lowest average price have 4 BHK, Their price is 13 % cheaper than the average. After that we have properties with 3 BHK priced at ₹ 34.61 lakhs.

With regard to the average price per sq.foot , those properties with 2 BHK are the cheapest ones at a cost of ₹ 2,187 / sq.foot, with an average ₹ 2,866 / sq.foot price in Palakkad. The properties with the lowest average prices have 1 BHK. They are 1 % cheaper than the average followed by properties with 3 BHK with a price at ₹ 2,297 / 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 ₹ 59.38 lakhs it is 46 % 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 ₹ 57.97 lakhs it is 77 % 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 ₹ 463 / sq.foot followed by "House" priced at ₹ 2,258 / sq.foot. "Land" is the most costly type of property with a ₹ 3.02 lakhs / sq.foot cost followed by "Flat" with an average price of ₹ 2,961 / sq.foot.

Charts data
Average price April
Average price per sq.foot April
Number of properties used in Palakkad
Number of properties used in region Kerala
₹ 59.38 lakhs
₹ 2,866
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value