The prices in real estate in Abbottabad, in the Khyber Pakhtunkhwa 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.
The price per sq.feet in Abbottabad has had a strong decrease during the last 6 months. In March, the average price per sq.feet was Rs. 6,270. In the following month the price per sq.feet increased considerably to Rs. 7,561. The price for the following two months in (May, June) decreased 89 % with regard to the prior two months. The price per sq.feet has had a considerable deflation of 51 % 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.feet of Rs. 6,520.75 to Rs. 3,301.5 during July, and August.
Based upon to the price in Abbottabad (cities), this has fallen considerably in the last 6 months. The average price for March is Rs. 2.2 crores. During April the price had a slight fall till Rs. 1.9 crores. During the following two months (May, June) the average price fell 88 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from Rs. 1.92 crores to Rs. 96.47 lakhs, which means a 50 % fall.