The prices in real estate in Jhelum, in the Punjab 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 Jhelum has had a strong decrease during the last 6 months. In November, the average price per sq.feet was Rs. 23,726. In the following month the price per sq.feet increased to Rs. 25,490. The price for the following two months in (January, February) decreased 90 % 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. 23,332.25 to Rs. 12,010.5 during March, and April.
Based upon to the price in Jhelum (cities), these have remained the same in the last 6 months. The average price during our first sample month during November, is Rs. 1.31 crores. During December the price went through a considerable rise reaching Rs. 2.15 crores. During the following two months (January, February) the average price had a considerable reduction of 54 % with regard to the previous two months. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of Rs. 1.33 crores and Rs. 1.34 crores between March and April.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 61 % cheaper than the average price of Rs. 90.05 lakhs in Jhelum. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 61 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 167 % more costly than the average price of (Rs. 33,740 / sq.feet) in Jhelum. Properties with the most expensive price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 167 % more costly than the average value aforementioned.
With regard to the average price based upon the property in Jhelum we can see that the cheapest property type is "House" at a price of Rs. 90.05 lakhs, they are 61 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 61 % more affordable than the average price aforementioned.
According to the average area price by sq.feet the most costly property type is "House with an average price of Rs. 33,740 / sq.feet. "House" at an average price of Rs. 33,740 / sq.feet has the most expensive price and would be directed at more affluent cities.