The prices in real estate in Murree, in the Punjab region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.
The price per sq.feet in Murree has increased strongly during the last 6 months. In April, the average price per sq.feet was Rs. 6,172. In May this price pretty much remained the same at a value of Rs. 6,262 per sq.feet. The price for the following two months in (June, July) had a considerable increment of 815 %. The price per sq.feet has had a considerable increase of 1365 % 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. 28,430.25 to Rs. 3.88 lakhs during August, and September.
Based upon to the price in Murree (cities), this has gone up in the last 6 months. The average price for April is Rs. 1.47 crores. During May the price had a considerable reduction till Rs. 1.08 crores. During the following two months (June, July) the average price had a considerable increase of 131 % 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 risen strongly 119 % during the last two months.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 0 % cheaper than the average price of Rs. 1.75 crores in Murree. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 0 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 0 % cheaper than the average price of (Rs. 6.81 lakhs / sq.feet) in Murree. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 0 % cheaper than the average value aforementioned.
With regard to the average price based upon the property in Murree we can see that the cheapest property type is "Residential Plot" at a price of Rs. 1.75 crores, they are 0 % more affordable than the average price of (!PRECIO2!). "Residential Plot" has the lowest price. This price is 0 % more affordable than the average price aforementioned.
According to the average area cost by sq.feet the cheapest property type is "Residential Plot with an average price of Rs. 6.81 lakhs / sq.feet. "Residential Plot" with an average cost of Rs. 6.81 lakhs / sq.feet has the lowest price and would be directed at less affluent cities.