The prices in real estate in Sargodha, 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 Sargodha has had a strong decrease during the last 6 months. In October, the average price per sq.feet was Rs. 44,647. In the following month the price per sq.feet decreased considerably to Rs. 25,476. The price for the following two months in (December, January) had a considerable decrease of 25 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 32 % 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. 21,993.5 to Rs. 7,045 during February, and March.
Based upon to the price in Sargodha (cities), this has fallen considerably in the last 6 months. In our first sample month during October, the average price is Rs. 91.97 lakhs. In November This price remains at Rs. 89.17 lakhs. During the following two months (December, January) the average price had a considerable reduction of 71 % 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. 77.24 lakhs to Rs. 57.32 lakhs, which means a 74 % fall.
The graph showing the average price for bedrooms displays the property with the most expensive price has 1 bedroom. It is 1 % more costly than the average price of Rs. 59.38 lakhs in Sargodha. Based on the bedrooms values, properties with the highest prices are those with 1 bedroom. They are 1 % more expensive than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 14 % cheaper than the average price of (Rs. 6,429 / sq.feet) in Sargodha. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 14 % cheaper than the average value aforementioned.
With regard to the average price based upon the property in Sargodha we can see that most expensive property type is "House" at a price of Rs. 59.38 lakhs, they are 1 % more costly than the average price of (!PRECIO2!). "House" has the highest price. This price is 1 % more expensive than the average price aforementioned.
According to the average area cost by sq.feet the cheapest property type is "House with an average price of Rs. 6,429 / sq.feet. "House" with an average cost of Rs. 6,429 / sq.feet has the lowest price and would be directed at less affluent cities.