The rent prices in real estate in Bacoor, in the Cavite region have fallen considerably in the last couple of months. There has been a strong fall in the rent prices in this city.
The price per m² in Bacoor has had a strong fall during the last 6 months. In December, the average price per m² was ₱ 508.54. In the following month the price per m² fell considerably to ₱ 375.67. The price for the following two months in (February, March) had a considerable fall of 81 with regard to the previous two months. The price per m² has hardly changed in the last two months compared to the average price of the previous four months going from an average price of ₱ 399.25 to ₱ 408.77 during April y May
When referring to the price in Bacoor (cities), this has risen considerably in the last 6 months. The average price for December is ₱ 36,000. During January the price had a slight fall till ₱ 33,750. During the following two months (February, March) the average price had a considerable rise of 176 % 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 had a strong increase of 136 % during the last two months.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 46 % more affordable than the average price of ₱ 31,205 in Bacoor. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 46 % more affordable than the average aforementioned.
With regard to the average prices per m² those properties with 1 bedroom are 59 % more affordable than the average price of (₱ 178 / m²) in Bacoor. Properties with the most affordable price when referring to the number of bedrooms / m² are those with 1 bedroom. They are 59 % more affordable than the average value aforementioned.
The graph displaying the average rent prices displays the property type "House" as the most affordable one. At an cost of ₱ 58,000 it is 46 % more affordable than the average price in Bacoor. "Lot" is seen as the second most affordable property type. The most affordable property is "Condominium" followed by "Townhouse". At a price of ₱ 32,115 it is 44 % more affordable than the average price.
According to the average cost per m², the most affordable property is "House" at an average price of ₱ 178 / m² followed by "Lot" priced at ₱ 196 / m². "Condominium" is the most affordable type of property with a ₱ 226 / m² value followed by "Townhouse" with an average price of ₱ 221 / m².