The rent prices in real estate in Butuan, in the Agusan Del Norte 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 Butuan has had a strong fall during the last 6 months. In October, the average price per m² was ₱ 318. In November this price barely changed remaining at ₱ 318 per m². The price for the following two months in (December, January) had a considerable fall of 50 with regard to the previous two months. The price per m² has had a considerable rise of 133 % 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 m² of ₱ 238.5 to ₱ 318 during February, and March.
When referring to the price in Butuan (cities), this has fallen considerably in the last 6 months. In our first sample month during October, the average price is ₱ 17,674. In November This price remains at ₱ 17,674. During the following two months (December, January) the average price had a considerable fall of 50 % 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 133 % during the last two months.
The graph displaying the average rent price for bedrooms illustrates that those properties with 4 bedrooms are the most expensive ones. At a price of ₱ 17,674 they are 13 % more expensive than the average price for Butuan. Following this ranking we find those properties with 2 at an average price of ₱ 20,118. The properties with the highest average price have 1 bedroom, Their price is 14 % more expensive than the average. After that we have properties with 2 bedrooms priced at ₱ 20,118.
With regard to the average price per m², those properties with 4 bedrooms are the most affordable ones at a cost of ₱ 298 / m², with an average ₱ 318 / m² price in Butuan. The properties with the most affordable average prices have 1 bedroom. They are 3 % more affordable than the average followed by properties with 2 bedrooms with a price at ₱ 303 / m².
The graph displaying the average rent prices displays the property type "House And Lot" as the most expensive one. At an cost of ₱ 17,674 it is 12 % more expensive than the average price in Butuan. "House" is seen as the second most expensive property type. The most expensive property type is "House" followed by "House And Lot". At a price of ₱ 19,812 it is 13 % more expensive than the average price.
According to the average cost per m², the most affordable property is "House And Lot" at an average price of ₱ 288 / m² followed by "House" priced at ₱ 298 / m². "House" is the most affordable type of property with a ₱ 298 / m² value followed by "House And Lot" with an average price of ₱ 288 / m².
