The rent prices in real estate in Carcar, in the Cebu region have slightly fallen in the last couple of months. There has been a fall in the rent prices in this city.
The price per m² in Carcar has fallen during the last 6 months. In September, the average price per m² was ₱ 275. In the following month the price per m² fell considerably to ₱ 233. The price for the following two months in (November, December) fell 90 % with regard to the previous two months. The price per m² has risen 114 % 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 ₱ 240.75 to ₱ 274 during January, and February.
When referring to the price in Carcar (cities), this has fallen considerably in the last 6 months. The average price for September is ₱ 32,137. During October the price had a considerable fall till ₱ 9,627. In the following two months the average price has hardly changed with regard to the previous two months from ₱ 20,882 to ₱ 20,036. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 157 % during the last two months.
The graph displaying the average rent price for bedrooms illustrates that those properties with 4 bedrooms are the most affordable ones. At a price of ₱ 32,104 they are 0 % more affordable than the average price for Carcar . The properties with the lowest average price have 1 bedroom, Their price is 0 % more affordable than the average. After that we have properties with 4 bedrooms priced at ₱ 31,972.
With regard to the average price per m², those properties with 4 bedrooms are the most affordable ones at a cost of ₱ 270 / m², with an average ₱ 274 / m² price in Carcar. The properties with the most affordable average prices have 1 bedroom. They are 0 % more affordable than the average followed by properties with 4 bedrooms with a price at ₱ 270 / m².
The graph displaying the average rent prices displays the property type "Commercial Lot" as the most affordable one. At an cost of ₱ 32,104 it is 3 % more affordable than the average price in Carcar. "Lot" is seen as the second most affordable property type. The most affordable property is "House" followed by "Townhouse". At a price of ₱ 31,780 it is 0 % more affordable than the average price.
According to the average cost per m², the most affordable property is "Commercial Lot" at an average price of ₱ 243 / m² followed by "Lot" priced at ₱ 248 / m². "House" is the most affordable type of property with a ₱ 270 / m² value followed by "Townhouse" with an average price of ₱ 264 / m².