The rent prices in real estate in Consolacion, in the Cebu region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.
The price per m² in Consolacion has risen strongly during the last 6 months. In March, the average price per m² was ₱ 155.57. In the following month the price per m² rose to ₱ 177.95. The price for the following two months in (May, June) had a considerable rise of 127 %. The price per m² has had a considerable rise of 137 % 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 ₱ 189.64 to ₱ 259.25 during July, and August.
When referring to the price in Consolacion (cities), this has risen considerably in the last 6 months. The average price during our first sample month during March, is ₱ 50,200. During April the price went through a considerable rise reaching ₱ 71,200. During the following two months (May, June) the average price had a considerable rise of 160 % with regard to the previous two months. During the last two months the average price has fallen greatly compared to the previous four going from ₱ 78,937.5 to ₱ 52,953, which means a 67 % fall.
The graph displaying the average rent price for bedrooms illustrates that those properties with 2 bedrooms are the most expensive ones. At a price of ₱ 33,950 they are 40 % more expensive than the average price for Consolacion. Following this ranking we find those properties with 1 at an average price of ₱ 66,933. The properties with the highest average price have 1 bedroom, Their price is 97 % more expensive than the average. After that we have properties with 2 bedrooms priced at ₱ 47,622.
With regard to the average price per m², those properties with 2 bedrooms are the most affordable ones at a cost of ₱ 195 / m², with an average ₱ 280.59 / m² price in Consolacion. The properties with the most expensive average prices have 1 bedroom. They are 55 % more expensive than the average followed by properties with 2 bedrooms with a price at ₱ 195 / m².
The graph displaying the average rent prices displays the property type "Townhouse" as the most expensive one. At an cost of ₱ 33,950 it is 36 % more expensive than the average price in Consolacion. "House" is seen as the second most expensive property type. The most expensive property type is "House" followed by "Townhouse". At a price of ₱ 46,204 it is 40 % more expensive than the average price.
According to the average cost per m², the most affordable property is "Townhouse" at an average price of ₱ 175 / m² followed by "House" priced at ₱ 195 / m². "House" is the most affordable type of property with a ₱ 195 / m² value followed by "Townhouse" with an average price of ₱ 175 / m².