The rent prices in real estate in Consolacion, in the Cebu region have barely changed in the last couple of months. There have hardly been any changes in the rent prices in this city.
The price per m² in Consolacion has barely changed in the last 6 months. In December, the average price per m² was ₱ 246.29. In the following month the price per m² rose to ₱ 263.04. The price for the following two months in (February, March) had a considerable rise of 116 %. The price per m² has had a considerable fall of 80 % 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 ₱ 274.51 to ₱ 219.87 during April, and May.
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 December, is ₱ 44,500. During January the price went through a considerable rise reaching ₱ 51,750. During the following two months (February, March) the average price had a considerable rise of 117 % 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 115 % during the last two months.
The graph displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most affordable ones. At a price of ₱ 60,634 they are 64 % more affordable than the average price for Consolacion . The properties with the lowest average price have 4 bedrooms, Their price is 22 % more affordable than the average. After that we have properties with 3 bedrooms priced at ₱ 31,218.
With regard to the average price per m², those properties with 4 bedrooms are the most affordable ones at a cost of ₱ 191 / m², with an average ₱ 214.76 / m² price in Consolacion. The properties with the most expensive average prices have 1 bedroom. They are 238 % more expensive than the average followed by properties with 3 bedrooms with a price at ₱ 237 / m².
The graph displaying the average rent prices displays the property type "Townhouse" as the most affordable one. At an cost of ₱ 60,634 it is 24 % more affordable than the average price in Consolacion. "House" is seen as the second most affordable property type. The most affordable property is "House" followed by "Townhouse". At a price of ₱ 45,785 it is 22 % more affordable than the average price.
According to the average cost per m², the most affordable property is "Townhouse" at an average price of ₱ 166 / m² followed by "House" priced at ₱ 191 / m². "House" is the most affordable type of property with a ₱ 191 / m² value followed by "Townhouse" with an average price of ₱ 166 / m².