The rent prices in real estate in Cordoba, in the Cebu 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 Cordoba has had a strong fall during the last 6 months. In July, the average price per m² was ₱ 367. In the following month the price per m² fell considerably to ₱ 214. The price for the following two months in (September, October) fell 92 % 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 ₱ 278.2 to ₱ 268.2 during November y December
When referring to the price in Cordoba (cities), this has fallen considerably in the last 6 months. The average price for July is ₱ 59,107. During August the price had a considerable fall till ₱ 19,160. During the following two months (September, October) the average price had a considerable fall of 57 % 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 showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 8 % more affordable than the average price of ₱ 39,073 in Cordoba. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 8 % more affordable than the average aforementioned.
With regard to the average prices per m² those properties with 1 bedroom are 6 % more expensive than the average price of (₱ 312 / m²) in Cordoba. Properties with the most expensive price when referring to the number of bedrooms / m² are those with 1 bedroom. They are 6 % more expensive than the average value aforementioned.
The graph displaying the average rent prices displays the property type "Commercial Lot" as the most affordable one. At an cost of ₱ 42,414 it is 23 % more affordable than the average price in Cordoba. "Farm House" is seen as the second most affordable property type. The most affordable property is "House" followed by "Farm House". At a price of ₱ 38,876 it is 8 % 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 ₱ 21 / m² followed by "Farm House" priced at ₱ 307 / m². "House" is the most expensive type of property with a ₱ 312 / m² value followed by "Farm House" with an average price of ₱ 307 / m².