The rent prices in real estate in Cordova, 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 Cordova has risen strongly during the last 6 months. In April, the average price per m² was ₱ 287. In the following month the price per m² fell to ₱ 259. The price for the following two months in (June, July) had a considerable rise of 126 %. The price per m² has had a considerable rise of 128 % 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 ₱ 309 to ₱ 394.5 during August, and September.
When referring to the price in Cordova (cities), this has fallen considerably in the last 6 months. The average price for April is ₱ 31,872. During May the price had a considerable fall till ₱ 20,687. During the following two months (June, July) the average price fell 92 % 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 ₱ 25,269.75 to ₱ 18,465.5, which means a 73 % fall.
The graph showing the average price for bedrooms displays the property with the most expensive price has 1 bedroom. It is 34 % more expensive than the average price of ₱ 23,187 in Cordova. Based on the bedrooms values, properties with the most expensive rent prices are those with 1 bedroom. They are 34 % more expensive than the average aforementioned.
With regard to the average prices per m² those properties with 1 bedroom are 7 % more affordable than the average price of (₱ 363 / m²) in Cordova. Properties with the most affordable price when referring to the number of bedrooms / m² are those with 1 bedroom. They are 7 % more affordable than the average value aforementioned.
The graph displaying the average rent prices displays the property type "Lot" as the most expensive one. At an cost of ₱ 17,261 it is 23 % more expensive than the average price in Cordova. "House And Lot" is seen as the second most expensive property type. The most expensive property type is "Condominium" followed by "House And Lot". At a price of ₱ 23,187 it is 81 % more expensive than the average price.
According to the average cost per m², the most affordable property is "Lot" at an average price of ₱ 203 / m² followed by "Condominium" priced at ₱ 309 / m². "House And Lot" is the most affordable type of property with a ₱ 363 / m² value followed by "Condominium" with an average price of ₱ 309 / m².