The rent prices in real estate in Davao, in the Davao City 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 Davao has fallen during the last 6 months. In October, the average price per m² was ₱ 436. In November this price barely changed remaining at ₱ 447.12 per m². The price for the following two months in (December, January) had a considerable fall of 83 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 ₱ 404.33 to ₱ 415.16 during February y March
When referring to the price in Davao (cities), this has risen considerably in the last 6 months. The average price during our first sample month during October, is ₱ 38,739. During November the price went through a considerable rise reaching ₱ 269,720. During the following two months (December, January) the average price had a considerable rise of 155 % with regard to the previous two months. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 90 %, going from ₱ 196,269.75 to ₱ 176,797 in February and March.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 95 % more affordable than the average price of ₱ 16,167 in Davao. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 95 % more affordable than the average aforementioned.
With regard to the average prices per m² those properties with 1 bedroom are 77 % more affordable than the average price of (₱ 132 / m²) in Davao. Properties with the most affordable price when referring to the number of bedrooms / m² are those with 1 bedroom. They are 77 % more affordable 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 ₱ 305,594 it is 95 % more affordable than the average price in Davao. "Lot" is seen as the second most affordable property type. The most affordable property is "Lot" followed by "Commercial Lot". At a price of ₱ 15,917 it is 95 % 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 ₱ 117 / m² followed by "Lot" priced at ₱ 132 / m². "Lot" is the most affordable type of property with a ₱ 132 / m² value followed by "Commercial Lot" with an average price of ₱ 117 / m².
