The rent prices in real estate in Pavia, in the Iloilo 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 Pavia has had a strong fall during the last 6 months. In October, the average price per m² was ₱ 331. In the following month the price per m² fell considerably to ₱ 120. The price for the following two months in (December, January) had a considerable fall of 68 with regard to the previous two months. The price per m² has fallen 88 % 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 to ₱ 165.5 during February, and March.
When referring to the price in Pavia (cities), this has fallen considerably in the last 6 months. The average price for October is ₱ 15,604. During November the price had a considerable fall till ₱ 7,779. During the following two months (December, January) the average price had a considerable fall of 76 % 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 85 %, going from ₱ 10,263 to ₱ 8,772 in February and March.
The graph showing the average price for bedrooms displays the property with the most expensive price has 1 bedroom. It is 23 % more expensive than the average price of ₱ 9,380 in Pavia. Based on the bedrooms values, properties with the most expensive rent prices are those with 1 bedroom. They are 23 % more expensive than the average aforementioned.
With regard to the average prices per m² those properties with 1 bedroom are 8 % more affordable than the average price of (₱ 134 / m²) in Pavia. Properties with the most affordable price when referring to the number of bedrooms / m² are those with 1 bedroom. They are 8 % more affordable than the average value aforementioned.
With regard to the average price based on the property in Pavia we can see that the least affordable type of property is "House And Lot" at ₱ 9,380, which is 23 % more expensive than the average price. "House And Lot" has the most expensive price. This price is 23 % more expensive than the average price aforementioned.
According to the average area price by m² the most affordable property type is "House And Lot with an average cost of ₱ 134 / m². "House And Lot" with an average price of ₱ 134 / m² has the most affordable price and would be directed at less affluent cities.
