The rent prices in real estate in Teresa, in the Rizal 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 Teresa has barely changed in the last 6 months. In August, the average price per m² was ₱ 264. In September this price barely changed remaining at ₱ 264 per m². In the following two months the price per m² has practically remained the same, going from ₱ 264 to ₱ 263.5 per m². 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 ₱ 263.75 to ₱ 263 during December y January
When referring to the price in Teresa (cities), this has fallen considerably in the last 6 months. In our first sample month during August, the average price is ₱ 8,223. In September This price remains at ₱ 8,223. During the following two months (October, November) the average price had a considerable fall of 50 % 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 ₱ 6,167.25 to ₱ 4,107, which means a 67 % fall.
The graph displaying the average rent price for bedrooms illustrates that those properties with 4 bedrooms are the most affordable ones. At a price of ₱ 8,214 they are 1 % more affordable than the average price for Teresa . The properties with the lowest average price have 1 bedroom, Their price is 0 % more affordable than the average. After that we have properties with 3 bedrooms priced at ₱ 8,169.
With regard to the average price per m², those properties with 4 bedrooms are the most affordable ones at a cost of ₱ 253 / m², with an average ₱ 263 / m² price in Teresa. The properties with the most affordable average prices have 1 bedroom. They are 1 % more affordable than the average followed by properties with 3 bedrooms with a price at ₱ 258 / m².
With regard to the average price based on the property in Teresa we can see that the most affordable type of property is "House And Lot" at ₱ 8,124, which is 1 % cheaper than the average price. "House And Lot" has the most affordable price. This price is 1 % more affordable 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 ₱ 253 / m². "House And Lot" with an average price of ₱ 253 / m² has the most affordable price and would be directed at less affluent cities.