The prices in real estate in Alcoy, in the Cebu region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per m² in Alcoy has remained the same in the last 6 months. In December, the average price per m² was ₱ 46,385. In January this price pretty much remained the same at a value of ₱ 46,350 per m². In the following two months the price per m² has barely changed, going from ₱ 46,367.5 to ₱ 46,751.5 per m². The price per m² has barely changed in the last two months compared to the average price of the previous four months going from an average price of ₱ 46,559.5 to ₱ 46,209.5 during April y May
Based upon to the price in Alcoy (cities), these have remained the same in the last 6 months. In our first sample month during December, the average price is ₱ 2,432,783. In January This price remains at ₱ 2,416,108. In the following two months the average price has remained the same with regard to the previous two months from ₱ 2,424,445.5 to ₱ 2,437,145. Based on an analysis of the first four prices and the last two months the average price has gone up 113 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of ₱ 2,731,679 they are 31 % more affordable than the average price for Alcoy. The properties with the highest average price have 4 bedrooms, Their price is 199 % more costly than the average. After that we have properties with 3 bedrooms priced at ₱ 3,285,294.
With regard to the average price per m² , those properties with 4 bedrooms are the cheapest ones at a cost of ₱ 37,730 / m², with an average ₱ 46,049 / m² price in Alcoy. The properties with the highest average prices have 1 bedroom. They are 9 % more expensive than the average followed by properties with 2 bedrooms with a price at ₱ 46,713 / m².
The graph displaying the average prices displays the property type "House" as the most costly one. At an cost of ₱ 2,731,679 it is 4 % more expensive than the average price in Alcoy. "Commercial Lot" is seen as the second dearest property type. The dearest property type is "Commercial Lot" followed by "House". At a price of ₱ 2,840,327 it is 197 % more expensive than the average price.
According to the average cost per m², the cheapest property type is "Commercial Lot" at an average cost of ₱ 42,075 / m² followed by "House" priced at ₱ 46,802 / m². "House" is the most costly type of property with a ₱ 46,802 / m² cost followed by "Commercial Lot" with an average price of ₱ 42,075 / m².