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 July, the average price per m² was ₱ 36,096. In the following month the price per m² decreased to ₱ 33,797. The price for the following two months in (September, October) decreased 95 % with regard to the prior two months. The price per m² has increased 111 % 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 ₱ 33,991.25 to ₱ 37,837.5 during November, and December.
Based upon to the price in Alcoy (cities), this has gone downing the last 6 months. The average price for July is ₱ 2,928,172. During August the price had a considerable reduction till ₱ 2,133,208. In the following two months the average price has remained the same with regard to the previous two months from ₱ 2,530,690 to ₱ 2,416,391. Based on an analysis of the first four prices and the last two months the average price has risen strongly 128 % 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 ₱ 3,200,970 they are 63 % more affordable than the average price for Alcoy. The properties with the highest average price have 3 bedrooms, Their price is 34 % more costly than the average. After that we have properties with 4 bedrooms priced at ₱ 3,253,618.
With regard to the average price per m² , those properties with 1 bedroom are the cheapest ones at a cost of ₱ 34,855 / m², with an average ₱ 39,348 / m² price in Alcoy. The properties with the highest average prices have 3 bedrooms. They are 12 % more expensive than the average followed by properties with 2 bedrooms with a price at ₱ 38,099 / m².
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of ₱ 3,200,970 it is 28 % cheaper than the average price in Alcoy. "Commercial Lot" is seen as the second most affordable property type. The dearest property type is "Commercial Lot" followed by "House". At a price of ₱ 2,291,185 it is 158 % more expensive than the average price.
According to the average cost per m², the cheapest property type is "House" at an average cost of ₱ 34,159 / m² followed by "Commercial Lot" priced at ₱ 42,806 / m². "Commercial Lot" is the most costly type of property with a ₱ 42,806 / m² cost followed by "House" with an average price of ₱ 34,159 / m².