The prices in real estate in Angeles, in the Pampanga region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per m² in Angeles has fallen in the last 6 months. In January, the average price per m² was ₱ 62,522. In the following month the price per m² decreased considerably to ₱ 52,885. In the following two months the price per m² has barely changed, going from ₱ 57,703.5 to ₱ 54,956.5 per m². The price per m² has had a considerable increase of 116 % 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 ₱ 56,330 to ₱ 65,423.5 during May, and June.
Based upon to the price in Angeles (cities), this has gone downing the last 6 months. The average price for January is ₱ 9,584,717. During February the price had a considerable reduction till ₱ 7,026,553. In the following two months the average price has remained the same with regard to the previous two months from ₱ 8,305,635 to ₱ 8,696,444. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of ₱ 8,501,040 and ₱ 8,685,068 between May and June.
The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the cheapest ones. At a price of ₱ 8,361,504 they are 35 % more affordable than the average price for Angeles. The properties with the highest average price have 4 bedrooms, Their price is 14 % more costly than the average. After that we have properties with 2 bedrooms priced at ₱ 6,435,965.
With regard to the average price per m² , those properties with 3 bedrooms are the cheapest ones at a cost of ₱ 46,630 / m², with an average ₱ 69,304 / m² price in Angeles. The properties with the highest average prices have 1 bedroom. They are 100 % more expensive than the average followed by properties with 2 bedrooms with a price at ₱ 79,774 / m².
The graph displaying the average prices displays the property type "House" as the most costly one. At an cost of ₱ 8,361,504 it is 2 % more expensive than the average price in Angeles. "Condominium" is seen as the second dearest property type. The dearest property type is "Townhouse" followed by "House And Lot". At a price of ₱ 10,293,670 it is 148 % more expensive than the average price.
According to the average cost per m², the cheapest property type is "Townhouse" at an average cost of ₱ 39,223 / m² followed by "House And Lot" priced at ₱ 39,525 / m². "Condominium" is the most costly type of property with a ₱ 128,160 / m² cost followed by "House" with an average price of ₱ 48,614 / m².