The prices in real estate in Bacolod City, in the Bacolod City region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.
The price per m² in Bacolod City has increased strongly during the last 6 months. In January, the average price per m² was ₱ 3,325. In the following month the price per m² increased considerably to ₱ 15,891. The price for the following two months in (March, April) had a considerable increment of 393 %. The price per m² has had a considerable increase of 172 % 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 ₱ 23,698.75 to ₱ 40,650.5 during May, and June.
Based upon to the price in Bacolod City (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during January, is ₱ 2,637,407. During February the price went through a considerable rise reaching ₱ 4,467,600. During the following two months (March, April) the average price had a considerable increase of 239 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 121 % during the last two months.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 0 % cheaper than the average price of ₱ 6,241,000 in Bacolod City. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 0 % more affordable than the average aforementioned.
With regard to the average prices per m² those properties with 1 bedroom are 0 % cheaper than the average price of (₱ 25,975 / m²) in Bacolod City. Properties with the most affordable price based upon to the number of bedrooms / m² are those with 1 bedroom. They are 0 % cheaper than the average value aforementioned.
With regard to the average price based upon the property in Bacolod City we can see that the cheapest property type is "House And Lot" at a price of ₱ 6,241,000, they are 0 % more affordable than the average price of (!PRECIO2!). "House And Lot" has the lowest price. This price is 0 % more affordable than the average price aforementioned.
According to the average area cost by m² the cheapest property type is "House And Lot with an average price of ₱ 25,975 / m². "House And Lot" with an average cost of ₱ 25,975 / m² has the lowest price and would be directed at less affluent cities.