The prices in real estate in Bacoor, in the Cavite region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per m² in Bacoor has increased during the last 6 months. In November, the average price per m² was ₱ 68,382. In the following month the price per m² decreased considerably to ₱ 45,351. The price for the following two months in (January, February) had a considerable increment of 135 %. The price per m² has had a considerable increase of 134 % 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 ₱ 66,908.25 to ₱ 89,792.5 during March, and April.
Based upon to the price in Bacoor (cities), this has gone up considerably in the last 6 months. The average price for November is ₱ 6,047,549. During December the price had a considerable reduction till ₱ 3,954,147. During the following two months (January, February) the average price had a considerable increase of 151 % 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 142 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of ₱ 8,651,780 they are 48 % more affordable than the average price for Bacoor. The properties with the highest average price have 4 bedrooms, Their price is 39 % more costly than the average. After that we have properties with 3 bedrooms priced at ₱ 7,745,737.
With regard to the average price per m² , those properties with 4 bedrooms are the cheapest ones at a cost of ₱ 71,131 / m², with an average ₱ 85,115 / m² price in Bacoor. The properties with the highest average prices have 1 bedroom. They are 102 % more expensive than the average followed by properties with 3 bedrooms with a price at ₱ 88,626 / m².
The graph displaying the average prices displays the property type "House And Lot" as the most affordable one. At an cost of ₱ 8,651,780 it is 54 % cheaper than the average price in Bacoor. "Lot" is seen as the second most affordable property type. The dearest property type is "House" followed by "Townhouse". At a price of ₱ 8,028,820 it is 2 % more expensive than the average price.
According to the average cost per m², the cheapest property type is "Lot" at an average cost of ₱ 51,941 / m² followed by "House And Lot" priced at ₱ 58,576 / m². "Condominium" is the most costly type of property with a ₱ 166,308 / m² cost followed by "Townhouse" with an average price of ₱ 91,809 / m².
