Property prices for sale in Baguio (Benguet)

The prices in real estate in Baguio, in the Benguet 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.

₱ 12,460,383.17
Average price last 6 months
₱ 162,090.67
Price/m² last 6 months
Average price per m2

The price per m² in Baguio has increased strongly during the last 6 months. In September, the average price per m² was ₱ 54,360. In October this price pretty much remained the same at a value of ₱ 56,298 per m². The price for the following two months in (November, December) had a considerable increment of 289 %. The price per m² has had a considerable increase of 252 % 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 ₱ 107,520 to ₱ 271,232 during January, and February.

Average price

Based upon to the price in Baguio (cities), this has gone up considerably in the last 6 months. The price in September is ₱ 10,253,415, rising in October till ₱ 10,964,394. During the following two months (November, December) the average price had a considerable increase of 116 % 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 126 % during the last two months.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the cheapest ones. At a price of ₱ 14,629,109 they are 10 % more affordable than the average price for Baguio. The properties with the highest average price have 1 bedroom, Their price is 22 % more costly than the average. After that we have properties with 2 bedrooms priced at ₱ 17,230,588.

With regard to the average price per m² , those properties with 4 bedrooms are the cheapest ones at a cost of ₱ 76,138 / m², with an average ₱ 284,817 / m² price in Baguio. The properties with the highest average prices have 1 bedroom. They are 37 % more expensive than the average followed by properties with 2 bedrooms with a price at ₱ 236,059 / m².

Price per property type

The graph displaying the average prices displays the property type "Condominium" as the most affordable one. At an cost of ₱ 14,629,109 it is 84 % cheaper than the average price in Baguio. "Townhouse" is seen as the second most affordable property type. The dearest property type is "Commercial Lot" followed by "Apartment". At a price of ₱ 20,252,119 it is 461 % more expensive than the average price.

According to the average cost per m², the cheapest property type is "Lot" at an average cost of ₱ 21,651 / m² followed by "Apartment" priced at ₱ 51,794 / m². "Townhouse" is the cheapest type of property with a ₱ 81,787 / m² value followed by "Condominium" with an average price of ₱ 78,831 / m².

Charts data
Average price February
Average price per m² February
Number of properties used in Baguio
Number of properties used in region Benguet
₱ 14,629,109
₱ 284,817
760
982
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value
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