The prices in real estate in Bay, in the Laguna 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 Bay has increased strongly during the last 6 months. In January, the average price per m² was ₱ 13,002. In the following month the price per m² increased to ₱ 13,926. The price for the following two months in (March, April) had a considerable increment of 206 %. The price per m² has had a considerable increase of 144 % 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 ₱ 20,567.25 to ₱ 29,654.5 during May, and June.
Based upon to the price in Bay (cities), this has gone up considerably in the last 6 months. In our first sample month during January, the average price is ₱ 1,649,417. In February This price remains at ₱ 1,681,182. In the following two months the average price has remained the same with regard to the previous two months from ₱ 1,665,299.5 to ₱ 1,648,304.5. Based on an analysis of the first four prices and the last two months the average price has risen strongly 140 % 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 ₱ 2,515,985 in Bay. 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 (₱ 26,221 / m²) in Bay. 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 Bay we can see that the cheapest property type is "House" at a price of ₱ 2,515,985, they are 0 % more affordable than the average price of (!PRECIO2!). "House" 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 with an average price of ₱ 26,221 / m². "House" with an average cost of ₱ 26,221 / m² has the lowest price and would be directed at less affluent cities.