The prices in real estate in Binangonan, in the Rizal 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 Binangonan has fallen in the last 6 months. In August, the average price per m² was ₱ 35,479. In September this price pretty much remained the same at a value of ₱ 34,281 per m². The price for the following two months in (October, November) decreased 94 % with regard to the prior two months. The price per m² has barely changed in the last two months compared to the average price of the previous four months going from an average price of ₱ 33,872.25 to ₱ 32,264.5 during December y January
Based upon to the price in Binangonan (cities), these have remained the same in the last 6 months. The price in August is ₱ 2,400,438, rising in September till ₱ 2,542,960. In the following two months the average price has remained the same with regard to the previous two months from ₱ 2,471,699 to ₱ 2,437,325. 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 ₱ 2,454,512 and ₱ 2,440,488.5 between December and January.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of ₱ 2,484,109 they are 19 % more affordable than the average price for Binangonan. The properties with the highest average price have 4 bedrooms, Their price is 58 % more costly than the average. After that we have properties with 1 bedroom priced at ₱ 2,618,088.
With regard to the average price per m² , those properties with 1 bedroom are the cheapest ones at a cost of ₱ 15,109 / m², with an average ₱ 32,228 / m² price in Binangonan. The properties with the highest average prices have 4 bedrooms. They are 34 % more expensive than the average followed by properties with 2 bedrooms with a price at ₱ 36,423 / m².
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of ₱ 2,484,109 it is 5 % cheaper than the average price in Binangonan. "Townhouse" is seen as the second most affordable property type. The dearest property type is "Farm House" followed by "Townhouse". At a price of ₱ 2,661,997 it is 8 % more expensive than the average price.
According to the average cost per m², the most expensive property type would be "House" at an average cost of ₱ 32,391 / m² followed by "Townhouse" priced at ₱ 39,845 / m². "Farm House" is the most costly type of property with a ₱ 41,208 / m² cost followed by "Townhouse" with an average price of ₱ 39,845 / m².
