The prices in real estate in Calamba, in the Laguna region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per m² in Calamba has remained the same in the last 6 months. In July, the average price per m² was ₱ 38,202. In August this price pretty much remained the same at a value of ₱ 38,355 per m². In the following two months the price per m² has barely changed, going from ₱ 38,278.5 to ₱ 37,721.5 per m². The price per m² has increased 114 % 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 ₱ 38,000 to ₱ 43,148 during November, and December.
Based upon to the price in Calamba (cities), these have remained the same in the last 6 months. In our first sample month during July, the average price is ₱ 3,367,388. In August This price remains at ₱ 3,455,012. During the following two months (September, October) the average price had a considerable reduction of 82 % 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 displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of ₱ 4,352,669 they are 64 % more affordable than the average price for Calamba. The properties with the highest average price have 3 bedrooms, Their price is 47 % more costly than the average. After that we have properties with 4 bedrooms priced at ₱ 6,303,749.
With regard to the average price per m² , those properties with 4 bedrooms are the cheapest ones at a cost of ₱ 43,282 / m², with an average ₱ 46,876 / m² price in Calamba. The properties with the highest average prices have 3 bedrooms. They are 14 % more expensive than the average followed by properties with 1 bedroom with a price at ₱ 49,916 / m².
The graph displaying the average prices displays the property type "Farm House" as the most affordable one. At an cost of ₱ 4,352,669 it is 17 % cheaper than the average price in Calamba. "Condominium" is seen as the second most affordable property type. The dearest property type is "House" followed by "Condominium". At a price of ₱ 3,645,124 it is 21 % more expensive than the average price.
According to the average cost per m², the cheapest property type is "Farm House" at an average cost of ₱ 39,513 / m² followed by "Condominium" priced at ₱ 39,713 / m². "House" is the most costly type of property with a ₱ 51,440 / m² cost followed by "Condominium" with an average price of ₱ 39,713 / m².
