The prices in real estate in Carcar, in the Cebu 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 Carcar has remained the same in the last 6 months. In July, the average price per m² was ₱ 33,867. In the following month the price per m² increased to ₱ 38,062. The price for the following two months in (September, October) decreased 93 % with regard to the prior two months. The price per m² has decreased 88 % 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 ₱ 34,770 to ₱ 30,680 during November, and December.
Based upon to the price in Carcar (cities), this has gone downing the last 6 months. In our first sample month during July, the average price is ₱ 1,847,419. In August This price remains at ₱ 1,854,860. During the following two months (September, October) the average price fell 89 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 93 %, going from ₱ 1,750,980.75 to ₱ 1,633,557 in November and December.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of ₱ 1,682,314 they are 32 % more affordable than the average price for Carcar. The properties with the highest average price have 4 bedrooms, Their price is 125 % more costly than the average. After that we have properties with 3 bedrooms priced at ₱ 2,518,842.
With regard to the average price per m² , those properties with 2 bedrooms are the most costly ones at a cost of ₱ 35,063 / m², with an average ₱ 30,481 / m² price in Carcar. The properties with the highest average prices have 3 bedrooms. They are 36 % more expensive than the average followed by properties with 1 bedroom with a price at ₱ 41,480 / m².
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of ₱ 1,682,314 it is 11 % cheaper than the average price in Carcar. "Lot" is seen as the second most affordable property type. The dearest property type is "House" followed by "Commercial Lot". At a price of ₱ 2,171,616 it is 43 % more expensive than the average price.
According to the average cost per m², the cheapest property type is "Lot" at an average cost of ₱ 7,679 / m² followed by "Commercial Lot" priced at ₱ 36,067 / m². "House" is the most costly type of property with a ₱ 40,202 / m² cost followed by "Townhouse" with an average price of ₱ 37,620 / m².