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 March, the average price per m² was ₱ 28,482. In April this price pretty much remained the same at a value of ₱ 28,414 per m². The price for the following two months in (May, June) decreased 94 % with regard to the prior two months. The price per m² has increased 113 % 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 ₱ 27,565 to ₱ 31,191.5 during July, and August.
Based upon to the price in Carcar (cities), this has gone up considerably in the last 6 months. In our first sample month during March, the average price is ₱ 1,279,710. In April This price remains at ₱ 1,287,287. During the following two months (May, June) the average price had a considerable increase of 146 % 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 gone up 114 % 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 ₱ 1,860,948 they are 44 % more affordable than the average price for Carcar. The properties with the highest average price have 4 bedrooms, Their price is 65 % more costly than the average. After that we have properties with 3 bedrooms priced at ₱ 1,859,950.
With regard to the average price per m² , those properties with 2 bedrooms are the cheapest ones at a cost of ₱ 27,481 / m², with an average ₱ 31,296 / m² price in Carcar. The properties with the highest average prices have 4 bedrooms. They are 19 % more expensive than the average followed by properties with 3 bedrooms with a price at ₱ 30,296 / m².
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of ₱ 1,860,948 it is 39 % cheaper than the average price in Carcar. "House And Lot" is seen as the second most affordable property type. The dearest property type is "House And Lot" followed by "Townhouse". At a price of ₱ 1,141,272 it is 26 % more expensive than the average price.
According to the average cost per m², the cheapest property type is "Townhouse" at an average cost of ₱ 27,338 / m² followed by "House And Lot" priced at ₱ 33,895 / m². "House And Lot" is the most costly type of property with a ₱ 33,895 / m² cost followed by "Townhouse" with an average price of ₱ 27,338 / m².