The prices in real estate in Carmona, in the Cavite 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 Carmona has fallen in the last 6 months. In May, the average price per m² was ₱ 30,687. In the following month the price per m² decreased to ₱ 26,312. In the following two months the price per m² has barely changed, going from ₱ 28,499.5 to ₱ 27,173.5 per m². 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 ₱ 27,836.5 to ₱ 27,842.5 during September y October
Based upon to the price in Carmona (cities), these have remained the same in the last 6 months. The average price for May is ₱ 2,728,157. During June the price had a considerable reduction till ₱ 2,079,876. During the following two months (July, August) the average price had a considerable reduction of 84 % 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 173 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of ₱ 4,503,676 they are 73 % more affordable than the average price for Carmona. The properties with the lowest average price have 4 bedrooms, Their price is 40 % cheaper than the average. After that we have properties with 1 bedroom priced at ₱ 1,728,512.
With regard to the average price per m² , those properties with 1 bedroom are the cheapest ones at a cost of ₱ 21,625 / m², with an average ₱ 27,648 / m² price in Carmona. The properties with the lowest average prices have 4 bedrooms. They are 4 % cheaper than the average followed by properties with 2 bedrooms with a price at ₱ 25,890 / m².
The graph displaying the average prices displays the property type "House And Lot" as the most affordable one. At an cost of ₱ 4,503,676 it is 62 % cheaper than the average price in Carmona. "Lot" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Lot". At a price of ₱ 2,618,055 it is 39 % more affordable than the average price.
According to the average cost per m², the cheapest property type is "House And Lot" at an average cost of ₱ 24,955 / m² followed by "House" priced at ₱ 30,217 / m². "Lot" is the most costly type of property with a ₱ 37,716 / m² cost followed by "House" with an average price of ₱ 30,217 / m².