The prices in real estate in Carmona, in the Cavite 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 Carmona has remained the same in the last 6 months. In December, the average price per m² was ₱ 42,841. In the following month the price per m² decreased to ₱ 39,085. In the following two months the price per m² has barely changed, going from ₱ 40,963 to ₱ 41,174 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 ₱ 41,068.5 to ₱ 41,065.5 during April y May
Based upon to the price in Carmona (cities), this has fallen considerably in the last 6 months. In our first sample month during December, the average price is ₱ 5,650,582. In January This price remains at ₱ 5,494,264. During the following two months (February, March) the average price had a considerable reduction of 65 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from ₱ 4,593,156 to ₱ 3,579,554.5, which means a 78 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of ₱ 2,983,444 they are 61 % more affordable than the average price for Carmona. The properties with the lowest average price have 4 bedrooms, Their price is 12 % cheaper than the average. After that we have properties with 1 bedroom priced at ₱ 1,695,954.
With regard to the average price per m² , those properties with 1 bedroom are the cheapest ones at a cost of ₱ 21,207 / m², with an average ₱ 39,220 / m² price in Carmona. The properties with the lowest average prices have 4 bedrooms. They are 34 % cheaper than the average followed by properties with 2 bedrooms with a price at ₱ 25,396 / m².
The graph displaying the average prices displays the property type "House And Lot" as the most affordable one. At an cost of ₱ 2,983,444 it is 44 % 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 ₱ 2,568,748 it is 9 % 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 ₱ 24,480 / m² followed by "House" priced at ₱ 29,640 / m². "Lot" is the cheapest type of property with a ₱ 36,994 / m² value followed by "House" with an average price of ₱ 29,640 / m².
