The prices in real estate in Cavite City, 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 Cavite City has remained the same in the last 6 months. In December, the average price per m² was ₱ 23,262. In the following month the price per m² decreased to ₱ 21,259. In the following two months the price per m² has increased 107 %, going from ₱ 22,260.5 to ₱ 23,868.5 per m². The price per m² has increased 108 % 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 ₱ 23,064.5 to ₱ 24,944 during April, and May.
Based upon to the price in Cavite City (cities), these have remained the same in the last 6 months. The average price for December is ₱ 2,445,506. During January the price had a slight fall till ₱ 2,115,275. In the following two months the average price has remained the same with regard to the previous two months from ₱ 2,280,390.5 to ₱ 2,380,599.5. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of ₱ 2,330,495 and ₱ 2,373,085.5 between April and May.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of ₱ 2,571,859 they are 24 % more affordable than the average price for Cavite City. The properties with the highest average price have 4 bedrooms, Their price is 167 % more costly than the average. After that we have properties with 3 bedrooms priced at ₱ 3,586,865.
With regard to the average price per m² , those properties with 2 bedrooms are the most costly ones at a cost of ₱ 36,457 / m², with an average ₱ 24,937 / m² price in Cavite City. The properties with the highest average prices have 1 bedroom. They are 297 % more expensive than the average followed by properties with 4 bedrooms with a price at ₱ 47,555 / m².
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of ₱ 2,571,859 it is 42 % cheaper than the average price in Cavite City. "Townhouse" is seen as the second most affordable property type. The dearest property type is "Commercial Lot" followed by "House". At a price of ₱ 3,205,913 it is 2551 % more expensive than the average price.
According to the average cost per m², the cheapest property type is "Lot" at an average cost of ₱ 6,674 / m² followed by "Apartment" priced at ₱ 21,566 / m². "Commercial Lot" is the most costly type of property with a ₱ 63,564 / m² cost followed by "Townhouse" with an average price of ₱ 30,092 / m².