Property prices for sale in Cavite City (Cavite)

The prices in real estate in Cavite City, in the Cavite region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.

₱ 3,143,860.5
Average price last 6 months
₱ 32,141.33
Price/m² last 6 months
Average price per m2

The price per m² in Cavite City has had a strong decrease during the last 6 months. In July, the average price per m² was ₱ 36,900. In the following month the price per m² increased considerably to ₱ 60,996. The price for the following two months in (September, October) had a considerable decrease of 50 with regard to the prior two months. The price per m² has had a considerable deflation of 63 % 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 ₱ 36,596 to ₱ 23,232 during November, and December.

Average price

Based upon to the price in Cavite City (cities), this has gone downing the last 6 months. The average price during our first sample month during July, is ₱ 3,304,495. During August the price went through a considerable rise reaching ₱ 6,933,506. During the following two months (September, October) the average price had a considerable reduction of 46 % 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 ₱ 3,737,943 to ₱ 1,955,695.5, which means a 52 % fall.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the most costly ones. At a price of ₱ 1,896,940 they are 115 % more expensive than the average price for Cavite City. Following this ranking we find those properties with 2 at an average price of ₱ 4,944,365. The properties with the highest average price have 4 bedrooms, Their price is 924 % more costly than the average. After that we have properties with 3 bedrooms priced at ₱ 7,074,765.

With regard to the average price per m² , those properties with 3 bedrooms are the most costly ones at a cost of ₱ 73,462 / m², with an average ₱ 22,473 / m² price in Cavite City. The properties with the highest average prices have 1 bedroom. They are 612 % more expensive than the average followed by properties with 4 bedrooms with a price at ₱ 92,856 / m².

Price per property type

The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of ₱ 1,896,940 it is 24 % cheaper than the average price in Cavite City. "Lot" is seen as the second most affordable property type. The dearest property type is "Condominium" followed by "Townhouse". At a price of ₱ 3,408,570 it is 184 % more expensive than the average price.

According to the average cost per m², the cheapest property type is "Lot" at an average cost of ₱ 6,932 / m² followed by "Apartment" priced at ₱ 21,873 / m². "Condominium" is the most costly type of property with a ₱ 85,266 / m² cost followed by "Townhouse" with an average price of ₱ 62,094 / m².

Charts data
Average price December
Average price per m² December
Number of properties used in Cavite City
Number of properties used in region Cavite
₱ 1,896,940
₱ 22,473
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value