The prices in real estate in Cebu City, 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 Cebu City has remained the same in the last 6 months. In July, the average price per m² was ₱ 79,387. In the following month the price per m² decreased considerably to ₱ 62,424. In the following two months the price per m² has increased 108 %, going from ₱ 70,905.5 to ₱ 76,674 per m². The price per m² has had a considerable increase of 119 % 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 ₱ 73,789.75 to ₱ 88,076.5 during November, and December.
Based upon to the price in Cebu City (cities), these have remained the same in the last 6 months. The price in July is ₱ 9,783,674, rising in August till ₱ 10,504,292. In the following two months the average price has remained the same with regard to the previous two months from ₱ 10,143,983 to ₱ 9,828,016. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 94 %, going from ₱ 9,986,000 to ₱ 9,364,204 in November and December.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 0 % cheaper than the average price of ₱ 9,484,240 in Cebu City. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 0 % more affordable than the average aforementioned.
With regard to the average prices per m² those properties with 1 bedroom are 0 % cheaper than the average price of (₱ 88,244 / m²) in Cebu City. Properties with the most affordable price based upon to the number of bedrooms / m² are those with 1 bedroom. They are 0 % cheaper than the average value aforementioned.
With regard to the average price based upon the property in Cebu City we can see that the cheapest property type is "House And Lot" at a price of ₱ 9,484,240, they are 0 % more affordable than the average price of (!PRECIO2!). "House And Lot" has the lowest price. This price is 0 % more affordable than the average price aforementioned.
According to the average area cost by m² the cheapest property type is "House And Lot with an average price of ₱ 88,244 / m². "House And Lot" with an average cost of ₱ 88,244 / m² has the lowest price and would be directed at less affluent cities.