The prices in real estate in Consolacion, in the Cebu region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per m² in Consolacion has increased during the last 6 months. In July, the average price per m² was ₱ 45,949. In August this price pretty much remained the same at a value of ₱ 46,046 per m². In the following two months the price per m² has barely changed, going from ₱ 45,997.5 to ₱ 47,316 per m². The price per m² has increased 112 % 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 ₱ 46,656.75 to ₱ 52,223 during November, and December.
Based upon to the price in Consolacion (cities), this has gone up considerably in the last 6 months. The price in July is ₱ 7,017,711, rising in August till ₱ 7,652,805. During the following two months (September, October) the price has had an average incrementation from ₱ 7,335,258 to ₱ 8,288,945. Based on an analysis of the first four prices and the last two months the average price has risen strongly 131 % 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 ₱ 10,910,610 they are 75 % more affordable than the average price for Consolacion. The properties with the lowest average price have 4 bedrooms, Their price is 34 % cheaper than the average. After that we have properties with 3 bedrooms priced at ₱ 4,466,377.
With regard to the average price per m² , those properties with 2 bedrooms are the cheapest ones at a cost of ₱ 39,897 / m², with an average ₱ 54,568 / m² price in Consolacion. The properties with the highest average prices have 1 bedroom. They are 3 % more expensive than the average followed by properties with 3 bedrooms with a price at ₱ 49,564 / m².
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of ₱ 10,910,610 it is 53 % cheaper than the average price in Consolacion. "House And Lot" is seen as the second most affordable property type. The cheapest type property is "House" followed by "House And Lot". At a price of ₱ 6,535,253 it is 36 % 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 ₱ 16,522 / m² followed by "Townhouse" priced at ₱ 44,337 / m². "House" is the cheapest type of property with a ₱ 49,233 / m² value followed by "Townhouse" with an average price of ₱ 44,337 / m².