The prices in real estate in Danao, 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 Danao has remained the same in the last 6 months. In March, the average price per m² was ₱ 40,625. In April this price pretty much remained the same at a value of ₱ 41,264 per m². In the following two months the price per m² has barely changed, going from ₱ 40,944.5 to ₱ 42,741.5 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 ₱ 41,843 to ₱ 42,879 during July y August
Based upon to the price in Danao (cities), these have remained the same in the last 6 months. In our first sample month during March, the average price is ₱ 5,149,950. In April This price remains at ₱ 4,993,411. In the following two months the average price has remained the same with regard to the previous two months from ₱ 5,071,680.5 to ₱ 5,109,109.5. 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 ₱ 5,090,395 to ₱ 4,784,416 in July and August.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of ₱ 5,012,975 they are 31 % more affordable than the average price for Danao. The properties with the highest average price have 2 bedrooms, Their price is 11 % more costly than the average. After that we have properties with 3 bedrooms priced at ₱ 5,366,226.
With regard to the average price per m² , those properties with 1 bedroom are the cheapest ones at a cost of ₱ 36,387 / m², with an average ₱ 42,964 / m² price in Danao. The properties with the highest average prices have 2 bedrooms. They are 6 % more expensive than the average followed by properties with 3 bedrooms with a price at ₱ 44,375 / m².
With regard to the average price based upon the property in Danao we can see that most expensive property type is "House" at a price of ₱ 5,150,689, they are 3 % more costly than the average price of (!PRECIO2!). "House" has the highest price. This price is 3 % more expensive than the average price aforementioned.
According to the average area price by m² the most costly property type is "House with an average price of ₱ 43,920 / m². "House" at an average price of ₱ 43,920 / m² has the most expensive price and would be directed at more affluent cities.