The prices in real estate in Dasmarines, in the Cavite region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per m² in Dasmarines has fallen in the last 6 months. In December, the average price per m² was ₱ 91,044. In the following month the price per m² increased to ₱ 99,994. The price for the following two months in (February, March) decreased 89 % with regard to the prior two months. The price per m² has had a considerable deflation of 80 % 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 ₱ 90,109.25 to ₱ 72,324 during April, and May.
Based upon to the price in Dasmarines (cities), this has gone up considerably in the last 6 months. In our first sample month during December, the average price is ₱ 6,139,182. In January This price remains at ₱ 6,377,301. During the following two months (February, March) the average price had a considerable increase of 130 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 124 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of ₱ 7,443,782 they are 57 % more affordable than the average price for Dasmarines. The properties with the highest average price have 3 bedrooms, Their price is 39 % more costly than the average. After that we have properties with 4 bedrooms priced at ₱ 9,126,245.
With regard to the average price per m² , those properties with 4 bedrooms are the cheapest ones at a cost of ₱ 49,125 / m², with an average ₱ 73,320 / m² price in Dasmarines. The properties with the highest average prices have 1 bedroom. They are 123 % more expensive than the average followed by properties with 3 bedrooms with a price at ₱ 123,337 / m².
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of ₱ 7,443,782 it is 67 % cheaper than the average price in Dasmarines. "Condominium" is seen as the second most affordable property type. The dearest property type is "House" followed by "Lot". At a price of ₱ 7,824,456 it is 33 % more expensive than the average price.
According to the average cost per m², the cheapest property type is "Lot" at an average cost of ₱ 37,409 / m² followed by "Townhouse" priced at ₱ 46,112 / m². "Condominium" is the most costly type of property with a ₱ 166,326 / m² cost followed by "House" with an average price of ₱ 100,595 / m².
