The prices in real estate in General Trias, in the Cavite 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 General Trias has increased during the last 6 months. In December, the average price per m² was ₱ 29,732. In the following month the price per m² decreased to ₱ 26,260. The price for the following two months in (February, March) had a considerable increment of 129 %. The price per m² has increased 105 % 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 ₱ 32,040 to ₱ 33,653 during April, and May.
Based upon to the price in General Trias (cities), this has gone up considerably in the last 6 months. In our first sample month during December, the average price is ₱ 2,664,034. In January This price remains at ₱ 2,537,977. During the following two months (February, March) the average price had a considerable increase of 156 % with regard to the previous two months. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of ₱ 3,333,392 and ₱ 3,279,101.5 between April and May.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of ₱ 2,689,216 they are 53 % more affordable than the average price for General Trias. The properties with the highest average price have 4 bedrooms, Their price is 57 % more costly than the average. After that we have properties with 3 bedrooms priced at ₱ 2,454,890.
With regard to the average price per m² , those properties with 3 bedrooms are the cheapest ones at a cost of ₱ 26,372 / m², with an average ₱ 26,967 / m² price in General Trias. The properties with the highest average prices have 1 bedroom. They are 53 % more expensive than the average followed by properties with 2 bedrooms with a price at ₱ 29,072 / m².
The graph displaying the average prices displays the property type "Farm House" as the most affordable one. At an cost of ₱ 2,689,216 it is 78 % cheaper than the average price in General Trias. "Townhouse" is seen as the second most affordable property type. The dearest property type is "Commercial Lot" followed by "Condominium". At a price of ₱ 4,771,051 it is 1306 % more expensive than the average price.
According to the average cost per m², the cheapest property type is "Farm House" at an average cost of ₱ 6,125 / m² followed by "House" priced at ₱ 24,841 / m². "Condominium" is the most costly type of property with a ₱ 103,944 / m² cost followed by "Commercial Lot" with an average price of ₱ 42,253 / m².