The prices in real estate in Laguna, in the Laguna 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 Laguna has fallen in the last 6 months. In January, the average price per m² was ₱ 57,091. In the following month the price per m² decreased to ₱ 51,407. The price for the following two months in (March, April) decreased 95 % with regard to the prior two months. The price per m² has had a considerable deflation of 84 % 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 ₱ 52,817.75 to ₱ 44,606 during May, and June.
Based upon to the price in Laguna (cities), this has gone downing the last 6 months. The average price for January is ₱ 4,563,948. During February the price had a slight fall till ₱ 3,979,261. During the following two months (March, April) the price has had an average incrementation from ₱ 4,271,604.5 to ₱ 4,730,343.5. During the last two months the average price has had a strong fall compared to the previous four going from ₱ 4,500,974 to ₱ 3,350,563, which means a 74 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of ₱ 3,215,787 they are 33 % more affordable than the average price for Laguna. The properties with the highest average price have 4 bedrooms, Their price is 230 % more costly than the average. After that we have properties with 3 bedrooms priced at ₱ 4,811,954.
With regard to the average price per m² , those properties with 2 bedrooms are the cheapest ones at a cost of ₱ 44,068 / m², with an average ₱ 45,016 / m² price in Laguna. The properties with the highest average prices have 1 bedroom. They are 62 % more expensive than the average followed by properties with 4 bedrooms with a price at ₱ 65,565 / m².
The graph displaying the average prices displays the property type "Lot" as the most affordable one. At an cost of ₱ 3,215,787 it is 34 % cheaper than the average price in Laguna. "House" is seen as the second most affordable property type. The dearest property type is "Apartment" followed by "House And Lot". At a price of ₱ 4,541,172 it is 108 % more expensive than the average price.
According to the average cost per m², the cheapest property type is "Lot" at an average cost of ₱ 8,185 / m² followed by "House" priced at ₱ 43,943 / m². "Apartment" is the most costly type of property with a ₱ 112,939 / m² cost followed by "House And Lot" with an average price of ₱ 56,804 / m².