The prices in real estate in Liloan, in the Bohol region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per m² in Liloan has had a strong decrease during the last 6 months. In May, the average price per m² was ₱ 58,613. In June this price pretty much remained the same at a value of ₱ 57,601 per m². The price for the following two months in (July, August) had a considerable decrease of 74 with regard to the prior two months. The price per m² has decreased 94 % 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 ₱ 50,508.75 to ₱ 47,568 during September, and October.
Based upon to the price in Liloan (cities), this has gone downing the last 6 months. The average price for May is ₱ 6,220,506. During June the price had a slight fall till ₱ 5,682,082. During the following two months (July, August) the average price fell 92 % 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 gone up 112 % 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 ₱ 6,457,191 they are 51 % more affordable than the average price for Liloan. The properties with the lowest average price have 4 bedrooms, Their price is 3 % cheaper than the average. After that we have properties with 3 bedrooms priced at ₱ 5,554,381.
With regard to the average price per m² , those properties with 4 bedrooms are the most costly ones at a cost of ₱ 53,775 / m², with an average ₱ 51,940 / m² price in Liloan. The properties with the highest average prices have 1 bedroom. They are 88 % more expensive than the average followed by properties with 3 bedrooms with a price at ₱ 60,002 / m².
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of ₱ 6,457,191 it is 57 % cheaper than the average price in Liloan. "Farm House" is seen as the second most affordable property type. The dearest property type is "House" followed by "House And Lot". At a price of ₱ 5,748,392 it is 15 % more expensive than the average price.
According to the average cost per m², the cheapest property type is "House And Lot" at an average cost of ₱ 22,226 / m² followed by "Townhouse" priced at ₱ 39,357 / m². "House" is the most costly type of property with a ₱ 57,638 / m² cost followed by "Farm House" with an average price of ₱ 46,722 / m².