The prices in real estate in Maragondon, in the Cavite 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 Maragondon has had a strong decrease during the last 6 months. In November, the average price per m² was ₱ 3,000. In December this price pretty much remained the same at a value of ₱ 3,000 per m². In the following two months the price per m² has barely changed, going from ₱ 3,000 to ₱ 3,000 per m². The price per m² has had a considerable deflation of 0 % 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 ₱ 3,000 to during March, and April.
Based upon to the price in Maragondon (cities), this has fallen considerably in the last 6 months. In our first sample month during November, the average price is ₱ 77,065,333. In December This price remains at ₱ 77,065,333. In the following two months the average price has remained the same with regard to the previous two months from ₱ 77,065,336 to ₱ 77,065,336. During the last two months the average price has had a strong fall compared to the previous four going from ₱ 77,065,336 to , which means a 0 % fall.