Property prices for sale in Marikina (Metro Manila)

The prices in real estate in Marikina, in the Metro Manila region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.

₱ 6,841,298.67
Average price last 6 months
₱ 63,289
Price/m² last 6 months
Average price per m2

The price per m² in Marikina has increased strongly during the last 6 months. In September, the average price per m² was ₱ 55,556. In the following month the price per m² increased to ₱ 61,128. In the following two months the price per m² has increased 110 %, going from ₱ 58,342 to ₱ 63,886.5 per m². The price per m² has increased 111 % 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 ₱ 61,114.25 to ₱ 67,638.5 during January, and February.

Average price

Based upon to the price in Marikina (cities), this has gone up in the last 6 months. The average price during our first sample month during September, is ₱ 6,377,932. During October the price went through a considerable rise reaching ₱ 8,826,354. During the following two months (November, December) the price has had an average incrementation from ₱ 7,602,143 to ₱ 7,983,843.5. During the last two months the average price has had a strong fall compared to the previous four going from ₱ 7,792,993 to ₱ 4,937,909.5, which means a 63 % fall.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of ₱ 4,939,952 they are 22 % more affordable than the average price for Marikina. The properties with the highest average price have 4 bedrooms, Their price is 4 % more costly than the average. After that we have properties with 3 bedrooms priced at ₱ 4,574,998.

With regard to the average price per m² , those properties with 4 bedrooms are the cheapest ones at a cost of ₱ 47,896 / m², with an average ₱ 68,262 / m² price in Marikina. The properties with the highest average prices have 1 bedroom. They are 74 % more expensive than the average followed by properties with 2 bedrooms with a price at ₱ 73,900 / m².

Price per property type

The graph displaying the average prices displays the property type "Condominium" as the most affordable one. At an cost of ₱ 4,939,952 it is 38 % cheaper than the average price in Marikina. "Apartment" is seen as the second most affordable property type. The dearest property type is "House And Lot" followed by "Townhouse". At a price of ₱ 5,354,725 it is 75 % 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 ₱ 47,445 / m² followed by "House" priced at ₱ 50,089 / m². "Condominium" is the most costly type of property with a ₱ 125,203 / m² cost followed by "Apartment" with an average price of ₱ 104,978 / m².

Charts data
Average price February
Average price per m² February
Number of properties used in Marikina
Number of properties used in region Metro Manila
₱ 4,939,952
₱ 68,262
1,150
188,110
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value