The prices in real estate in Marilao, in the Bulacan 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 Marilao has fallen in the last 6 months. In June, the average price per m² was ₱ 41,443. In the following month the price per m² decreased to ₱ 37,701. The price for the following two months in (August, September) decreased 92 % with regard to the prior two months. The price per m² has barely changed in the last two months compared to the average price of the previous four months going from an average price of ₱ 38,068.5 to ₱ 39,264.5 during October y November
Based upon to the price in Marilao (cities), these have remained the same in the last 6 months. The average price for June is ₱ 3,351,426. During July the price had a considerable reduction till ₱ 2,254,299. During the following two months (August, September) 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 risen strongly 158 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of ₱ 4,466,562 they are 58 % more affordable than the average price for Marilao. The properties with the highest average price have 4 bedrooms, Their price is 29 % more costly than the average. After that we have properties with 3 bedrooms priced at ₱ 4,581,983.
With regard to the average price per m² , those properties with 4 bedrooms are the most costly ones at a cost of ₱ 40,213 / m², with an average ₱ 39,961 / m² price in Marilao. The properties with the highest average prices have 1 bedroom. They are 58 % more expensive than the average followed by properties with 3 bedrooms with a price at ₱ 48,060 / m².
The graph displaying the average prices displays the property type "Condominium" as the most affordable one. At an cost of ₱ 4,466,562 it is 52 % cheaper than the average price in Marilao. "Townhouse" is seen as the second most affordable property type. The dearest property type is "House And Lot" followed by "House". At a price of ₱ 4,379,411 it is 35 % 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 ₱ 8,589 / m² followed by "Townhouse" priced at ₱ 40,872 / m². "Condominium" is the most costly type of property with a ₱ 69,528 / m² cost followed by "House" with an average price of ₱ 43,798 / m².