The prices in real estate in Meycauayan, in the Bulacan region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per m² in Meycauayan has increased during the last 6 months. In February, the average price per m² was ₱ 48,286. In the following month the price per m² increased to ₱ 51,543. In the following two months the price per m² has barely changed, going from ₱ 49,914.5 to ₱ 49,181 per m². 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 ₱ 49,547.75 to ₱ 51,945 during June y July
Based upon to the price in Meycauayan (cities), this has gone up considerably in the last 6 months. The price in February is ₱ 4,322,170, rising in March till ₱ 4,767,271. During the following two months (April, May) the price has had an average incrementation from ₱ 4,544,720.5 to ₱ 5,028,559. Based on an analysis of the first four prices and the last two months the average price has risen strongly 185 % 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 ₱ 12,572,217 they are 89 % more affordable than the average price for Meycauayan. The properties with the lowest average price have 3 bedrooms, Their price is 58 % cheaper than the average. After that we have properties with 4 bedrooms priced at ₱ 3,803,187.
With regard to the average price per m² , those properties with 2 bedrooms are the cheapest ones at a cost of ₱ 19,122 / m², with an average ₱ 53,465 / m² price in Meycauayan. The properties with the lowest average prices have 1 bedroom. They are 28 % cheaper than the average followed by properties with 4 bedrooms with a price at ₱ 34,180 / m².
With regard to the average price based upon the property in Meycauayan we can see that the cheapest property type is "House And Lot" at a price of ₱ 3,803,187, they are 70 % more affordable than the average price of (!PRECIO2!). "House And Lot" has the lowest price. This price is 70 % more affordable than the average price aforementioned.
According to the average area cost by m² the cheapest property type is "House And Lot with an average price of ₱ 34,180 / m². "House And Lot" with an average cost of ₱ 34,180 / m² has the lowest price and would be directed at less affluent cities.