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 June, the average price per m² was ₱ 29,765. In the following month the price per m² decreased considerably to ₱ 24,671. In the following two months the price per m² has increased 111 %, going from ₱ 27,218 to ₱ 30,217.5 per m². The price per m² has had a considerable increase of 132 % 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 ₱ 28,717.75 to ₱ 37,954 during October, and November.
Based upon to the price in Meycauayan (cities), this has fallen considerably in the last 6 months. The average price for June is ₱ 9,583,333. During July the price had a considerable reduction till ₱ 5,603,350. During the following two months (August, September) the average price had a considerable reduction of 58 % with regard to the previous two months. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of ₱ 6,007,406 and ₱ 6,025,076 between October and November.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of ₱ 5,715,570 they are 75 % more affordable than the average price for Meycauayan. The properties with the lowest average price have 3 bedrooms, Their price is 7 % cheaper than the average. After that we have properties with 4 bedrooms priced at ₱ 3,833,753.
With regard to the average price per m² , those properties with 2 bedrooms are the cheapest ones at a cost of ₱ 19,282 / m², with an average ₱ 33,775 / m² price in Meycauayan. The properties with the highest average prices have 1 bedroom. They are 15 % more expensive than the average followed by properties with 4 bedrooms with a price at ₱ 34,460 / 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 ₱ 3,833,753, they are 33 % more affordable than the average price of (!PRECIO2!). "House And Lot" has the lowest price. This price is 33 % more affordable than the average price aforementioned.
According to the average area price by m² the most costly property type is "House And Lot with an average price of ₱ 34,460 / m². "House And Lot" at an average price of ₱ 34,460 / m² has the most expensive price and would be directed at more affluent cities.