The prices in real estate in Meycauayan, in the Bulacan region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per m² in Meycauayan has remained the same in the last 6 months. In May, the average price per m² was ₱ 48,073. In June this price pretty much remained the same at a value of ₱ 50,425 per m². In the following two months the price per m² has barely changed, going from ₱ 49,249 to ₱ 51,179 per m². The price per m² has decreased 92 % 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 ₱ 50,214 to ₱ 46,172.5 during September, and October.
Based upon to the price in Meycauayan (cities), this has gone up considerably in the last 6 months. In our first sample month during May, the average price is ₱ 5,148,087. In June This price remains at ₱ 5,120,278. During the following two months (July, August) the average price had a considerable increase of 175 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from ₱ 7,052,245 to ₱ 4,376,491, which means a 62 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of ₱ 4,179,379 they are 67 % more affordable than the average price for Meycauayan. The properties with the highest average price have 3 bedrooms, Their price is 26 % more costly than the average. After that we have properties with 4 bedrooms priced at ₱ 3,791,787.
With regard to the average price per m² , those properties with 2 bedrooms are the cheapest ones at a cost of ₱ 19,062 / m², with an average ₱ 45,369 / m² price in Meycauayan. The properties with the lowest average prices have 1 bedroom. They are 15 % cheaper than the average followed by properties with 4 bedrooms with a price at ₱ 34,075 / 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 ₱ 3,791,787, they are 9 % more affordable than the average price of (!PRECIO2!). "House And Lot" has the lowest price. This price is 9 % 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 ₱ 34,075 / m². "House And Lot" with an average cost of ₱ 34,075 / m² has the lowest price and would be directed at less affluent cities.