Property prices for sale in Minglanilla (Cebu)

The prices in real estate in Minglanilla, in the Cebu 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.

₱ 6,505,451.17
Average price last 6 months
₱ 64,374
Price/m² last 6 months
Average price per m2

The price per m² in Minglanilla has increased during the last 6 months. In September, the average price per m² was ₱ 61,031. In the following month the price per m² increased to ₱ 64,599. In the following two months the price per m² has increased 109 %, going from ₱ 62,815 to ₱ 68,324.5 per m². The price per m² has decreased 95 % 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 ₱ 65,569.75 to ₱ 61,982.5 during January, and February.

Average price

Based upon to the price in Minglanilla (cities), these have remained the same in the last 6 months. In our first sample month during September, the average price is ₱ 6,746,736. In October This price remains at ₱ 6,941,915. In the following two months the average price has remained the same with regard to the previous two months from ₱ 6,844,325.5 to ₱ 6,919,100. During the last two months the average price has had a strong fall compared to the previous four going from ₱ 6,881,713 to ₱ 5,752,928, which means a 84 % 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 ₱ 5,244,989 they are 49 % more affordable than the average price for Minglanilla. The properties with the highest average price have 4 bedrooms, Their price is 49 % more costly than the average. After that we have properties with 3 bedrooms priced at ₱ 5,515,632.

With regard to the average price per m² , those properties with 3 bedrooms are the cheapest ones at a cost of ₱ 55,187 / m², with an average ₱ 59,850 / m² price in Minglanilla. The properties with the highest average prices have 1 bedroom. They are 90 % more expensive than the average followed by properties with 4 bedrooms with a price at ₱ 63,618 / 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 ₱ 5,244,989 it is 42 % cheaper than the average price in Minglanilla. "Commercial Lot" is seen as the second most affordable property type. The dearest property type is "House" followed by "House And Lot". At a price of ₱ 6,445,147 it is 32 % more expensive than the average price.

According to the average cost per m², the cheapest property type is "Lot" at an average cost of ₱ 17,474 / m² followed by "House And Lot" priced at ₱ 56,566 / m². "Condominium" is the most costly type of property with a ₱ 111,042 / m² cost followed by "Commercial Lot" with an average price of ₱ 87,917 / m².

Charts data
Average price February
Average price per m² February
Number of properties used in Minglanilla
Number of properties used in region Cebu
₱ 5,244,989
₱ 59,850
3,500
53,302
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value