The prices in real estate in Moalboal, in the Cebu region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per m² in Moalboal has had a strong decrease during the last 6 months. In October, the average price per m² was ₱ 20,382. In the following month the price per m² increased considerably to ₱ 24,662. The price for the following two months in (December, January) had a considerable decrease of 27 with regard to the prior two months. The price per m² has had a considerable increase of 143 % 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 ₱ 14,328.5 to ₱ 20,499 during February, and March.
Based upon to the price in Moalboal (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during October, is ₱ 5,064,600. During November the price went through a considerable rise reaching ₱ 6,306,533. In the following two months the average price has remained the same with regard to the previous two months from ₱ 5,685,566.5 to ₱ 5,720,103. Based on an analysis of the first four prices and the last two months the average price has risen strongly 580 % during the last two months.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 75 % cheaper than the average price of ₱ 15,206,497 in Moalboal. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 75 % more affordable than the average aforementioned.
With regard to the average prices per m² those properties with 1 bedroom are 59 % more costly than the average price of (₱ 50,467 / m²) in Moalboal. Properties with the most expensive price based upon to the number of bedrooms / m² are those with 1 bedroom. They are 59 % more costly than the average value aforementioned.
With regard to the average price based upon the property in Moalboal we can see that the cheapest property type is "Lot" at a price of ₱ 15,206,497, they are 75 % more affordable than the average price of (!PRECIO2!). "Lot" has the lowest price. This price is 75 % more affordable than the average price aforementioned.
According to the average area price by m² the most costly property type is "Lot with an average price of ₱ 50,467 / m². "Lot" at an average price of ₱ 50,467 / m² has the most expensive price and would be directed at more affluent cities.
