The prices in real estate in Navotas, in the Metro Manila region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.
The price per m² in Navotas has increased strongly during the last 6 months. In March, the average price per m² was ₱ 38,437. In the following month the price per m² increased considerably to ₱ 44,725. The price for the following two months in (May, June) had a considerable increment of 529 %. The price per m² has had a considerable deflation of 35 % 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 ₱ 130,759.25 to ₱ 46,145 during July, and August.
Based upon to the price in Navotas (cities), this has gone up in the last 6 months. In our first sample month during March, the average price is ₱ 2,485,029. In April This price remains at ₱ 2,539,975. During the following two months (May, June) the price has had an average incrementation from ₱ 2,512,502 to ₱ 2,873,800. Based on an analysis of the first four prices and the last two months the average price has gone up 108 % 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 0 % cheaper than the average price of ₱ 2,897,825 in Navotas. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 0 % more affordable than the average aforementioned.
With regard to the average prices per m² those properties with 1 bedroom are 0 % cheaper than the average price of (₱ 46,145 / m²) in Navotas. Properties with the most affordable price based upon to the number of bedrooms / m² are those with 1 bedroom. They are 0 % cheaper than the average value aforementioned.
With regard to the average price based upon the property in Navotas we can see that the cheapest property type is "House And Lot" at a price of ₱ 2,897,825, they are 0 % more affordable than the average price of (!PRECIO2!). "House And Lot" has the lowest price. This price is 0 % 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 ₱ 46,145 / m². "House And Lot" with an average cost of ₱ 46,145 / m² has the lowest price and would be directed at less affluent cities.