The prices in real estate in Olongapo City, in the Olongapo City 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 Olongapo City has increased during the last 6 months. In September, the average price per m² was ₱ 66,376. In the following month the price per m² increased considerably to ₱ 87,325. The price for the following two months in (November, December) had a considerable decrease of 76 with regard to the prior two months. The price per m² has had a considerable increase of 127 % 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 ₱ 67,681.75 to ₱ 85,818.5 during January, and February.
Based upon to the price in Olongapo City (cities), these have remained the same in the last 6 months. The average price during our first sample month during September, is ₱ 20,737,500. During October the price went through a considerable rise reaching ₱ 24,833,333. During the following two months (November, December) the average price fell 90 % 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 ₱ 21,642,708 to ₱ 17,055,000, which means a 79 % fall.