Property prices for sale in Paranaque (Rizal)

The prices in real estate in Paranaque, in the Rizal 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.

₱ 6,798,788.33
Average price last 6 months
₱ 61,572.17
Price/m² last 6 months
Average price per m2

The price per m² in Paranaque has increased during the last 6 months. In December, the average price per m² was ₱ 58,722. In January this price pretty much remained the same at a value of ₱ 60,572 per m². In the following two months the price per m² has barely changed, going from ₱ 59,647 to ₱ 60,384 per m². The price per m² has increased 108 % 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 ₱ 60,015.5 to ₱ 64,685.5 during April, and May.

Average price

Based upon to the price in Paranaque (cities), this has gone downing the last 6 months. The average price for December is ₱ 7,244,480. During January the price had a slight fall till ₱ 6,311,570. During the following two months (February, March) the average price fell 92 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has gone up 113 % during the last two months.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of ₱ 7,478,829 they are 41 % more affordable than the average price for Paranaque. The properties with the highest average price have 4 bedrooms, Their price is 107 % more costly than the average. After that we have properties with 3 bedrooms priced at ₱ 7,225,183.

With regard to the average price per m² , those properties with 4 bedrooms are the cheapest ones at a cost of ₱ 47,412 / m², with an average ₱ 67,904 / m² price in Paranaque. The properties with the highest average prices have 1 bedroom. They are 35 % more expensive than the average followed by properties with 2 bedrooms with a price at ₱ 75,035 / 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 ₱ 7,478,829 it is 31 % cheaper than the average price in Paranaque. "Townhouse" is seen as the second most affordable property type. The dearest property type is "Apartment" followed by "House And Lot". At a price of ₱ 9,185,676 it is 465 % more expensive than the average price.

According to the average cost per m², the cheapest property type is "Apartment" at an average cost of ₱ 7,317 / m² followed by "Townhouse" priced at ₱ 37,464 / m². "Condominium" is the most costly type of property with a ₱ 98,864 / m² cost followed by "House And Lot" with an average price of ₱ 52,990 / m².

Charts data
Average price May
Average price per m² May
Number of properties used in Paranaque
Number of properties used in region Rizal
₱ 7,478,829
₱ 67,904
598
75,930
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value