Property prices for sale in Pasay (Metro Manila)

The prices in real estate in Pasay, in the Metro Manila region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city

₱ 6,609,854.67
Average price last 6 months
₱ 176,748.17
Price/m² last 6 months
Average price per m2

The price per m² in Pasay has fallen in the last 6 months. In July, the average price per m² was ₱ 188,308. In August this price pretty much remained the same at a value of ₱ 182,035 per m². In the following two months the price per m² has barely changed, going from ₱ 185,171.5 to ₱ 177,205.5 per m². The price per m² has decreased 93 % 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 ₱ 181,188.5 to ₱ 167,867.5 during November, and December.

Average price

Based upon to the price in Pasay (cities), this has gone downing the last 6 months. In our first sample month during July, the average price is ₱ 7,074,037. In August This price remains at ₱ 7,111,461. In the following two months the average price has remained the same with regard to the previous two months from ₱ 7,092,749 to ₱ 6,771,641. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 86 %, going from ₱ 6,932,195 to ₱ 5,965,174 in November and December.

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 ₱ 5,292,977 they are 11 % more affordable than the average price for Pasay. The properties with the highest average price have 4 bedrooms, Their price is 394 % more costly than the average. After that we have properties with 3 bedrooms priced at ₱ 21,083,333.

With regard to the average price per m² , those properties with 1 bedroom are the cheapest ones at a cost of ₱ 142,570 / m², with an average ₱ 147,910 / m² price in Pasay. The properties with the highest average prices have 4 bedrooms. They are 24 % more expensive than the average followed by properties with 3 bedrooms with a price at ₱ 155,573 / m².

Price per property type

The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of ₱ 5,292,977 it is 5 % cheaper than the average price in Pasay. "Condominium" is seen as the second most affordable property type. The dearest property type is "Apartment" followed by "Commercial Lot". At a price of ₱ 112,757,130 it is 2165 % more expensive than the average price.

According to the average cost per m², the cheapest property type is "Townhouse" at an average cost of ₱ 125,110 / m² followed by "Apartment" priced at ₱ 164,351 / m². "Condominium" is the most costly type of property with a ₱ 207,303 / m² cost followed by "Commercial Lot" with an average price of ₱ 178,644 / m².

Charts data
Average price December
Average price per m² December
Number of properties used in Pasay
Number of properties used in region Metro Manila
₱ 5,292,977
₱ 147,910
5,018
325,244
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value