The prices in real estate in Pateros, in the Rizal region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per m² in Pateros has remained the same in the last 6 months. In January, the average price per m² was ₱ 256,682. In February this price pretty much remained the same at a value of ₱ 250,631 per m². In the following two months the price per m² has barely changed, going from ₱ 253,656.5 to ₱ 243,479.5 per m². The price per m² has barely changed in the last two months compared to the average price of the previous four months going from an average price of ₱ 248,568 to ₱ 247,632.5 during May y June
Based upon to the price in Pateros (cities), this has fallen considerably in the last 6 months. The average price for January is ₱ 19,106,667. During February the price had a slight fall till ₱ 16,950,214. During the following two months (March, April) the average price fell 86 % 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 ₱ 16,740,803 to ₱ 12,952,169, which means a 77 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 4 bedrooms are the cheapest ones. At a price of ₱ 12,070,588 they are 58 % more affordable than the average price for Pateros. The properties with the highest average price have 3 bedrooms, Their price is 39 % more costly than the average. After that we have properties with 2 bedrooms priced at ₱ 15,983,333.
With regard to the average price per m² , those properties with 4 bedrooms are the cheapest ones at a cost of ₱ 51,936 / m², with an average ₱ 242,368 / m² price in Pateros. The properties with the highest average prices have 2 bedrooms. They are 3 % more expensive than the average followed by properties with 1 bedroom with a price at ₱ 237,170 / m².
With regard to the average price based upon the property in Pateros we can see that the cheapest property type is "Condominium" at a price of ₱ 5,095,908, they are 58 % more affordable than the average price of (!PRECIO2!). "Condominium" has the lowest price. This price is 58 % more affordable than the average price aforementioned.
According to the average area cost by m² the cheapest property type is "Condominium with an average price of ₱ 51,936 / m². "Condominium" with an average cost of ₱ 51,936 / m² has the lowest price and would be directed at less affluent cities.