The prices in real estate in Pinagsama, in the Quezon 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
The price per m² in Pinagsama has fallen in the last 6 months. In October, the average price per m² was ₱ 255,109. In November this price pretty much remained the same at a value of ₱ 243,592 per m². In the following two months the price per m² has barely changed, going from ₱ 249,350.5 to ₱ 239,529 per m². The price per m² has decreased 89 % 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 ₱ 244,439.75 to ₱ 218,447 during February, and March.
Based upon to the price in Pinagsama (cities), this has gone up considerably in the last 6 months. The average price for October is ₱ 24,748,909. During November the price had a slight fall till ₱ 21,454,127. During the following two months (December, January) the average price had a considerable increase of 120 % 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 risen strongly 139 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of ₱ 36,495,464 they are 80 % more affordable than the average price for Pinagsama. The properties with the highest average price have 4 bedrooms, Their price is 310 % more costly than the average. After that we have properties with 3 bedrooms priced at ₱ 23,184,000.
With regard to the average price per m² , those properties with 1 bedroom are the cheapest ones at a cost of ₱ 186,396 / m², with an average ₱ 218,596 / m² price in Pinagsama. The properties with the highest average prices have 4 bedrooms. They are 88 % more expensive than the average followed by properties with 2 bedrooms with a price at ₱ 250,545 / m².
The graph displaying the average prices displays the property type "Condominium" as the most affordable one. At an cost of ₱ 36,495,464 it is 59 % cheaper than the average price in Pinagsama. "Office" is seen as the second most affordable property type. The dearest property type is "House" followed by "Office". At a price of ₱ 24,247,644 it is 224 % more expensive than the average price.
According to the average cost per m², the cheapest property type is "Condominium" at an average cost of ₱ 217,854 / m² followed by "House" priced at ₱ 236,056 / m². "Office" is the most costly type of property with a ₱ 285,019 / m² cost followed by "House" with an average price of ₱ 236,056 / m².
