The prices in real estate in Porac, in the Pampanga region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per m² in Porac has had a strong decrease during the last 6 months. In July, the average price per m² was ₱ 62,332. In August this price pretty much remained the same at a value of ₱ 59,550 per m². The price for the following two months in (September, October) had a considerable decrease of 72 with regard to the prior two months. 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 ₱ 52,286.75 to ₱ 52,409 during November y December
Based upon to the price in Porac (cities), this has fallen considerably in the last 6 months. In our first sample month during July, the average price is ₱ 5,331,863. In August This price remains at ₱ 5,425,600. During the following two months (September, October) the average price had a considerable reduction of 63 % with regard to the previous two months. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of ₱ 4,384,331 and ₱ 4,545,399 between November and December.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 23 % cheaper than the average price of ₱ 4,282,657 in Porac. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 23 % more affordable than the average aforementioned.
With regard to the average prices per m² those properties with 1 bedroom are 60 % cheaper than the average price of (₱ 23,068 / m²) in Porac. Properties with the most affordable price based upon to the number of bedrooms / m² are those with 1 bedroom. They are 60 % cheaper than the average value aforementioned.
With regard to the average price based upon the property in Porac we can see that the cheapest property type is "Farm House" at a price of ₱ 4,282,657, they are 23 % more affordable than the average price of (!PRECIO2!). "Farm House" has the lowest price. This price is 23 % more affordable than the average price aforementioned.
According to the average area cost by m² the cheapest property type is "Farm House with an average price of ₱ 23,068 / m². "Farm House" with an average cost of ₱ 23,068 / m² has the lowest price and would be directed at less affluent cities.