The prices in real estate in Quezon City, in the Metro Manila 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 Quezon City has remained the same in the last 6 months. In October, the average price per m² was ₱ 86,752. In the following month the price per m² decreased to ₱ 78,685. In the following two months the price per m² has increased 112 %, going from ₱ 82,718.5 to ₱ 92,242 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 ₱ 87,480.25 to ₱ 86,139.5 during February y March
Based upon to the price in Quezon City (cities), this has fallen considerably in the last 6 months. The average price for October is ₱ 13,276,214. During November the price had a slight fall till ₱ 11,407,968. During the following two months (December, January) the average price had a considerable reduction of 84 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 87 %, going from ₱ 11,347,782 to ₱ 9,823,958 in February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of ₱ 9,326,634 they are 71 % more affordable than the average price for Quezon City. The properties with the highest average price have 4 bedrooms, Their price is 86 % more costly than the average. After that we have properties with 3 bedrooms priced at ₱ 6,910,339.
With regard to the average price per m² , those properties with 2 bedrooms are the cheapest ones at a cost of ₱ 73,183 / m², with an average ₱ 85,604 / m² price in Quezon City. The properties with the highest average prices have 4 bedrooms. They are 28 % more expensive than the average followed by properties with 1 bedroom with a price at ₱ 79,368 / m².
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of ₱ 9,326,634 it is 65 % cheaper than the average price in Quezon City. "Condominium" is seen as the second most affordable property type. The dearest property type is "House" followed by "Farm House". At a price of ₱ 13,789,461 it is 85 % more expensive than the average price.
According to the average cost per m², the cheapest property type is "Farm House" at an average cost of ₱ 24,300 / m² followed by "Townhouse" priced at ₱ 65,304 / m². "House" is the most costly type of property with a ₱ 112,193 / m² cost followed by "Condominium" with an average price of ₱ 94,713 / m².