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 November, the average price per m² was ₱ 79,762. In December this price pretty much remained the same at a value of ₱ 82,869 per m². In the following two months the price per m² has barely changed, going from ₱ 81,315.5 to ₱ 81,202.5 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 ₱ 81,259 to ₱ 81,328 during March y April
Based upon to the price in Quezon City (cities), this has gone up in the last 6 months. The average price for November is ₱ 6,481,957. During December the price had a slight fall till ₱ 5,632,843. During the following two months (January, February) the price has had an average incrementation from ₱ 6,057,400 to ₱ 6,613,842.5. Based on an analysis of the first four prices and the last two months the average price has risen strongly 123 % 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 ₱ 7,773,696 they are 59 % more affordable than the average price for Quezon City. The properties with the highest average price have 4 bedrooms, Their price is 122 % more costly than the average. After that we have properties with 3 bedrooms priced at ₱ 7,305,568.
With regard to the average price per m² , those properties with 3 bedrooms are the cheapest ones at a cost of ₱ 68,555 / m², with an average ₱ 81,099 / m² price in Quezon City. The properties with the highest average prices have 1 bedroom. They are 21 % more expensive than the average followed by properties with 4 bedrooms with a price at ₱ 79,936 / m².
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of ₱ 7,773,696 it is 60 % cheaper than the average price in Quezon City. "Condominium" is seen as the second most affordable property type. The dearest property type is "Lot" followed by "House". At a price of ₱ 19,135,094 it is 1095 % more expensive than the average price.
According to the average cost per m², the cheapest property type is "House And Lot" at an average cost of ₱ 56,071 / m² followed by "House" priced at ₱ 69,064 / m². "Lot" is the most costly type of property with a ₱ 271,273 / m² cost followed by "Condominium" with an average price of ₱ 105,159 / m².