The prices in real estate in San Pedro, in the Laguna 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 San Pedro has remained the same in the last 6 months. In April, the average price per m² was ₱ 49,321. In the following month the price per m² decreased to ₱ 45,042. The price for the following two months in (June, July) had a considerable increment of 123 %. The price per m² has had a considerable deflation of 80 % 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 ₱ 52,515 to ₱ 41,813 during August, and September.
Based upon to the price in San Pedro (cities), these have remained the same in the last 6 months. In our first sample month during April, the average price is ₱ 8,157,694. In May This price remains at ₱ 8,135,169. During the following two months (June, July) the average price had a considerable increase of 134 % 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 ₱ 9,511,139 to ₱ 5,893,939.5, which means a 62 % fall.