The prices in real estate in San Pedro, in the Laguna region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.
The price per m² in San Pedro has increased strongly during the last 6 months. In November, the average price per m² was ₱ 41,134. In December this price pretty much remained the same at a value of ₱ 42,511 per m². The price for the following two months in (January, February) had a considerable increment of 126 %. The price per m² has increased 107 % 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 ₱ 47,169.25 to ₱ 50,285 during March, and April.
Based upon to the price in San Pedro (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during November, is ₱ 6,821,530. During December the price went through a considerable rise reaching ₱ 9,613,657. During the following two months (January, February) the price has had an average incrementation from ₱ 8,217,593.5 to ₱ 9,184,164. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 92 %, going from ₱ 8,700,879 to ₱ 8,037,371.5 in March and April.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of ₱ 7,593,725 they are 48 % more affordable than the average price for San Pedro. The properties with the highest average price have 4 bedrooms, Their price is 96 % more costly than the average. After that we have properties with 1 bedroom priced at ₱ 7,656,250.
With regard to the average price per m² , those properties with 4 bedrooms are the cheapest ones at a cost of ₱ 49,895 / m², with an average ₱ 50,799 / m² price in San Pedro. The properties with the highest average prices have 1 bedroom. They are 154 % more expensive than the average followed by properties with 2 bedrooms with a price at ₱ 61,380 / m².
The graph displaying the average prices displays the property type "House And Lot" as the most affordable one. At an cost of ₱ 7,593,725 it is 45 % cheaper than the average price in San Pedro. "House" is seen as the second most affordable property type. The dearest property type is "Commercial Lot" followed by "Lot". At a price of ₱ 13,249,607 it is 1676 % more expensive than the average price.
According to the average cost per m², the cheapest property type is "Lot" at an average cost of ₱ 21,567 / m² followed by "House" priced at ₱ 55,292 / m². "Apartment" is the most costly type of property with a ₱ 123,240 / m² cost followed by "Commercial Lot" with an average price of ₱ 65,680 / m².
