The prices in real estate in Tagbilaran, in the Bohol region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per m² in Tagbilaran has fallen in the last 6 months. In March, the average price per m² was ₱ 52,921. In the following month the price per m² decreased to ₱ 48,733. The price for the following two months in (May, June) decreased 95 % 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 ₱ 49,457.75 to ₱ 48,431 during July y August
Based upon to the price in Tagbilaran (cities), this has fallen considerably in the last 6 months. The average price for March is ₱ 9,186,845. During April the price had a considerable reduction till ₱ 5,320,246. During the following two months (May, June) the average price had a considerable reduction of 75 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 166 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of ₱ 10,793,275 they are 74 % more affordable than the average price for Tagbilaran. The properties with the lowest average price have 4 bedrooms, Their price is 56 % cheaper than the average. After that we have properties with 3 bedrooms priced at ₱ 4,124,956.
With regard to the average price per m² , those properties with 2 bedrooms are the cheapest ones at a cost of ₱ 46,265 / m², with an average ₱ 46,959 / m² price in Tagbilaran. The properties with the highest average prices have 1 bedroom. They are 129 % more expensive than the average followed by properties with 4 bedrooms with a price at ₱ 47,745 / m².
With regard to the average price based upon the property in Tagbilaran we can see that the cheapest property type is "Farm House" at a price of ₱ 5,236,501, they are 51 % more affordable than the average price of (!PRECIO2!). "Farm House" has the lowest price. This price is 51 % 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 ₱ 36,656 / m². "Farm House" with an average cost of ₱ 36,656 / m² has the lowest price and would be directed at less affluent cities.