The prices in real estate in Talisay, in the Cebu region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per m² in Talisay has had a strong decrease during the last 6 months. In April, the average price per m² was ₱ 51,911. In the following month the price per m² decreased to ₱ 48,044. In the following two months the price per m² has increased 105 %, going from ₱ 49,977.5 to ₱ 52,517.5 per m². The price per m² has had a considerable deflation of 59 % 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 ₱ 51,247.5 to ₱ 29,984.5 during August, and September.
Based upon to the price in Talisay (cities), this has gone downing the last 6 months. The average price for April is ₱ 7,697,570. During May the price had a slight fall till ₱ 6,690,754. During the following two months (June, July) the price has had an average incrementation from ₱ 7,194,162 to ₱ 7,860,539. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 89 %, going from ₱ 7,527,350.5 to ₱ 6,686,388.5 in August and September.