The prices in real estate in Talisay, in the Cebu 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 Talisay has remained the same in the last 6 months. In September, the average price per m² was ₱ 58,290. In October this price pretty much remained the same at a value of ₱ 55,779 per m². In the following two months the price per m² has barely changed, going from ₱ 57,034.5 to ₱ 55,444 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 ₱ 56,239.25 to ₱ 55,248 during January y February
Based upon to the price in Talisay (cities), this has fallen considerably in the last 6 months. In our first sample month during September, the average price is ₱ 12,940,180. In October This price remains at ₱ 12,880,177. During the following two months (November, December) the average price had a considerable reduction of 67 % 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 ₱ 10,790,989 to ₱ 8,468,004, which means a 78 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of ₱ 8,350,768 they are 60 % more affordable than the average price for Talisay. The properties with the highest average price have 4 bedrooms, Their price is 56 % more costly than the average. After that we have properties with 3 bedrooms priced at ₱ 6,502,909.
With regard to the average price per m² , those properties with 3 bedrooms are the most costly ones at a cost of ₱ 58,360 / m², with an average ₱ 54,107 / m² price in Talisay. The properties with the highest average prices have 1 bedroom. They are 86 % more expensive than the average followed by properties with 2 bedrooms with a price at ₱ 74,077 / m².
The graph displaying the average prices displays the property type "Lot" as the most affordable one. At an cost of ₱ 8,350,768 it is 63 % cheaper than the average price in Talisay. "Condominium" is seen as the second most affordable property type. The dearest property type is "Commercial Lot" followed by "House". At a price of ₱ 14,300,583 it is 328 % more expensive than the average price.
According to the average cost per m², the cheapest property type is "Lot" at an average cost of ₱ 15,079 / m² followed by "Commercial Lot" priced at ₱ 45,504 / m². "Condominium" is the most costly type of property with a ₱ 105,567 / m² cost followed by "Townhouse" with an average price of ₱ 66,184 / m².