The prices in real estate in Tanza, in the Cavite 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 Tanza has fallen in the last 6 months. In October, the average price per m² was ₱ 50,959. In November this price pretty much remained the same at a value of ₱ 49,845 per m². The price for the following two months in (December, January) decreased 91 % with regard to the prior two months. The price per m² has had a considerable deflation of 81 % 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 ₱ 48,050.75 to ₱ 39,015 during February, and March.
Based upon to the price in Tanza (cities), this has gone up in the last 6 months. The average price during our first sample month during October, is ₱ 3,180,998. During November the price went through a considerable rise reaching ₱ 4,206,617. In the following two months the average price has remained the same with regard to the previous two months from ₱ 3,693,807.5 to ₱ 3,635,699. During the last two months the average price has had a strong fall compared to the previous four going from ₱ 3,664,753.25 to ₱ 2,655,034, which means a 72 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of ₱ 2,452,761 they are 39 % more affordable than the average price for Tanza. The properties with the highest average price have 4 bedrooms, Their price is 416 % more costly than the average. After that we have properties with 1 bedroom priced at ₱ 3,927,267.
With regard to the average price per m² , those properties with 2 bedrooms are the cheapest ones at a cost of ₱ 31,119 / m², with an average ₱ 37,884 / m² price in Tanza. The properties with the highest average prices have 1 bedroom. They are 227 % more expensive than the average followed by properties with 4 bedrooms with a price at ₱ 86,867 / m².
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of ₱ 2,452,761 it is 25 % cheaper than the average price in Tanza. "House And Lot" is seen as the second most affordable property type. The dearest property type is "Commercial Lot" followed by "Lot". At a price of ₱ 13,559,076 it is 3606 % more expensive than the average price.
According to the average cost per m², the cheapest property type is "Lot" at an average cost of ₱ 11,488 / m² followed by "House" priced at ₱ 32,502 / m². "Apartment" is the most costly type of property with a ₱ 86,482 / m² cost followed by "Commercial Lot" with an average price of ₱ 46,836 / m².
