The prices in real estate in Taytay, in the Rizal region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per m² in Taytay has increased during the last 6 months. In February, the average price per m² was ₱ 49,751. In March this price pretty much remained the same at a value of ₱ 52,143 per m². The price for the following two months in (April, May) had a considerable increment of 116 %. 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 ₱ 55,074.5 to ₱ 54,623.5 during June y July
Based upon to the price in Taytay (cities), this has gone up considerably in the last 6 months. The price in February is ₱ 6,367,269, rising in March till ₱ 7,058,951. During the following two months (April, May) the average price had a considerable increase of 122 % 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 123 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of ₱ 8,540,075 they are 64 % more affordable than the average price for Taytay. The properties with the highest average price have 4 bedrooms, Their price is 13 % more costly than the average. After that we have properties with 3 bedrooms priced at ₱ 8,042,717.
With regard to the average price per m² , those properties with 2 bedrooms are the cheapest ones at a cost of ₱ 46,586 / m², with an average ₱ 52,317 / m² price in Taytay. The properties with the highest average prices have 1 bedroom. They are 79 % more expensive than the average followed by properties with 3 bedrooms with a price at ₱ 68,293 / m².
The graph displaying the average prices displays the property type "Condominium" as the most affordable one. At an cost of ₱ 8,540,075 it is 55 % cheaper than the average price in Taytay. "Townhouse" is seen as the second most affordable property type. The dearest property type is "Lot" followed by "House". At a price of ₱ 9,191,036 it is 16 % more expensive than the average price.
According to the average cost per m², the cheapest property type is "Lot" at an average cost of ₱ 24,340 / m² followed by "House And Lot" priced at ₱ 39,389 / m². "House" is the most costly type of property with a ₱ 62,492 / m² cost followed by "Townhouse" with an average price of ₱ 50,112 / m².