The prices in real estate in Teresa, in the Rizal 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 Teresa has remained the same in the last 6 months. In April, the average price per m² was ₱ 37,573. In the following month the price per m² increased considerably to ₱ 43,237. The price for the following two months in (June, July) decreased 91 % 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 ₱ 38,619 to ₱ 37,916.5 during August y September
Based upon to the price in Teresa (cities), this has gone downing the last 6 months. The price in April is ₱ 2,174,375, rising in May till ₱ 2,301,311. During the following two months (June, July) the average price fell 86 % 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 ₱ 2,085,642.5 to ₱ 1,729,549.5, which means a 83 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 4 bedrooms are the cheapest ones. At a price of ₱ 1,587,959 they are 28 % more affordable than the average price for Teresa. The properties with the highest average price have 1 bedroom, Their price is 15 % more costly than the average. After that we have properties with 3 bedrooms priced at ₱ 1,495,079.
With regard to the average price per m² , those properties with 4 bedrooms are the cheapest ones at a cost of ₱ 29,570 / m², with an average ₱ 36,964 / m² price in Teresa. The properties with the highest average prices have 1 bedroom. They are 69 % more expensive than the average followed by properties with 2 bedrooms with a price at ₱ 31,911 / m².
With regard to the average price based upon the property in Teresa we can see that the cheapest property type is "House And Lot" at a price of ₱ 1,145,259, they are 28 % more affordable than the average price of (!PRECIO2!). "House And Lot" has the lowest price. This price is 28 % more affordable than the average price aforementioned.
According to the average area cost by m² the cheapest property type is "House And Lot with an average price of ₱ 29,570 / m². "House And Lot" with an average cost of ₱ 29,570 / m² has the lowest price and would be directed at less affluent cities.