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 August, the average price per m² was ₱ 60,253. In September this price pretty much remained the same at a value of ₱ 60,096 per m². The price for the following two months in (October, November) decreased 89 % with regard to the prior two months. The price per m² has increased 105 % 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 ₱ 56,993 to ₱ 59,995 during December, and January.
Based upon to the price in Teresa (cities), these have remained the same in the last 6 months. In our first sample month during August, the average price is ₱ 4,431,702. In September This price remains at ₱ 4,446,000. In the following two months the average price has remained the same with regard to the previous two months from ₱ 4,438,851 to ₱ 4,268,171. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of ₱ 4,353,511 and ₱ 4,542,195 between December and January.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of ₱ 4,589,226 they are 41 % more affordable than the average price for Teresa. The properties with the highest average price have 4 bedrooms, Their price is 29 % more costly than the average. After that we have properties with 3 bedrooms priced at ₱ 5,584,460.
With regard to the average price per m² , those properties with 1 bedroom are the cheapest ones at a cost of ₱ 51,088 / m², with an average ₱ 61,738 / m² price in Teresa. The properties with the highest average prices have 3 bedrooms. They are 1 % more expensive than the average followed by properties with 4 bedrooms with a price at ₱ 55,873 / m².
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of ₱ 4,589,226 it is 75 % cheaper than the average price in Teresa. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Townhouse". At a price of ₱ 1,152,900 it is 0 % more affordable than the average price.
According to the average cost per m², the cheapest property type is "Townhouse" at an average cost of ₱ 25,173 / m² followed by "House" priced at ₱ 61,012 / m². "House" is the cheapest type of property with a ₱ 61,012 / m² value followed by "Townhouse" with an average price of ₱ 25,173 / m².