The average price in the Bulacan region has had an strong increase in recent months. There has been a strong inflation in the prices in this region.
The price per m² in Bulacan has increased strongly in the last 6 months. During November, the average price per m² was ₱ 30,713. The following month (December) the price had a considerable increase reaching ₱ 35,500 per m². The price per m² for the following two months practically stayed the same, going from ₱ 33,106.5 to ₱ 31,877 per m². In the last two months, the price per m² has had a significant increase of 124 %. This has been obtained by comparing the price of ₱ 32,491.75 for the first four months of the sample with regard to the previous 4 months and the price of ₱ 40,137.5 per m² for the last two months (March, April).
Based upon to the price in Bulacan(region), this has increased in the last 6 months. In the first month sample for November the average price is ₱ 2,469,639. During December it went through a strong inflation reaching ₱ 2,942,504 The average price for the following two months (January, February) decreased 92 % compared to the prior two. During the last two months the price has risen 114 % compared to the previous average values going from ₱ 2,592,483.25 a ₱ 2,942,771 in March and April.
The graph displaying the the average price per number of bedrooms shows that those with 2 bedrooms are the cheapest ones. They are 29 % more affordable than the average price in Bulacan followed by those with 1 with an average price of ₱ 3,842,143. The most costly properties have 4 bedrooms. They are 91 % more expensive than the average followed by those properties with 3 bedrooms priced at ₱ 4,033,990.
Based on the average price per m² those properties with 2 bedrooms are the dearest ones with a price of ₱ 38,462 / m² being ₱ 36,875 / m² the average value within the Bulacan region. The properties with the most expensive average price are those with 1 bedroom. These are 235 % more costly than the average followed by those with 3 bedrooms with a price of ₱ 43,617 / m².
The graph displaying the average price according to the property type shows "House And Lot" as the cheapest one. With an average cost of ₱ 2,843,593 it is 37 % more affordable than the average in Bulacan. This is followed by "House" with a price of ₱ 2,513,884. The dearest property type is "Commercial Lot" and is 749 % more expensive than the average, followed by "Lot" with a cost of ₱ 8,191,765.
Based on the average cost per m² the cheapest property type is "Lot with a an average cost of ₱ 16,671 / m², followed by "House" with a price of ₱ 31,362 / m². "Condominium" with an average price of ₱ 197,528 / m² is the most costly type of property followed by "Townhouse" at a price of ₱ 49,702 / m².
