The average price in the Camarines Sur 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 Camarines Sur has increased strongly in the last 6 months. During November, the average price per m² was ₱ 44,897. The following month (December) the price had a considerable increase reaching ₱ 83,590 per m². In the following two months (January, February) the price per m² has risen strongly to a 146 %. In the last two months, the price per m² has had a significant increase of 127 %. This has been obtained by comparing the price of ₱ 79,038.25 for the first four months of the sample with regard to the previous 4 months and the price of ₱ 100,143 per m² for the last two months (March, April).
Based upon to the price in Camarines Sur(region), these have remained the same in the last 6 months. November has an average price of ₱ 5,738,636. During December the price had a slight deflation till ₱ 5,228,790. The average price for the following two months (January, February) decreased 88 % compared to the prior two. During the last two months the price has had a considerable increase of 127 % with respect to the previous four months going from ₱ 5,156,297.5 a ₱ 6,524,930.5.
The graph displaying the the average price per number of bedrooms shows that those with 2 bedrooms are the cheapest ones. They are 27 % more affordable than the average price in Camarines Sur followed by those with 3 with an average price of ₱ 5,850,000. The most costly properties have 1 bedroom. They are 22 % more expensive than the average followed by those properties with 4 bedrooms priced at ₱ 6,786,400.
Based on the average price per m² those properties with 4 bedrooms are the cheapest ones with a price of ₱ 76,230 / m² being ₱ 88,879 / m² the average value within the Camarines Sur region. The properties with the most expensive average price are those with 1 bedroom. These are 125 % more costly than the average followed by those with 2 bedrooms with a price of ₱ 96,315 / m².
The graph displaying the average price according to the property type shows "Townhouse" as the cheapest one. With an average cost of ₱ 6,469,728 it is 54 % more affordable than the average in Camarines Sur. This is followed by "Apartment" with a price of ₱ 3,366,369. The dearest property type is "Lot" and is 823 % more expensive than the average, followed by "House And Lot" with a cost of ₱ 6,356,083.
Based on the average cost per m² the cheapest property type is "Lot with a an average cost of ₱ 5,419 / m², followed by "Apartment" with a price of ₱ 37,779 / m². "House And Lot" with an average price of ₱ 75,872 / m² is the cheapest type of property followed by "Townhouse" at a price of ₱ 70,537 / m².
