The average price in the Misamis Oriental 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 Misamis Oriental has increased strongly in the last 6 months. During October, the average price per m² was ₱ 56,327. In November the price pretty much stayed the same at ₱ 57,487 per m². In the following two months (December, January) the price per m² has risen strongly to a 127 %. In the last two months, the price per m² has had a significant increase of 140 %. This has been obtained by comparing the price of ₱ 64,466.75 for the first four months of the sample with regard to the previous 4 months and the price of ₱ 90,511 per m² for the last two months (February, March).
Based upon to the price in Misamis Oriental(region), this has increased considerably in the last 6 months. In the first month sample October the average price is ₱ 6,987,898. In November the price was the same at ₱ 7,036,248. The price in the following months (December, January) had a strong increment of 146 % going from ₱ 7,012,073 to ₱ 10,261,473. During the last two months the price has reduced 85 % compared to the previous average values going from ₱ 8,636,773 a ₱ 7,357,919.5 in February and March.
The graph displaying the the average price per number of bedrooms shows that those with 1 bedroom are the cheapest ones. They are 53 % more affordable than the average price in Misamis Oriental followed by those with 2 with an average price of ₱ 6,954,186. The most costly properties have 4 bedrooms. They are 64 % more expensive than the average followed by those properties with 3 bedrooms priced at ₱ 8,246,761.
Based on the average price per m² those properties with 4 bedrooms are the dearest ones with a price of ₱ 93,992 / m² being ₱ 80,027 / m² the average value within the Misamis Oriental region. The properties with the most expensive average price are those with 1 bedroom. These are 84 % more costly than the average followed by those with 2 bedrooms with a price of ₱ 120,437 / m².
The graph displaying the average price according to the property type shows "Townhouse" as the cheapest one. With an average cost of ₱ 7,961,516 it is 12 % more affordable than the average in Misamis Oriental. This is followed by "Condominium" with a price of ₱ 8,368,109. The dearest property type is "Commercial Lot" and is 510 % more expensive than the average, followed by "Lot" with a cost of ₱ 14,235,396.
Based on the average cost per m² the cheapest property type is "Lot with a an average cost of ₱ 11,076 / m², followed by "Commercial Lot" with a price of ₱ 24,600 / m². "Condominium" with an average price of ₱ 207,512 / m² is the most costly type of property followed by "Townhouse" at a price of ₱ 77,708 / m².
