The average price in the Pangasinan 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 Pangasinan has increased strongly in the last 6 months. During October, the average price per m² was ₱ 27,175. In November the price pretty much stayed the same at ₱ 26,422 per m². In the following two months (December, January) the price per m² has risen strongly to a 119 %. In the last two months, the price per m² has had a significant increase of 157 %. This has been obtained by comparing the price of ₱ 29,333.75 for the first four months of the sample with regard to the previous 4 months and the price of ₱ 46,105 per m² for the last two months (February, March).
Based upon to the price in Pangasinan(region), these have remained the same in the last 6 months. In the first month sample October the average price is ₱ 7,022,010. In November the price was the same at ₱ 6,855,763. The average price for the following two months (December, January) increased from ₱ 6,938,886.5 to ₱ 7,294,462. During the last two months the average price has remained stagnant and has gone from ₱ 7,116,674 to ₱ 6,797,860.5 during 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 61 % more affordable than the average price in Pangasinan followed by those with 2 with an average price of ₱ 4,492,684. The most costly properties have 4 bedrooms. They are 141 % more expensive than the average followed by those properties with 3 bedrooms priced at ₱ 5,255,700.
Based on the average price per m² those properties with 3 bedrooms are the cheapest ones with a price of ₱ 37,533 / m² being ₱ 54,688 / m² the average value within the Pangasinan region. The properties with the most expensive average price are those with 1 bedroom. These are 137 % more costly than the average followed by those with 2 bedrooms with a price of ₱ 87,265 / m².
The graph displaying the average price according to the property type shows "Condominium" as the cheapest one. With an average cost of ₱ 6,811,680 it is 58 % more affordable than the average in Pangasinan. This is followed by "House" with a price of ₱ 7,388,382. The dearest property type is "Commercial Lot" and is 56 % more expensive than the average, followed by "Lot" with a cost of ₱ 10,106,630.
Based on the average cost per m² the cheapest property type is "Lot with a an average cost of ₱ 7,983 / m², followed by "House" with a price of ₱ 41,961 / m². "Condominium" with an average price of ₱ 135,859 / m² is the most costly type of property followed by "Commercial Lot" at a price of ₱ 91,276 / m².
