The rent prices in real estate in San Mateo, in the Rizal region have fallen considerably in the last couple of months. There has been a strong fall in the rent prices in this city.
The price per m² in San Mateo has had a strong fall during the last 6 months. In October, the average price per m² was ₱ 556. In the following month the price per m² fell considerably to ₱ 278. The price for the following two months in (December, January) had a considerable fall of 21 with regard to the previous two months. The price per m² has risen 111 % 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 ₱ 252.5 to ₱ 281.5 during February, and March.
When referring to the price in San Mateo (cities), this has fallen considerably in the last 6 months. The average price for October is ₱ 33,197. During November the price had a considerable fall till ₱ 26,559. During the following two months (December, January) the average price had a considerable fall of 23 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 268 % during the last two months.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 75 % more affordable than the average price of ₱ 6,540 in San Mateo. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 75 % more affordable than the average aforementioned.
With regard to the average prices per m² those properties with 1 bedroom are 74 % more affordable than the average price of (₱ 61 / m²) in San Mateo. Properties with the most affordable price when referring to the number of bedrooms / m² are those with 1 bedroom. They are 74 % more affordable than the average value aforementioned.
The graph displaying the average rent prices displays the property type "Condominium" as the most affordable one. At an cost of ₱ 26,478 it is 75 % more affordable than the average price in San Mateo. "House" is seen as the second most affordable property type. The most affordable property is "House" followed by "Condominium". At a price of ₱ 6,505 it is 75 % more affordable than the average price.
According to the average cost per m², the most affordable property is "Condominium" at an average price of ₱ 56 / m² followed by "House" priced at ₱ 61 / m². "House" is the most affordable type of property with a ₱ 61 / m² value followed by "Condominium" with an average price of ₱ 56 / m².
