The prices in real estate in Angeles City, in the Angeles City region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per m² in Angeles City has had a strong decrease during the last 6 months. In October, the average price per m² was ₱ 71,103. In the following month the price per m² decreased considerably to ₱ 55,918. The price for the following two months in (December, January) decreased 88 % with regard to the prior two months. The price per m² has decreased 86 % 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 ₱ 59,761.25 to ₱ 51,682.5 during February, and March.
Based upon to the price in Angeles City (cities), this has fallen considerably in the last 6 months. The average price for October is ₱ 15,247,829. During November the price had a slight fall till ₱ 14,230,193. During the following two months (December, January) the average price fell 92 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from ₱ 14,168,954 to ₱ 11,626,672, which means a 82 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the most costly ones. At a price of ₱ 6,658,613 they are 10 % more expensive than the average price for Angeles City. Following this ranking we find those properties with 3 at an average price of ₱ 9,288,033. The properties with the highest average price have 4 bedrooms, Their price is 103 % more costly than the average. After that we have properties with 2 bedrooms priced at ₱ 9,891,112.
With regard to the average price per m² , those properties with 4 bedrooms are the most costly ones at a cost of ₱ 58,242 / m², with an average ₱ 29,530 / m² price in Angeles City. The properties with the highest average prices have 1 bedroom. They are 395 % more expensive than the average followed by properties with 2 bedrooms with a price at ₱ 81,535 / m².
The graph displaying the average prices displays the property type "House" as the most costly one. At an cost of ₱ 6,658,613 it is 5 % more expensive than the average price in Angeles City. "Condominium" is seen as the second dearest property type. The dearest property type is "Commercial Lot" followed by "Villa". At a price of ₱ 23,000,000 it is 663 % more expensive than the average price.
According to the average cost per m², the most expensive property type would be "House" at an average cost of ₱ 30,570 / m² followed by "Lot" priced at ₱ 35,859 / m². "Condominium" is the most costly type of property with a ₱ 146,210 / m² cost followed by "Apartment" with an average price of ₱ 87,794 / m².
