The prices in real estate in Antipolo, in the Rizal region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.
The price per m² in Antipolo has increased strongly during the last 6 months. In October, the average price per m² was ₱ 61,083. In the following month the price per m² decreased to ₱ 56,005. The price for the following two months in (December, January) had a considerable increment of 139 %. The price per m² has had a considerable increase of 129 % 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 ₱ 70,066.5 to ₱ 90,438 during February, and March.
Based upon to the price in Antipolo (cities), this has fallen considerably in the last 6 months. In our first sample month during October, the average price is ₱ 10,263,124. In November This price remains at ₱ 9,890,700. During the following two months (December, January) the average price had a considerable reduction of 66 % 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 ₱ 8,370,844 to ₱ 5,029,655, which means a 60 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the cheapest ones. At a price of ₱ 4,253,056 they are 19 % more affordable than the average price for Antipolo. The properties with the highest average price have 4 bedrooms, Their price is 169 % more costly than the average. After that we have properties with 1 bedroom priced at ₱ 5,918,372.
With regard to the average price per m² , those properties with 3 bedrooms are the cheapest ones at a cost of ₱ 31,282 / m², with an average ₱ 56,954 / m² price in Antipolo. The properties with the highest average prices have 1 bedroom. They are 230 % more expensive than the average followed by properties with 4 bedrooms with a price at ₱ 58,263 / m².
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of ₱ 4,253,056 it is 21 % cheaper than the average price in Antipolo. "Condominium" is seen as the second most affordable property type. The dearest property type is "Commercial Lot" followed by "Lot". At a price of ₱ 12,432,449 it is 1698 % more expensive than the average price.
According to the average cost per m², the cheapest property type is "Lot" at an average cost of ₱ 19,540 / m² followed by "House" priced at ₱ 27,742 / m². "Condominium" is the most costly type of property with a ₱ 120,172 / m² cost followed by "Commercial Lot" with an average price of ₱ 115,631 / m².
