The prices in real estate in Castillejos, in the Zambales region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per m² in Castillejos has fallen in the last 6 months. In October, the average price per m² was ₱ 134,432. In the following month the price per m² increased to ₱ 142,926. The price for the following two months in (December, January) had a considerable decrease of 83 with regard to the prior two months. The price per m² has had a considerable deflation of 82 % 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 ₱ 127,008.5 to ₱ 103,861.5 during February, and March.
Based upon to the price in Castillejos (cities), this has gone downing the last 6 months. In our first sample month during October, the average price is ₱ 8,228,078. In November This price remains at ₱ 8,382,667. In the following two months the average price has remained the same with regard to the previous two months from ₱ 8,305,372.5 to ₱ 8,357,156. During the last two months the average price has had a strong fall compared to the previous four going from ₱ 8,331,264 to ₱ 6,233,468.5, which means a 75 % fall.
