Property prices for sale in Cebu City (Cebu)

The prices in real estate in Cebu City, in the Cebu 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.

₱ 6,625,459.67
Average price last 6 months
₱ 114,576
Price/m² last 6 months
Average price per m2

The price per m² in Cebu City has increased strongly during the last 6 months. In September, the average price per m² was ₱ 97,496. In October this price pretty much remained the same at a value of ₱ 100,587 per m². In the following two months the price per m² has increased 112 %, going from ₱ 99,041.5 to ₱ 110,741.5 per m². The price per m² has had a considerable increase of 128 % 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 ₱ 104,891.5 to ₱ 133,945 during January, and February.

Average price

Based upon to the price in Cebu City (cities), this has gone downing the last 6 months. The average price for September is ₱ 7,514,094. During October the price had a slight fall till ₱ 6,736,784. During the following two months (November, December) the average price fell 92 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 90 %, going from ₱ 6,846,068 to ₱ 6,184,243.5 in January and February.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of ₱ 5,987,408 they are 2 % more affordable than the average price for Cebu City. The properties with the highest average price have 4 bedrooms, Their price is 107 % more costly than the average. After that we have properties with 3 bedrooms priced at ₱ 9,660,479.

With regard to the average price per m² , those properties with 4 bedrooms are the cheapest ones at a cost of ₱ 75,742 / m², with an average ₱ 133,123 / m² price in Cebu City. The properties with the highest average prices have 1 bedroom. They are 26 % more expensive than the average followed by properties with 2 bedrooms with a price at ₱ 140,903 / m².

Price per property type

The graph displaying the average prices displays the property type "Apartment" as the most costly one. At an cost of ₱ 5,987,408 it is 4 % more expensive than the average price in Cebu City. "Townhouse" is seen as the second dearest property type. The dearest property type is "Lot" followed by "House". At a price of ₱ 15,321,934 it is 308 % more expensive than the average price.

According to the average cost per m², the cheapest property type is "Lot" at an average cost of ₱ 35,255 / m² followed by "House And Lot" priced at ₱ 56,674 / m². "Condominium" is the most costly type of property with a ₱ 154,060 / m² cost followed by "Apartment" with an average price of ₱ 104,951 / m².

Charts data
Average price February
Average price per m² February
Number of properties used in Cebu City
Number of properties used in region Cebu
₱ 5,987,408
₱ 133,123
28,914
53,302
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value