The prices in real estate in General Santos City, in the General Santos City 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 General Santos City has increased strongly during the last 6 months. In September, the average price per m² was ₱ 46,991. In October this price pretty much remained the same at a value of ₱ 44,831 per m². The price for the following two months in (November, December) had a considerable increment of 115 %. The price per m² has had a considerable increase of 123 % 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 ₱ 49,373.25 to ₱ 60,709.5 during January, and February.
Based upon to the price in General Santos City (cities), this has gone up considerably in the last 6 months. The average price for September is ₱ 9,857,155. During October the price had a considerable reduction till ₱ 5,675,573. During the following two months (November, December) the average price had a considerable increase of 156 % 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 risen strongly 195 % during the last two months.