The prices in real estate in Oslob, 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.
The price per m² in Oslob has increased strongly during the last 6 months. In October, the average price per m² was ₱ 14,387. In November this price pretty much remained the same at a value of ₱ 14,362 per m². The price for the following two months in (December, January) had a considerable increment of 197 %. The price per m² has had a considerable increase of 202 % 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 ₱ 21,338.75 to ₱ 43,100 during February, and March.
Based upon to the price in Oslob (cities), this has gone up considerably in the last 6 months. In our first sample month during October, the average price is ₱ 12,250,000. In November This price remains at ₱ 11,866,667. During the following two months (December, January) the average price had a considerable increase of 151 % 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 187 % during the last two months.
