The prices in real estate in Quezon, in the Quezon region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per m² in Quezon has remained the same in the last 6 months. In October, the average price per m² was ₱ 160,458. In the following month the price per m² decreased to ₱ 139,636. In the following two months the price per m² has barely changed, going from ₱ 150,047 to ₱ 156,623.5 per m². The price per m² has barely changed in the last two months compared to the average price of the previous four months going from an average price of ₱ 153,335.25 to ₱ 159,607 during February y March
Based upon to the price in Quezon (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during October, is ₱ 5,166,667. During November the price went through a considerable rise reaching ₱ 6,220,000. During the following two months (December, January) the average price had a considerable increase of 733 % 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 302 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the cheapest ones. At a price of ₱ 65,516,667 they are 93 % more affordable than the average price for Quezon. The properties with the lowest average price have 4 bedrooms, Their price is 85 % cheaper than the average. After that we have properties with 2 bedrooms priced at ₱ 6,109,290.
With regard to the average price per m² , those properties with 4 bedrooms are the cheapest ones at a cost of ₱ 61,261 / m², with an average ₱ 152,633 / m² price in Quezon. The properties with the highest average prices have 1 bedroom. They are 5 % more expensive than the average followed by properties with 2 bedrooms with a price at ₱ 144,702 / m².
The graph displaying the average prices displays the property type "Condominium" as the most affordable one. At an cost of ₱ 65,516,667 it is 94 % cheaper than the average price in Quezon. "Townhouse" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Farm House". At a price of ₱ 6,397,372 it is 90 % more affordable than the average price.
According to the average cost per m², the cheapest property type is "House" at an average cost of ₱ 60,066 / m² followed by "Farm House" priced at ₱ 61,759 / m². "Condominium" is the most costly type of property with a ₱ 157,079 / m² cost followed by "Townhouse" with an average price of ₱ 64,555 / m².
