The prices in real estate in San Jose Del Monte, in the Bulacan 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 San Jose Del Monte has increased strongly during the last 6 months. In October, the average price per m² was ₱ 50,051. In the following month the price per m² decreased to ₱ 43,478. The price for the following two months in (December, January) had a considerable increment of 149 %. The price per m² has had a considerable increase of 191 % 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 ₱ 58,247.25 to ₱ 111,473.5 during February, and March.
Based upon to the price in San Jose Del Monte (cities), these have remained the same in the last 6 months. The average price during our first sample month during October, is ₱ 6,873,358. During November the price went through a considerable rise reaching ₱ 11,607,459. During the following two months (December, January) the average price had a considerable reduction of 69 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from ₱ 7,798,096 to ₱ 5,790,375, which means a 74 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the cheapest ones. At a price of ₱ 5,775,797 they are 2 % more affordable than the average price for San Jose Del Monte. The properties with the highest average price have 4 bedrooms, Their price is 50 % more costly than the average. After that we have properties with 1 bedroom priced at ₱ 6,431,409.
With regard to the average price per m² , those properties with 3 bedrooms are the cheapest ones at a cost of ₱ 79,813 / m², with an average ₱ 112,131 / m² price in San Jose Del Monte. The properties with the highest average prices have 1 bedroom. They are 88 % more expensive than the average followed by properties with 2 bedrooms with a price at ₱ 136,817 / m².
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of ₱ 5,775,797 it is 15 % cheaper than the average price in San Jose Del Monte. "House" is seen as the second most affordable property type. The dearest property type is "Lot" followed by "House". At a price of ₱ 5,096,992 it is 4 % more expensive than the average price.
According to the average cost per m², the cheapest property type is "Lot" at an average cost of ₱ 22,967 / m² followed by "Townhouse" priced at ₱ 61,302 / m². "House" is the cheapest type of property with a ₱ 69,902 / m² value followed by "Townhouse" with an average price of ₱ 61,302 / m².
