The prices in real estate in Santa Rosa, in the Laguna 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 Santa Rosa has increased strongly during the last 6 months. In September, the average price per m² was ₱ 43,759. In the following month the price per m² increased considerably to ₱ 51,381. The price for the following two months in (November, December) had a considerable increment of 142 %. The price per m² has had a considerable increase of 182 % 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 ₱ 57,469.75 to ₱ 104,459 during January, and February.
Based upon to the price in Santa Rosa (cities), this has fallen considerably in the last 6 months. The average price for September is ₱ 13,380,130. During October the price had a slight fall till ₱ 12,614,802. During the following two months (November, December) the average price fell 90 % 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 ₱ 12,321,967 to ₱ 6,938,241.5, which means a 56 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of ₱ 6,314,938 they are 59 % more affordable than the average price for Santa Rosa. The properties with the highest average price have 4 bedrooms, Their price is 100 % more costly than the average. After that we have properties with 3 bedrooms priced at ₱ 7,294,942.
With regard to the average price per m² , those properties with 2 bedrooms are the cheapest ones at a cost of ₱ 42,054 / m², with an average ₱ 114,184 / m² price in Santa Rosa. The properties with the highest average prices have 1 bedroom. They are 17 % more expensive than the average followed by properties with 4 bedrooms with a price at ₱ 60,773 / m².
The graph displaying the average prices displays the property type "Condominium" as the most affordable one. At an cost of ₱ 6,314,938 it is 26 % cheaper than the average price in Santa Rosa. "Apartment" is seen as the second most affordable property type. The dearest property type is "Commercial Lot" followed by "Lot". At a price of ₱ 10,424,970 it is 1711 % more expensive than the average price.
According to the average cost per m², the cheapest property type is "Lot" at an average cost of ₱ 36,098 / m² followed by "House" priced at ₱ 54,701 / m². "Condominium" is the most costly type of property with a ₱ 142,452 / m² cost followed by "Commercial Lot" with an average price of ₱ 107,409 / m².