The average price in the Bohol region has had an strong increase in recent months. There has been a strong inflation in the prices in this region.
The price per m² in Bohol has increased strongly in the last 6 months. During October, the average price per m² was ₱ 62,738. In November the price pretty much stayed the same at ₱ 62,397 per m². In the following two months (December, January) the price per m² has risen strongly to a 159 %. In the last two months, the price per m² has had a significant increase of 120 %. This has been obtained by comparing the price of ₱ 81,095.75 for the first four months of the sample with regard to the previous 4 months and the price of ₱ 97,310 per m² for the last two months (February, March).
Based upon to the price in Bohol(region), this has decreased considerably in the last 6 months. In the first month sample October the average price is ₱ 9,007,667. In November the price was the same at ₱ 9,423,156. In the following two months the average price has decreased 57 % compared to the previous two. During the last two months the price has had a considerable reduction of 66 % with respect to the previous four months going from ₱ 7,213,220 a ₱ 4,732,490.5.
The graph displaying the the average price per number of bedrooms shows that those with 2 bedrooms are the cheapest ones. They are 27 % more affordable than the average price in Bohol followed by those with 1 with an average price of ₱ 3,682,266. The most costly properties have 4 bedrooms. They are 176 % more expensive than the average followed by those properties with 3 bedrooms priced at ₱ 6,264,216.
Based on the average price per m² those properties with 2 bedrooms are the cheapest ones with a price of ₱ 60,391 / m² being ₱ 87,471 / m² the average value within the Bohol region. The properties with the most expensive average price are those with 1 bedroom. These are 40 % more costly than the average followed by those with 3 bedrooms with a price of ₱ 68,495 / m².
The graph displaying the average price according to the property type shows "Townhouse" as the cheapest one. With an average cost of ₱ 4,385,698 it is 17 % more affordable than the average in Bohol. This is followed by "Condominium" with a price of ₱ 3,751,921. The dearest property type is "Commercial Lot" and is 900 % more expensive than the average, followed by "Lot" with a cost of ₱ 13,345,713.
Based on the average cost per m² the cheapest property type is "Lot with a an average cost of ₱ 10,010 / m², followed by "Commercial Lot" with a price of ₱ 24,210 / m². "Condominium" with an average price of ₱ 134,033 / m² is the most costly type of property followed by "House And Lot" at a price of ₱ 65,661 / m².
