The average price in the Danao City region has had a slight increase in recent months. There has been an inflation in the prices in this region.
The price per m² in Danao City has increased in the last 6 months. During October, the average price per m² was ₱ 57,333. The following month (November) the price increased to ₱ 63,871 per m². The following two months (December, January) went through an increase of 110 % in the price per m² rising from ₱ 60,602 to ₱ 66,598.5 per m². In the last two months, the price per m² has decreased 90 %. This has been obtained by comparing the price ₱ 63,600.25 for the first four months of the sample with regard to the previous 4 months and the price ₱ 57,368.5 per m² for the last two months (February, March).
Based upon to the price in Danao City(region), this has increased in the last 6 months. The average price in October is ₱ 6,979,028. In November the price increased to ₱ 7,956,040. In the following two months the average price didn't change much compared to the previous two going from ₱ 7,467,534 to ₱ 7,499,867. During the last two months the average price has remained stagnant and has gone from ₱ 7,483,700.5 to ₱ 7,109,637.5 during February and March.
The graph displaying the the average price per number of bedrooms shows that those with 1 bedroom are the cheapest ones. They are 6 % more affordable than the average price in Danao City followed by those with 3 with an average price of ₱ 7,938,608. The most costly properties have 2 bedrooms. They are 25 % more expensive than the average followed by those properties with 4 bedrooms priced at ₱ 8,281,430.
Based on the average price per m² those properties with 4 bedrooms are the cheapest ones with a price of ₱ 49,391 / m² being ₱ 56,576 / m² the average value within the Danao City region. The properties with the most expensive average price are those with 1 bedroom. These are 37 % more costly than the average followed by those with 2 bedrooms with a price of ₱ 69,153 / m².
The graph displaying the average price according to the property type shows "House" as the cheapest one. With an average cost of ₱ 7,248,002 it is 21 % more affordable than the average in Danao City. This is followed by "Villa" with a price of ₱ 9,274,870. The dearest property type is "Villa" and is 28 % more expensive than the average, followed by "House" with a cost of ₱ 5,703,557.
Based on the average cost per m² the cheapest property type is "House with a an average cost of ₱ 49,928 / m², followed by "Villa" with a price of ₱ 65,207 / m². "Villa" with an average price of ₱ 65,207 / m² is the most costly type of property followed by "House" at a price of ₱ 49,928 / m².
