The average price in the La Union 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 La Union has increased strongly in the last 6 months. During October, the average price per m² was ₱ 17,434. The following month (November) the price had a considerable deflation reaching ₱ 13,299 per m². In the following two months (December, January) the price per m² has risen strongly to a 193 %. In the last two months, the price has stayed the same with regard to the average value for the last 4 months going from an average price per m² of ₱ 22,535 to ₱ 21,862 during February and March.
Based upon to the price in La Union(region), this has decreased considerably in the last 6 months. October has an average price of ₱ 25,385,267. During November the price had a strong deflation till ₱ 17,035,738. The price in the following months (December, January) had a strong increment of 122 % going from ₱ 21,210,502 to ₱ 25,810,594. During the last two months the price has had a considerable reduction of 52 % with respect to the previous four months going from ₱ 23,510,548 a ₱ 12,237,493.
The graph displaying the the average price per number of bedrooms shows that those with 1 bedroom are the cheapest ones. They are 78 % more affordable than the average price in La Union followed by those with 2 with an average price of ₱ 3,511,768. The cheapest properties have 4 bedrooms. They are 19 % cheaper than the average followed by those properties with 3 bedrooms priced at ₱ 8,997,746.
Based on the average price per m² those properties with 3 bedrooms are the dearest ones with a price of ₱ 30,768 / m² being ₱ 22,189 / m² the average value within the La Union region. The properties with the most expensive average price are those with 2 bedrooms. These are 127 % more costly than the average followed by those with 4 bedrooms with a price of ₱ 35,182 / m².
The graph displaying the average price according to the property type shows "Condominium" as the cheapest one. With an average cost of ₱ 11,451,326 it is 40 % more affordable than the average in La Union. This is followed by "House" with a price of ₱ 8,289,747. The dearest property type is "Villa" and is 132 % more expensive than the average, followed by "Commercial Lot" with a cost of ₱ 13,892,859.
Based on the average cost per m² the cheapest property type is "Lot with a an average cost of ₱ 2,111 / m², followed by "Commercial Lot" with a price of ₱ 2,659 / m². "Condominium" with an average price of ₱ 162,298 / m² is the most costly type of property followed by "House" at a price of ₱ 36,828 / m².
