The average price in the Tagbilaran City region has had a strong decrease in recent months. There has been a strong deflation in the prices in this region.
The price per m² in Tagbilaran City has risen considerably in the last 6 months. During October, the average price per m² was ₱ 121,688. In November the price pretty much stayed the same at ₱ 122,120 per m². The following two months (December, January) there has been a deflation of 92 % in the price per m² with regard to the previous two. In the last two months, the price per m² has had a significant decrease of 67 %. This has been obtained by comparing the price of ₱ 117,280 for the first four months of the sample with regard to the previous 4 months and the price of ₱ 78,024.5 per m² for the last two months (February, March).
Based upon to the price in Tagbilaran City(region), this has decreased considerably in the last 6 months. October has an average price of ₱ 13,496,805. During November the price had a slight deflation till ₱ 12,588,823. In the following two months the average price didn't change much compared to the previous two going from ₱ 13,042,814 to ₱ 12,778,806. During the last two months the price has had a considerable reduction of 66 % with respect to the previous four months going from ₱ 12,910,810 a ₱ 8,568,576.
The graph displaying the the average price per number of bedrooms shows that those with 1 bedroom are the dearest ones. They are 40 % more expensive than the average price in Tagbilaran City followed by those properties with 2 with an average price of ₱ 10,752,608. The most costly properties have 4 bedrooms. They are 247 % more expensive than the average followed by those properties with 3 bedrooms priced at ₱ 17,098,856.
Based on the average price per m² those properties with 4 bedrooms are the dearest ones with a price of ₱ 71,643 / m² being ₱ 52,852 / m² the average value within the Tagbilaran City region. The properties with the most expensive average price are those with 1 bedroom. These are 253 % more costly than the average followed by those with 2 bedrooms with a price of ₱ 154,562 / m².
The graph displaying the average price according to the property type shows "House" as the most costly one. With an average cost of ₱ 5,062,428 it is 16 % more expensive than the average in Tagbilaran City. This is followed by "Apartment" with a price of ₱ 6,467,385. The dearest property type is "Lot" and is 161 % more expensive than the average, followed by "House And Lot" with a cost of ₱ 11,425,462.
Based on the average cost per m² the cheapest property type is "Lot with a an average cost of ₱ 21,106 / m², followed by "House" with a price of ₱ 46,429 / m². "Condominium" with an average price of ₱ 229,466 / m² is the most costly type of property followed by "Apartment" at a price of ₱ 145,334 / m².
