The rent prices in real estate in Santa Rosa, in the Laguna region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.
The price per m² in Santa Rosa has risen strongly during the last 6 months. In October, the average price per m² was ₱ 216.22. In November this price barely changed remaining at ₱ 210.45 per m². The price for the following two months in (December, January) had a considerable rise of 223 %. The price per m² has had a considerable rise of 123 % 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 ₱ 344.52 to ₱ 422.31 during February, and March.
When referring to the price in Santa Rosa (cities), this has risen in the last 6 months. In our first sample month during October, the average price is ₱ 41,468. In November This price remains at ₱ 40,131. In the following two months the average price has hardly changed with regard to the previous two months from ₱ 40,799.5 to ₱ 42,227. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 117 % during the last two months.
The graph displaying the average rent price for bedrooms illustrates that those properties with 2 bedrooms are the most affordable ones. At a price of ₱ 59,329 they are 44 % more affordable than the average price for Santa Rosa . The properties with the highest average price have 4 bedrooms, Their price is 4 % more expensive than the average. After that we have properties with 3 bedrooms priced at ₱ 48,951.
With regard to the average price per m², those properties with 3 bedrooms are the most affordable ones at a cost of ₱ 297 / m², with an average ₱ 424.64 / m² price in Santa Rosa. The properties with the most expensive average prices have 1 bedroom. They are 61 % more expensive than the average followed by properties with 2 bedrooms with a price at ₱ 562 / m².
The graph displaying the average rent prices displays the property type "Commercial Lot" as the most affordable one. At an cost of ₱ 59,329 it is 81 % more affordable than the average price in Santa Rosa. "House And Lot" is seen as the second most affordable property type. The most expensive property type is "Lot" followed by "House". At a price of ₱ 31,093 it is 1 % more expensive than the average price.
According to the average cost per m², the most affordable property is "House" at an average price of ₱ 52 / m² followed by "Commercial Lot" priced at ₱ 240 / m². "Condominium" is the most expensive type of property with a ₱ 873 / m² value followed by "Lot" with an average price of ₱ 310 / m².
