The prices in real estate in Agoncillo, in the Batangas region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per m² in Agoncillo has had a strong decrease during the last 6 months. In October, the average price per m² was ₱ 120,320. In the following month the price per m² increased to ₱ 133,760. The price for the following two months in (December, January) had a considerable decrease of 60 with regard to the prior two months. The price per m² has increased 107 % 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 ₱ 101,361 to ₱ 108,788 during February, and March.
Based upon to the price in Agoncillo (cities), this has fallen considerably in the last 6 months. The price in October is ₱ 72,013,750, rising in November till ₱ 82,498,333. During the following two months (December, January) the average price had a considerable reduction of 54 % with regard to the previous two months. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of ₱ 59,657,604 and ₱ 59,260,000 between February and March.
