The prices in real estate in Bacoor, in the Cavite region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per m² in Bacoor has remained the same in the last 6 months. In October, the average price per m² was ₱ 59,953. In November this price pretty much remained the same at a value of ₱ 61,318 per m². The price for the following two months in (December, January) had a considerable increment of 124 %. The price per m² has had a considerable deflation of 70 % 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 ₱ 67,917.5 to ₱ 47,619 during February, and March.
Based upon to the price in Bacoor (cities), these have remained the same in the last 6 months. The average price during our first sample month during October, is ₱ 6,903,843. During November the price went through a considerable rise reaching ₱ 8,448,959. During the following two months (December, January) the price has had an average incrementation from ₱ 7,676,401 to ₱ 8,479,932. During the last two months the average price has had a strong fall compared to the previous four going from ₱ 8,078,166.5 to ₱ 3,780,186, which means a 47 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of ₱ 2,880,699 they are 37 % more affordable than the average price for Bacoor. The properties with the highest average price have 4 bedrooms, Their price is 193 % more costly than the average. After that we have properties with 1 bedroom priced at ₱ 5,150,945.
With regard to the average price per m² , those properties with 2 bedrooms are the most costly ones at a cost of ₱ 33,607 / m², with an average ₱ 32,884 / m² price in Bacoor. The properties with the highest average prices have 1 bedroom. They are 351 % more expensive than the average followed by properties with 4 bedrooms with a price at ₱ 54,765 / m².
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of ₱ 2,880,699 it is 8 % cheaper than the average price in Bacoor. "Townhouse" is seen as the second most affordable property type. The dearest property type is "Condominium" followed by "Commercial Lot". At a price of ₱ 23,292,236 it is 897 % more expensive than the average price.
According to the average cost per m², the cheapest property type is "House" at an average cost of ₱ 32,299 / m² followed by "Commercial Lot" priced at ₱ 43,244 / m². "Condominium" is the most costly type of property with a ₱ 202,938 / m² cost followed by "House And Lot" with an average price of ₱ 75,602 / m².
