The prices in real estate in Danao City, in the Danao City region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per m² in Danao City has increased during the last 6 months. In October, the average price per m² was ₱ 57,333. In the following month the price per m² increased to ₱ 63,871. In the following two months the price per m² has increased 110 %, going from ₱ 60,602 to ₱ 66,598.5 per m². The price per m² has decreased 90 % 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 ₱ 63,600.25 to ₱ 57,368.5 during February, and March.
Based upon to the price in Danao City (cities), this has gone up in the last 6 months. The price in October is ₱ 6,979,028, rising in November till ₱ 7,956,040. In the following two months the average price has remained the same with regard to the previous two months from ₱ 7,467,534 to ₱ 7,499,867. 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 ₱ 7,483,700.5 and ₱ 7,109,637.5 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of ₱ 7,248,002 they are 6 % more affordable than the average price for Danao City. The properties with the highest average price have 2 bedrooms, Their price is 25 % more costly than the average. After that we have properties with 4 bedrooms priced at ₱ 8,281,430.
With regard to the average price per m² , those properties with 4 bedrooms are the cheapest ones at a cost of ₱ 49,391 / m², with an average ₱ 56,576 / m² price in Danao City. The properties with the highest average prices have 1 bedroom. They are 37 % more expensive than the average followed by properties with 2 bedrooms with a price at ₱ 69,153 / m².
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of ₱ 7,248,002 it is 21 % cheaper than the average price in Danao City. "Villa" is seen as the second most affordable property type. The dearest property type is "Villa" followed by "House". At a price of ₱ 5,703,557 it is 28 % more expensive than the average price.
According to the average cost per m², the cheapest property type is "House" at an average cost of ₱ 49,928 / m² followed by "Villa" priced at ₱ 65,207 / m². "Villa" is the most costly type of property with a ₱ 65,207 / m² cost followed by "House" with an average price of ₱ 49,928 / m².
