The prices in real estate in Guiguinto, in the Bulacan region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.
The price per m² in Guiguinto has increased strongly during the last 6 months. In September, the average price per m² was ₱ 22,004. In the following month the price per m² increased considerably to ₱ 26,408. In the following two months the price per m² has increased 107 %, going from ₱ 24,206 to ₱ 25,895 per m². The price per m² has barely changed in the last two months compared to the average price of the previous four months going from an average price of ₱ 25,050.5 to ₱ 24,172 during January y February
Based upon to the price in Guiguinto (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during September, is ₱ 1,197,655. During October the price went through a considerable rise reaching ₱ 2,171,648. In the following two months the average price has remained the same with regard to the previous two months from ₱ 1,684,651.5 to ₱ 1,740,283. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 85 %, going from ₱ 1,712,467.25 to ₱ 1,455,982.5 in January and February.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of ₱ 1,365,626 they are 3 % more affordable than the average price for Guiguinto. The properties with the lowest average price have 1 bedroom, Their price is 0 % cheaper than the average. After that we have properties with 2 bedrooms priced at ₱ 1,319,786.
With regard to the average price per m² , those properties with 1 bedroom are the cheapest ones at a cost of ₱ 24,192 / m², with an average ₱ 24,192 / m² price in Guiguinto. The properties with the highest average prices have 2 bedrooms. They are 1 % more expensive than the average followed by properties with 1 bedroom with a price at ₱ 24,192 / m².
With regard to the average price based upon the property in Guiguinto we can see that the cheapest property type is "House And Lot" at a price of ₱ 1,365,626, they are 0 % more affordable than the average price of (!PRECIO2!). "House And Lot" has the lowest price. This price is 0 % more affordable than the average price aforementioned.
According to the average area cost by m² the cheapest property type is "House And Lot with an average price of ₱ 24,192 / m². "House And Lot" with an average cost of ₱ 24,192 / m² has the lowest price and would be directed at less affluent cities.