The prices in real estate in Kawit, in the Cavite region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per m² in Kawit has fallen in the last 6 months. In October, the average price per m² was ₱ 47,222. In the following month the price per m² decreased to ₱ 44,667. The price for the following two months in (December, January) decreased 93 % with regard to the prior two months. The price per m² has had a considerable deflation of 83 % 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 ₱ 44,230 to ₱ 36,877 during February, and March.
Based upon to the price in Kawit (cities), this has fallen considerably in the last 6 months. The average price for October is ₱ 21,593,882. During November the price had a considerable reduction till ₱ 17,350,145. During the following two months (December, January) the average price had a considerable reduction of 48 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from ₱ 14,423,382 to ₱ 4,539,631.5, which means a 31 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of ₱ 3,837,433 they are 54 % more affordable than the average price for Kawit. The properties with the highest average price have 4 bedrooms, Their price is 29 % more costly than the average. After that we have properties with 3 bedrooms priced at ₱ 3,397,639.
With regard to the average price per m² , those properties with 2 bedrooms are the cheapest ones at a cost of ₱ 27,569 / m², with an average ₱ 35,471 / m² price in Kawit. The properties with the highest average prices have 1 bedroom. They are 118 % more expensive than the average followed by properties with 3 bedrooms with a price at ₱ 36,473 / m².
The graph displaying the average prices displays the property type "House And Lot" as the most affordable one. At an cost of ₱ 3,837,433 it is 34 % cheaper than the average price in Kawit. "House" is seen as the second most affordable property type. The dearest property type is "Commercial Lot" followed by "Lot". At a price of ₱ 34,480,652 it is 4978 % more expensive than the average price.
According to the average cost per m², the cheapest property type is "House" at an average cost of ₱ 33,657 / m² followed by "House And Lot" priced at ₱ 35,640 / m². "Commercial Lot" is the most costly type of property with a ₱ 120,725 / m² cost followed by "Lot" with an average price of ₱ 53,651 / m².
