The prices in real estate in Olongapo City, in the Olongapo City 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 Olongapo City has fallen in the last 6 months. In October, the average price per m² was ₱ 87,325. In the following month the price per m² decreased to ₱ 79,680. The price for the following two months in (December, January) had a considerable decrease of 78 with regard to the prior two months. The price per m² has had a considerable increase of 129 % 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 ₱ 74,488.5 to ₱ 95,764 during February, and March.
Based upon to the price in Olongapo City (cities), this has fallen considerably in the last 6 months. The average price for October is ₱ 24,833,333. During November the price had a considerable reduction till ₱ 20,333,333. During the following two months (December, January) the average price fell 87 % 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 ₱ 21,108,332 to ₱ 13,942,500, which means a 66 % fall.
