The prices in real estate in Rodriguez, in the Rizal 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 Rodriguez has fallen in the last 6 months. In October, the average price per m² was ₱ 37,702. In November this price pretty much remained the same at a value of ₱ 38,786 per m². In the following two months the price per m² has barely changed, going from ₱ 38,244 to ₱ 38,479 per m². The price per m² has had a considerable deflation of 77 % 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 ₱ 38,361.5 to ₱ 29,639.5 during February, and March.
Based upon to the price in Rodriguez (cities), this has gone downing the last 6 months. The price in October is ₱ 2,914,266, rising in November till ₱ 3,075,966. During the following two months (December, January) the average price fell 92 % 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 ₱ 2,878,361.75 to ₱ 2,412,999.5, which means a 84 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of ₱ 2,483,335 they are 76 % more affordable than the average price for Rodriguez. The properties with the highest average price have 3 bedrooms, Their price is 57 % more costly than the average. After that we have properties with 4 bedrooms priced at ₱ 2,197,192.
With regard to the average price per m² , those properties with 1 bedroom are the cheapest ones at a cost of ₱ 13,193 / m², with an average ₱ 29,696 / m² price in Rodriguez. The properties with the highest average prices have 3 bedrooms. They are 70 % more expensive than the average followed by properties with 4 bedrooms with a price at ₱ 38,858 / m².
With regard to the average price based upon the property in Rodriguez we can see that the cheapest property type is "House And Lot" at a price of ₱ 2,197,192, they are 12 % more affordable than the average price of (!PRECIO2!). "House And Lot" has the lowest price. This price is 12 % more affordable than the average price aforementioned.
According to the average area price by m² the most costly property type is "House And Lot with an average price of ₱ 38,858 / m². "House And Lot" at an average price of ₱ 38,858 / m² has the most expensive price and would be directed at more affluent cities.
