The prices in real estate in Samal, in the Davao Del Norte 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 Samal has increased strongly during the last 6 months. In September, the average price per m² was ₱ 25,719. In the following month the price per m² increased considerably to ₱ 45,282. The price for the following two months in (November, December) decreased 86 % with regard to the prior two months. 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 ₱ 32,946.75 to ₱ 34,328.5 during January y February
Based upon to the price in Samal (cities), this has gone up considerably in the last 6 months. The price in September is ₱ 16,766,713, rising in October till ₱ 18,389,283. During the following two months (November, December) the average price had a considerable increase of 192 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 206 % during the last two months.