The prices in real estate in San Mateo, in the Rizal region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per m² in San Mateo has had a strong decrease during the last 6 months. In November, the average price per m² was ₱ 32,323. In the following month the price per m² increased to ₱ 34,496. In the following two months the price per m² has barely changed, going from ₱ 33,409.5 to ₱ 32,987.5 per m². The price per m² has had a considerable deflation of 52 % 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 ₱ 33,198.5 to ₱ 17,250.5 during March, and April.
Based upon to the price in San Mateo (cities), this has gone downing the last 6 months. The price in November is ₱ 1,969,206, rising in December till ₱ 2,073,278. In the following two months the average price has remained the same with regard to the previous two months from ₱ 2,021,242 to ₱ 2,087,662.5. During the last two months the average price has had a strong fall compared to the previous four going from ₱ 2,054,452.25 to ₱ 1,168,945.5, which means a 57 % fall.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 0 % cheaper than the average price of ₱ 2,337,891 in San Mateo. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 0 % more affordable than the average aforementioned.
With regard to the average prices per m² those properties with 1 bedroom are 0 % cheaper than the average price of (₱ 34,501 / m²) in San Mateo. Properties with the most affordable price based upon to the number of bedrooms / m² are those with 1 bedroom. They are 0 % cheaper than the average value aforementioned.
With regard to the average price based upon the property in San Mateo we can see that the cheapest property type is "House And Lot" at a price of ₱ 2,337,891, 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 ₱ 34,501 / m². "House And Lot" with an average cost of ₱ 34,501 / m² has the lowest price and would be directed at less affluent cities.