The prices in real estate in San Pedro, in the Laguna 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 San Pedro has fallen in the last 6 months. In October, the average price per m² was ₱ 50,443. In the following month the price per m² decreased considerably to ₱ 41,134. In the following two months the price per m² has barely changed, going from ₱ 45,788.5 to ₱ 46,783.5 per m². The price per m² has increased 112 % 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 ₱ 46,286 to ₱ 51,873.5 during February, and March.
Based upon to the price in San Pedro (cities), this has gone up considerably in the last 6 months. The average price for October is ₱ 7,323,041. During November the price had a slight fall till ₱ 6,821,530. During the following two months (December, January) the average price had a considerable increase of 138 % with regard to the previous two months. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of ₱ 8,413,022 and ₱ 8,477,742 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the cheapest ones. At a price of ₱ 8,481,018 they are 35 % more affordable than the average price for San Pedro. The properties with the highest average price have 4 bedrooms, Their price is 30 % more costly than the average. After that we have properties with 1 bedroom priced at ₱ 9,213,333.
With regard to the average price per m² , those properties with 4 bedrooms are the cheapest ones at a cost of ₱ 46,843 / m², with an average ₱ 49,771 / m² price in San Pedro. The properties with the highest average prices have 1 bedroom. They are 189 % more expensive than the average followed by properties with 2 bedrooms with a price at ₱ 65,609 / m².
The graph displaying the average prices displays the property type "House And Lot" as the most affordable one. At an cost of ₱ 8,481,018 it is 51 % cheaper than the average price in San Pedro. "House" is seen as the second most affordable property type. The dearest property type is "Commercial Lot" followed by "Apartment". At a price of ₱ 25,482,000 it is 1492 % more expensive than the average price.
According to the average cost per m², the cheapest property type is "Lot" at an average cost of ₱ 23,027 / m² followed by "House" priced at ₱ 45,966 / m². "Apartment" is the most costly type of property with a ₱ 134,543 / m² cost followed by "Commercial Lot" with an average price of ₱ 65,746 / m².
