Median price of homes sold in Philippines at P3.46 million in Q3 2025 —BSP report

Midway price of all types of housing units or homes sold in the Philippines stood at P3,462,235 as of the third quarter of 2025, Bangko Sentral ng Pilipinas (BSP) data on Residential Property Price Index (RRPI) show.

The figure was slightly lower compared to the median price for condominium units at P3,469,830, but higher than the median price for houses at P3,292,100.

The BSP’s RRPI data also showed that the midway price of all housing units —condominium and houses— in the National Capital Region (NCR) amounted to P5,000,000 —the highest median price of all homes in the country.

Likewise, Metro Manila houses recorded the highest median price at P7,365,600 during the period as well as the highest midway price for condominium units at P4,719,518.

In areas outside NCR, the median price for all types of homes was at P3,383,524 with condominium units’ median price amounting to P3,405,940 and houses at P3,164,000.

In other areas in the country, the median price for homes stood at P2,840,134 with condominium units amounting to P3,973,897 and houses standing at P2,666,193.

For Balance Greater Manila Area, the midway price of all homes amounted to P3,400,545 with condominium units standing at P3,405,870 and houses at P3,360,000.

In Metro Cebu, the median price of all housing units amounted to P3,596,633 with condominium units at P3,452,900 and houses at P3,975,000.

For Metro Mindanao, the median price of all housing units stood at P3,230,927 with condominium units amounting to P3,342,913 and houses at P2,989,385.

During the third quarter of 2025, home prices in the country grew by 1.9%, marking its slowest growth on record since the BSP began releasing the residential real estate prices in 2016.

By location, residential property prices in NCR led the overall increase, posting a 2.3% growth. 

Meanwhile, property prices in areas outside the NCR grew by 1.6% during the period.

By housing type, trends were mixed, according to the BSP.

House prices —single-attached or detached units, apartments, townhouses, and duplexes— saw an increase of 1.9% while condominium unit prices grew by 1.4%.

The RPPI is a measure of the average change in the prices of various types of housing units, i.e., single-detached/attached houses, duplex housing units, townhouses, and condominium units, based on banks' data on actual mortgage loans granted to acquire new housing units.—LDF, GMA Integrated News