Omoromachi Land average value
Price 56,226,087 JPY
- Dist. from Sta. 11.9 min walk
- Property area 253.6 sq.m
The average price of a sq.m Land of Okinawa Monorail Omoromachi, in 2016 was 276,719 JPY/sq.m. The market value represents an increase of 76,834 JPY (+38.4%) compared to 1 year ago and a transition to a dramatic market. 3 properties exchanged hands ( The market value represents a decrease of 9 (-75.0%) compared to 1 year ago and a transition to a dramatic market.).
The average size of the real estate was 421.7 sq.m (a +151.1% increase compared to the 167.9 sq.m of last year.).
One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving locations relatively near to the station less than six minutes by foot from the station.
Cause of price increases
- A dramatic increase in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 8.3% of total transactions in 2015 and 33.3% of total transactions in 2016)
Causes of price decreases
- A dramatic increase in average distance from the station (representing 10.5 min in 2015 and 14.0 min in 2016; +33.3%)
Omoromachi Land transaction price list
|area||Trading Price||Unit Price||Station||Distance from the station|
|字真嘉比||28,000,000 JPY||487,167 JPY/sq.m||Omoromachi||9 min|
|字真嘉比||27,000,000 JPY||595,041 JPY/sq.m||Omoromachi||9 min|
|字松川||27,000,000 JPY||405,709 JPY/sq.m||Omoromachi||9 min|
|おもろまち||110,000,000 JPY||1,136,364 JPY/sq.m||Omoromachi||9 min|