Aomori Apartment market overview [Show ]

The average price of a sq.m Apartment of Aomori was 191,535 JPY/sq.m, and the median price was 154,000 JPY/sq.m.

The highest Apartment market value is JR at 152,000 JPY/sq.m. On the other hand, those with the lowest market value is Shinkansen at 120,000 JPY/sq.m.

In accordance with the aging of buildings, the area whose values were most likely to decline was the Aomori-Shi at -65.3% (The rate of decline after 30 years). On the other hand, market values along the Hirosaki-Shi was the most resistant to decline at -55.2% (The same rate).

In accordance with the aging of buildings, the stations whose values were most likely to decline was the Shinkansen at -70.3% (The rate of decline after 30 years). On the other hand, market values along the Konan Railway was the most resistant to decline at -55.2% (The same rate).

Data regarding the market value and its changes were calculated using data on the sales of 465 properties provided by the MLIT Japan.

Value:

Unit:

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Market value

AreaAverage Trading PriceAverage Unit Price
Aomori-Shi [Land utilization ]12,054,128 JPY198,893 JPY/sq.m
Hirosaki-Shi [Land utilization ]11,845,918 JPY180,413 JPY/sq.m
Hachinohe-Shi [Land utilization ]10,888,000 JPY181,255 JPY/sq.m
StationsAverage Trading PriceAverage Unit Price
JR [Land utilization ]11,355,389 JPY188,892 JPY/sq.m
Konan Railway [Land utilization ]11,845,918 JPY180,413 JPY/sq.m
Shinkansen [Land utilization ]8,907,143 JPY112,378 JPY/sq.m
Other [Land utilization ]11,757,143 JPY196,164 JPY/sq.m