Aomori Apartment market overview [Show ]

The average price of a sq.m Apartment of Aomori was 196,460 JPY/sq.m, and the median price was 160,000 JPY/sq.m.

The highest Apartment market value is JR at 156,666 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 -62.0% (The rate of decline after 30 years). On the other hand, market values along the Hirosaki-Shi was the most resistant to decline at -52.7% (The same rate).

In accordance with the aging of buildings, the stations whose values were most likely to decline was the Shinkansen at -69.0% (The rate of decline after 30 years). On the other hand, market values along the Konan Railway was the most resistant to decline at -52.7% (The same rate).

Data regarding the market value and its changes were calculated using data on the sales of 488 properties provided by the MLIT Japan.

Value:

Unit:

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Market value

AreaAverage Trading PriceAverage Unit Price
Aomori-Shi12,632,000 JPY205,158 JPY/sq.m
Hirosaki-Shi12,002,083 JPY185,351 JPY/sq.m
Hachinohe-Shi10,404,546 JPY181,164 JPY/sq.m
StationsAverage Trading PriceAverage Unit Price
JR11,798,039 JPY195,619 JPY/sq.m
Konan Railway12,002,083 JPY185,351 JPY/sq.m
Shinkansen8,907,143 JPY112,378 JPY/sq.m
Other12,331,250 JPY202,434 JPY/sq.m