Ibaraki Apartment market overview [Show ]

The average price of a sq.m Apartment of Ibaraki was 201,891 JPY/sq.m, and the median price was 189,974 JPY/sq.m.

The highest Apartment market value is JR at 163,333 JPY/sq.m. On the other hand, those with the lowest market value is Kanto Railway at 106,076 JPY/sq.m.

In accordance with the aging of buildings, the area whose values were most likely to decline was the Koga-Shi at -63.4% (The rate of decline after 30 years). On the other hand, market values along the Tsukuba-Shi was the most resistant to decline at -19.9% (The same rate).

In accordance with the aging of buildings, the stations whose values were most likely to decline was the Kanto Railway at -61.8% (The rate of decline after 30 years). On the other hand, market values along the JR was the most resistant to decline at -53.7% (The same rate).

Data regarding the market value and its changes were calculated using data on the sales of 2,224 properties provided by the MLIT Japan.

Value:

Unit:

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Market value

AreaAverage Trading PriceAverage Unit Price
Mito-Shi [Land utilization ]16,321,429 JPY238,168 JPY/sq.m
Hitachi-Shi [Land utilization ]18,035,294 JPY253,326 JPY/sq.m
Tsuchiura-Shi [Land utilization ]11,724,609 JPY168,295 JPY/sq.m
Koga-Shi [Land utilization ]10,732,143 JPY164,642 JPY/sq.m
Ryugasaki-Shi [Land utilization ]7,037,209 JPY106,203 JPY/sq.m
Toride-Shi [Land utilization ]6,851,216 JPY102,358 JPY/sq.m
Ushiku-Shi [Land utilization ]16,098,361 JPY220,992 JPY/sq.m
Tsukuba-Shi [Land utilization ]25,238,333 JPY302,558 JPY/sq.m
Hitachinaka-Shi [Land utilization ]13,512,414 JPY202,758 JPY/sq.m
Moriya-Shi [Land utilization ]23,904,762 JPY313,286 JPY/sq.m
Tsukubamirai-Shi [Land utilization ]18,500,000 JPY258,420 JPY/sq.m
StationsAverage Trading PriceAverage Unit Price
JR [Land utilization ]12,515,068 JPY180,372 JPY/sq.m
Kanto Railway [Land utilization ]10,510,093 JPY147,382 JPY/sq.m
Other [Land utilization ]21,384,630 JPY280,456 JPY/sq.m