Iwate Apartment market overview [Show ]

The average price of a sq.m Apartment of Iwate was 203,694 JPY/sq.m, and the median price was 200,000 JPY/sq.m.

The highest Apartment market value is Shinkansen at 200,000 JPY/sq.m. On the other hand, those with the lowest market value is JR at 200,000 JPY/sq.m.

In accordance with the aging of buildings, the area whose values were most likely to decline was the Morioka-Shi at -47.5% (The rate of decline after 30 years). On the other hand, market values along the Oshu-Shi was the most resistant to decline at -47.1% (The same rate).

In accordance with the aging of buildings, the stations whose values were most likely to decline was the Shinkansen at -48.5% (The rate of decline after 30 years). On the other hand, market values along the JR was the most resistant to decline at -47.1% (The same rate).

Data regarding the market value and its changes were calculated using data on the sales of 811 properties provided by the MLIT Japan.

Value:

Unit:

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Market value

AreaAverage Trading PriceAverage Unit Price
Morioka-Shi [Land utilization ]12,343,956 JPY201,996 JPY/sq.m
Hanamaki-Shi [Land utilization ]17,125,000 JPY241,862 JPY/sq.m
Ichinoseki-Shi [Land utilization ]17,037,500 JPY264,844 JPY/sq.m
Oshu-Shi21,800,000 JPY314,553 JPY/sq.m
StationsAverage Trading PriceAverage Unit Price
JR [Land utilization ]12,507,407 JPY204,472 JPY/sq.m
Shinkansen [Land utilization ]12,517,391 JPY206,380 JPY/sq.m
Other [Land utilization ]12,393,644 JPY204,295 JPY/sq.m