Toyama Apartment market overview [Show ]

The average price of a sq.m Apartment of Toyama was 192,904 JPY/sq.m, and the median price was 171,428 JPY/sq.m.

The highest Apartment market value is Shinkansen at 205,714 JPY/sq.m. On the other hand, those with the lowest market value is Toyama Chiho Railway at 123,611 JPY/sq.m.

In accordance with the aging of buildings, the area whose values were most likely to decline was the Takaoka-Shi at -62.9% (The rate of decline after 30 years). On the other hand, market values along the Toyama-Shi was the most resistant to decline at -62.3% (The same rate).

In accordance with the aging of buildings, the stations whose values were most likely to decline was the JR at -62.4% (The rate of decline after 30 years). On the other hand, market values along the Manyosen was the most resistant to decline at -51.7% (The same rate).

Data regarding the market value and its changes were calculated using data on the sales of 672 properties provided by the MLIT Japan.

Value:

Unit:

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Market value

AreaAverage Trading PriceAverage Unit Price
Toyama-Shi [Land utilization ]13,429,474 JPY200,143 JPY/sq.m
Takaoka-Shi [Land utilization ]10,461,905 JPY160,154 JPY/sq.m
StationsAverage Trading PriceAverage Unit Price
JR [Land utilization ]14,274,667 JPY214,719 JPY/sq.m
Manyosen [Land utilization ]9,739,130 JPY153,136 JPY/sq.m
Toyama Chiho Railway [Land utilization ]9,750,000 JPY144,344 JPY/sq.m
Shinkansen [Land utilization ]15,725,397 JPY248,459 JPY/sq.m
Other [Land utilization ]13,558,036 JPY211,050 JPY/sq.m