Yamagata Apartment market overview [Show ]

The average price of a sq.m Apartment of Yamagata was 213,585 JPY/sq.m, and the median price was 214,285 JPY/sq.m.

The highest Apartment market value is JR at 214,285 JPY/sq.m. On the other hand, those with the lowest market value is Shinkansen at 200,000 JPY/sq.m.

In accordance with the aging of buildings, the area whose values were most likely to decline was the Sakata-Shi at -69.0% (The rate of decline after 30 years). On the other hand, market values along the Tsuruoka-Shi was the most resistant to decline at -51.8% (The same rate).

In accordance with the aging of buildings, the stations whose values were most likely to decline was the JR at -58.1% (The rate of decline after 30 years). On the other hand, market values along the Shinkansen was the most resistant to decline at -57.0% (The same rate).

Data regarding the market value and its changes were calculated using data on the sales of 324 properties provided by the MLIT Japan.

Value:

Unit:

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Market value

AreaAverage Trading PriceAverage Unit Price
Yamagata-Shi [Land utilization ]14,117,895 JPY210,618 JPY/sq.m
Tsuruoka-Shi16,226,316 JPY230,981 JPY/sq.m
Sakata-Shi11,417,391 JPY175,497 JPY/sq.m
StationsAverage Trading PriceAverage Unit Price
JR [Land utilization ]14,256,482 JPY213,585 JPY/sq.m
Shinkansen [Land utilization ]14,205,882 JPY210,613 JPY/sq.m