Ehime Niihama-Shi Apartment market overview [Show ]

The average price of a sq.m Apartment of Ehime Niihama-Shi, in 2017 was 18,000 JPY/sq.m. The market value represents a decrease of 66,716 JPY (-78.8%) compared to 1 year ago and a transition to a dramatic market. 2 properties exchanged hands ( The market value represents a decrease of 11 (-84.6%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 45.5 years old (a +42.5% increase compared to the 32.0 years old of last year.). The average size of the real estate was 50.0 sq.m (a -13.9% decrease compared to the 58.1 sq.m of last year.).

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving middle size for a DINKS or an old age households less than 60 sq.m.

Causes of price decreases

  • A dramatic increase in average age of the building (representing 32.0 years old in 2016 and 45.5 years old in 2017; +42.5%)
  • A dramatic increase in transactions involving older buildings over 40 years old (representing 50.0% of total transactions in 2016 and 100.0% of total transactions in 2017)

The highest Apartment market value is 萩生 at 293,333 JPY/sq.m. On the other hand, those with the lowest market value is 郷 at 16,031 JPY/sq.m.

Data regarding the market value and its changes of Apartment in Niihama-Shi were calculated using data on the sales of 126 properties provided by the MLIT Japan.

Value:

Unit:

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Market value

AreaAverage Trading PriceAverage Unit Price
[Land utilization ]741,250 JPY18,032 JPY/sq.m
宇高町 [Land utilization ]1,490,625 JPY29,042 JPY/sq.m
泉宮町 [Land utilization ]3,986,923 JPY121,015 JPY/sq.m
東雲町 [Land utilization ]1,074,615 JPY22,548 JPY/sq.m
中須賀町 [Land utilization ]9,441,667 JPY125,962 JPY/sq.m
繁本町8,945,454 JPY122,045 JPY/sq.m
久保田町 [Land utilization ]17,300,000 JPY215,692 JPY/sq.m
徳常町 [Land utilization ]7,600,000 JPY124,878 JPY/sq.m
萩生 [Land utilization ]29,333,333 JPY470,731 JPY/sq.m
西の土居町 [Land utilization ]25,500,000 JPY292,253 JPY/sq.m
若水町 [Land utilization ]8,380,000 JPY113,714 JPY/sq.m
多喜浜 [Land utilization ]1,450,000 JPY29,000 JPY/sq.m

Area

Ehime Niihama-Shi (126)

(16)

宇高町 (16)

泉宮町 (13)

東雲町 (13)

中須賀町 (12)

繁本町 (11)

久保田町 (10)

徳常町 (8)

萩生 (6)

西の土居町 (6)

若水町 (5)

多喜浜 (4)