Kyoto Shinkansen Apartment market overview [Show ]

The average price of a sq.m Apartment of Kyoto Shinkansen, in 2016 was 502,152 JPY/sq.m. The market value represents a decrease of 164,416 JPY (-24.7%) compared to 1 year ago and a transition to a dramatic market. 16 properties exchanged hands ( The market value represents an increase of 4 (+33.3%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 14.0 years old (a +69.3% increase compared to the 8.3 years old of last year.). The average size of the real estate was 40.3 sq.m (a +44.4% increase compared to the 27.9 sq.m of last year.).

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving size for a general family households less than 100 sq.m.

Causes of price decreases

  • A dramatic increase in average age of the building (representing 8.3 years old in 2015 and 14.0 years old in 2016; +69.3%)
  • A dramatic increase in transactions involving relatively old buildings under 40 years old (representing 16.7% of total transactions in 2015 and 25.0% of total transactions in 2016)
Data regarding the market value and its changes of Apartment in Shinkansen were calculated using data on the sales of 173 properties provided by the MLIT Japan.

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