Wakayama Home market overview [Show ]

The average price of a sq.m Home of Wakayama was 118,959 JPY/sq.m, and the median price was 85,714 JPY/sq.m.

The highest Home market value is Nankai at 100,000 JPY/sq.m. On the other hand, those with the lowest market value is JR at 82,000 JPY/sq.m.

In accordance with the aging of buildings, the area whose values were most likely to decline was the Ito-Gun at -65.3% (The rate of decline after 30 years). On the other hand, market values along the Gobo-Shi was the most resistant to decline at +0.3% (The same rate).

In accordance with the aging of buildings, the stations whose values were most likely to decline was the Nankai at -54.4% (The rate of decline after 30 years). On the other hand, market values along the JR was the most resistant to decline at -50.1% (The same rate).

Data regarding the market value and its changes were calculated using data on the sales of 6,876 properties provided by the MLIT Japan.

Value:

Unit:

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Market value

AreaAverage Trading PriceAverage Unit Price
Wakayama-Shi20,528,623 JPY141,018 JPY/sq.m
Kainan-Shi24,787,671 JPY91,556 JPY/sq.m
Hashimoto-Shi15,122,185 JPY114,265 JPY/sq.m
Arida-Shi12,102,778 JPY97,320 JPY/sq.m
Gobo-Shi12,772,500 JPY80,872 JPY/sq.m
Tanabe-Shi19,038,880 JPY117,359 JPY/sq.m
Shingu-Shi14,260,870 JPY102,291 JPY/sq.m
Kinokawa-Shi9,330,283 JPY84,817 JPY/sq.m
Iwade-Shi17,083,630 JPY113,913 JPY/sq.m
Kaiso-Gun16,400,000 JPY126,130 JPY/sq.m
Ito-Gun16,582,800 JPY120,764 JPY/sq.m
Arida-Gun11,560,364 JPY87,762 JPY/sq.m
Hidaka-Gun8,502,529 JPY85,427 JPY/sq.m
Nishimuro-Gun15,510,989 JPY106,400 JPY/sq.m
Higashimuro-Gun7,150,808 JPY65,800 JPY/sq.m
StationsAverage Trading PriceAverage Unit Price
JR17,116,458 JPY115,736 JPY/sq.m
Nankai21,459,002 JPY139,050 JPY/sq.m
Other19,575,444 JPY128,147 JPY/sq.m