Kariya-Shi Apartment average value

Price 259,235 JPY/sq.m
- Age 22.4 years old
- Dist. from Sta. 10.7 min walk
- Property area 75.0 sq.m

The average price of Aichi Kariya-Shi Apartment, in 2020 was 273,870 JPY/sq.m. The market value represents an increase of 17,277 JPY (+6.7%) compared to 1 year ago and a transition to a strong market.

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving locations relatively near to the station less than six minutes by foot from the station.

Cause of price increases

  • An decrease in average distance from the station (representing 11.0 min in 2019 and 9.5 min in 2020; -14.3%)
  • A dramatic increase in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 19.3% of total transactions in 2019 and 36.4% of total transactions in 2020)

Causes of price decreases

  • A dramatic increase in transactions involving relatively old buildings under 40 years old (representing 58.9% of total transactions in 2019 and 73.3% of total transactions in 2020)
Data regarding the market value and its changes of Apartment in Kariya-Shi were calculated using data on the sales of 543 properties provided by the MLIT Japan.

Kariya-Shi Apartment market value list

AreaAverage Trading PriceAverage Unit Price#
一ツ木町8,231,579 JPY120,479 JPY/sq.m20 件
一色町14,157,143 JPY196,125 JPY/sq.m14 件
八幡町29,000,000 JPY414,286 JPY/sq.m2 件
下重原町15,664,286 JPY223,298 JPY/sq.m14 件
中山町14,857,143 JPY193,947 JPY/sq.m7 件
中島町23,769,231 JPY201,580 JPY/sq.m13 件
中手町24,142,857 JPY315,221 JPY/sq.m7 件
丸田町15,500,000 JPY205,357 JPY/sq.m2 件
井ケ谷町12,287,500 JPY167,201 JPY/sq.m16 件
今岡町13,125,000 JPY197,802 JPY/sq.m4 件
今川町14,000,000 JPY186,666 JPY/sq.m2 件
半城土町17,666,667 JPY245,584 JPY/sq.m6 件
半城土西町20,611,111 JPY255,320 JPY/sq.m9 件
南桜町13,800,000 JPY187,000 JPY/sq.m5 件
南沖野町16,800,000 JPY212,143 JPY/sq.m10 件
司町15,118,182 JPY200,736 JPY/sq.m11 件
大正町15,441,667 JPY205,091 JPY/sq.m36 件
宝町15,750,000 JPY216,518 JPY/sq.m4 件
寿町15,800,000 JPY207,297 JPY/sq.m14 件
山池町14,000,000 JPY200,000 JPY/sq.m1 件
幸町23,400,000 JPY299,549 JPY/sq.m5 件
広小路17,914,286 JPY246,527 JPY/sq.m21 件
御幸町15,200,000 JPY204,283 JPY/sq.m6 件
恩田町10,000,000 JPY127,916 JPY/sq.m2 件
新栄町19,255,556 JPY250,100 JPY/sq.m27 件
末広町17,875,000 JPY231,722 JPY/sq.m4 件
東刈谷町16,900,000 JPY219,655 JPY/sq.m25 件
東境町11,966,667 JPY184,102 JPY/sq.m6 件
東陽町20,400,000 JPY259,819 JPY/sq.m5 件
松坂町27,000,000 JPY353,198 JPY/sq.m9 件
松栄町6,650,000 JPY109,300 JPY/sq.m2 件
板倉町13,765,000 JPY185,440 JPY/sq.m40 件
池田町14,500,000 JPY202,416 JPY/sq.m8 件
泉田町26,833,333 JPY300,955 JPY/sq.m6 件
熊野町22,800,000 JPY259,211 JPY/sq.m5 件
相生町13,113,514 JPY200,603 JPY/sq.m37 件
神明町25,833,333 JPY336,250 JPY/sq.m6 件
稲場町20,000,000 JPY285,714 JPY/sq.m1 件
築地町12,140,000 JPY188,779 JPY/sq.m5 件
若松町43,000,000 JPY507,639 JPY/sq.m20 件
重原本町22,800,000 JPY302,984 JPY/sq.m10 件
野田新町26,000,000 JPY371,428 JPY/sq.m2 件
野田町17,374,546 JPY226,789 JPY/sq.m55 件
銀座23,058,824 JPY298,262 JPY/sq.m17 件
高松町26,166,667 JPY311,946 JPY/sq.m12 件
高津波町12,440,000 JPY173,295 JPY/sq.m5 件
高須町12,600,000 JPY185,714 JPY/sq.m5 件

Kariya-Shi Apartment value Age transition

Market values (unit price: sq.m, ㎡) in terms of Age, is as follow.

The orange line means market values (unit price: sq.m) for Apartment in terms of Age. The orange line changes on the basis of distance from the train station and area of the property (* For example , if the distance from the station is far, the lower the unit price.).

The dots means trading data. When you mouseover or touch the dot, details of the trading data is displayed. You can color (classify) the dots on the basis of the property area, distance from the stations, or the property price, etc.

(* You can scroll and zoom with pinch in the mobile environment.)
(* When you double-click, the value of Age is updated.)
AgeTrading PriceProportion
Price at New434,882 JPY/sq.m100 %
Residual Value (10 Years)342,226 JPY/sq.m79 %
Residual Value (20 Years)268,910 JPY/sq.m62 %
Residual Value (20 Years)214,934 JPY/sq.m49 %
Color:
Unit:   Touch:
Apartment value Age transition. Market values in terms of Age.

Apartment value Age transition

Property Details:
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When you change the slider, the unit price will change.
Age of a building Property area Total floor area Distance from the station




Calculate Kariya-Shi Apartment market value

We can calculate market values for Apartment based on their age, area, and distance from a train station.

Age
years old
Area
sq.m
Total floor space
sq.m
Distance from the station
min walk

Market values for Kariya-Shi Apartment that meet the above conditions were calculated in the following manner.

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({{unit_price|number:0}} JPY/sq.m)

The assumed transaction price, not including agency commissions, taxes, etc.

Trading Data

Past Apartment sales data, with similarly entered ages, area, and distances from station are as follows.

1. Aichi Kariya-Shi 司町 (Kariya-Shi Kariyashi 9.0 min walk)
22.3 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2010-06-01 00:00:00

Trading price:   7,800,000 JPY,    Unit price:   111,429 JPY/sq.m

2. Aichi Kariya-Shi 司町 (Kariya-Shi Kariyashi 9.0 min walk)
25.8 years old , Area: 75.0 sq.m , Total floor area: sq.m , Layout: 4LDK , Structure: RC
- Trading date: 2014-12-01 00:00:00

Trading price:   9,500,000 JPY,    Unit price:   126,667 JPY/sq.m

3. Aichi Kariya-Shi 高津波町 (Kariya-Shi Aiduma 9.0 min walk)
22.0 years old , Area: 75.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2012-03-01 00:00:00

Trading price:   14,000,000 JPY,    Unit price:   186,667 JPY/sq.m

4. Aichi Kariya-Shi 中手町 (Kariya-Shi Aiduma 9.0 min walk)
21.5 years old , Area: 75.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2018-09-01 00:00:00

Trading price:   19,000,000 JPY,    Unit price:   253,333 JPY/sq.m

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- Trading date: {{item.trade_date|date:'MMMM, yyyy'}}

Trading price:   {{item.price|number:0}} JPY,    Unit price:   {{item.unit_price|number:0}} JPY/sq.m

Apartment market value trends

Market value trends for Apartment are as follows.

Data:
Unit:   Touch:
Apartment market value trends Market value trends for Apartment.

Apartment market value trends


Breakdown of each segment

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving locations relatively near to the station less than six minutes by foot from the station.

Cause of price increases

  • An decrease in average distance from the station (representing 11.0 min in 2019 and 9.5 min in 2020; -14.3%)
  • A dramatic increase in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 19.3% of total transactions in 2019 and 36.4% of total transactions in 2020)

Causes of price decreases

  • A dramatic increase in transactions involving relatively old buildings under 40 years old (representing 58.9% of total transactions in 2019 and 73.3% of total transactions in 2020)
The table below shows Apartment dealt in Aichi Kariya-Shi, in age, distance from station, and area segments. For example, we can see market trends, such as which transactions have increased more in recent years, those for newer properties, or older ones.

Segment:

Area close to the price in Kariya-Shi

The closest areas in terms of Apartment price ranges to this area are ones like the following that are along a railway line and have a station.

Area / Station Median
Price
JPY
Unit price
JPY/sq.m
Age
Years old
Distance
min walk
Area
Kasugai-Shi 惣中町 (2) [Area]18,150,000259,286 JPY/sq.m21.0 yrs12 min70 sq.m
Meito-Ku 貴船 (17) [Area]17,000,000258,824 JPY/sq.m20.3 yrs11 min70 sq.m
Inazawa-Shi 小沢 (16) [Area]19,500,000260,000 JPY/sq.m21.8 yrs10 min77 sq.m
Chiryu-Shi (238) [Area]18,500,000260,662 JPY/sq.m22.4 yrs9 min75 sq.m
Midori-Ku 六田 (2) [Area]23,000,000261,764 JPY/sq.m24.0 yrs9 min87 sq.m
JR JR Tokaido Main Line (3,312) [Stations]18,000,000258,824 JPY/sq.m20.5 yrs9 min70 sq.m
Meitetsu Mikawa Line Chiryuu (167) [Stations]18,000,000253,333 JPY/sq.m21.5 yrs10 min75 sq.m
Meitetsu Nagoya Main Line Chiryuu (167) [Stations]18,000,000253,333 JPY/sq.m21.5 yrs10 min75 sq.m
Meitetsu Kōwa Line Uedai (3) [Stations]20,000,000266,667 JPY/sq.m23.8 yrs9 min80 sq.m
Meitetsu Inuyama Line Nakaotai (77) [Stations]18,000,000251,666 JPY/sq.m23.0 yrs9 min70 sq.m