Asahikawa-Shi Apartment average value

Price 147,296 JPY/sq.m
- Age 23.9 years old
- Dist. from Sta. 21.1 min walk
- Property area 74.5 sq.m

The average price of Hokkaido Asahikawa-Shi Apartment, in 2020 was 128,146 JPY/sq.m. The market value represents a decrease of 24,179 JPY (-15.9%) compared to 1 year ago and a transition to a weak market.

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving relatively old buildings under 40 years old.

Causes of price decreases

  • An increase in average age of the building (representing 22.9 years old in 2019 and 25.9 years old in 2020; +13.1%)
  • A dramatic increase in transactions involving relatively old buildings under 40 years old (representing 66.7% of total transactions in 2019 and 90.5% of total transactions in 2020)
Data regarding the market value and its changes of Apartment in Asahikawa-Shi were calculated using data on the sales of 432 properties provided by the MLIT Japan.

Asahikawa-Shi Apartment market value list

AreaAverage Trading PriceAverage Unit Price#
1条通9,543,750 JPY125,034 JPY/sq.m16 件
2条通21,333,333 JPY238,947 JPY/sq.m3 件
3条通8,760,870 JPY119,955 JPY/sq.m23 件
4条西25,333,333 JPY249,206 JPY/sq.m3 件
4条通9,560,000 JPY125,490 JPY/sq.m10 件
5条西11,883,333 JPY152,363 JPY/sq.m6 件
5条通14,096,923 JPY176,189 JPY/sq.m52 件
6条通12,625,000 JPY150,292 JPY/sq.m21 件
7条通10,885,185 JPY140,215 JPY/sq.m27 件
8条通16,545,454 JPY201,556 JPY/sq.m11 件
9条通10,977,778 JPY147,692 JPY/sq.m9 件
10条通5,900,000 JPY84,286 JPY/sq.m4 件
北門町14,357,143 JPY174,396 JPY/sq.m7 件
大町2条11,766,667 JPY161,333 JPY/sq.m3 件
宮下通9,193,443 JPY139,550 JPY/sq.m61 件
宮前1条26,333,333 JPY313,799 JPY/sq.m3 件
川端町2条7,825,000 JPY110,772 JPY/sq.m4 件
川端町4条12,250,000 JPY146,042 JPY/sq.m4 件
川端町6条8,380,000 JPY113,178 JPY/sq.m5 件
常盤通9,250,000 JPY134,968 JPY/sq.m18 件
旭町1条12,733,333 JPY151,499 JPY/sq.m9 件
旭町2条5,677,778 JPY65,257 JPY/sq.m9 件
春光2条6,466,667 JPY81,751 JPY/sq.m9 件
春光5条7,100,000 JPY97,954 JPY/sq.m4 件
春光町11,000,000 JPY136,243 JPY/sq.m3 件
曙1条7,640,909 JPY101,526 JPY/sq.m22 件
東3条8,233,333 JPY113,422 JPY/sq.m3 件
東5条6,550,000 JPY93,572 JPY/sq.m2 件
東光1条8,600,000 JPY114,667 JPY/sq.m1 件
東光5条7,260,000 JPY104,725 JPY/sq.m5 件
永山4条8,690,000 JPY113,924 JPY/sq.m10 件
神楽2条10,400,000 JPY138,280 JPY/sq.m6 件
神楽4条25,000,000 JPY161,290 JPY/sq.m1 件
緑町10,971,429 JPY124,528 JPY/sq.m7 件
豊岡3条11,700,000 JPY139,492 JPY/sq.m7 件
豊岡4条8,450,000 JPY124,133 JPY/sq.m8 件
錦町10,533,333 JPY99,264 JPY/sq.m12 件
高砂台2,082,500 JPY36,275 JPY/sq.m24 件

Asahikawa-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 New335,489 JPY/sq.m100 %
Residual Value (10 Years)235,102 JPY/sq.m70 %
Residual Value (20 Years)159,452 JPY/sq.m48 %
Residual Value (20 Years)108,539 JPY/sq.m32 %
Color:
Unit:   Touch:
Apartment value Age transition. Market values in terms of Age.

Apartment value Age transition

Property Details:
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- Trading date: {{infoObj.trade_date|date:'MMMM, yyyy'}}

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




Calculate Asahikawa-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 Asahikawa-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. Hokkaido Asahikawa-Shi 曙1条 (Asahikawa-Shi Asahikawa 21.0 min walk)
25.3 years old , Area: 80.0 sq.m , Total floor area: sq.m , Layout: 4LDK , Structure: SRC
- Trading date: 2017-06-01 00:00:00

Trading price:   10,000,000 JPY,    Unit price:   125,000 JPY/sq.m

2. Hokkaido Asahikawa-Shi 曙1条 (Asahikawa-Shi Asahikawa 21.0 min walk)
25.5 years old , Area: 80.0 sq.m , Total floor area: sq.m , Layout: 4LDK , Structure: SRC
- Trading date: 2017-09-01 00:00:00

Trading price:   8,000,000 JPY,    Unit price:   100,000 JPY/sq.m

3. Hokkaido Asahikawa-Shi 曙1条 (Asahikawa-Shi Asahikawa 20.0 min walk)
24.8 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2016-12-01 00:00:00

Trading price:   7,000,000 JPY,    Unit price:   100,000 JPY/sq.m

4. Hokkaido Asahikawa-Shi 曙1条 (Asahikawa-Shi Asahikawa 20.0 min walk)
24.8 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2016-12-01 00:00:00

Trading price:   8,300,000 JPY,    Unit price:   118,571 JPY/sq.m

5. Hokkaido Asahikawa-Shi 曙1条 (Asahikawa-Shi Asahikawa 20.0 min walk)
24.8 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2016-12-01 00:00:00

Trading price:   7,500,000 JPY,    Unit price:   107,143 JPY/sq.m

6. Hokkaido Asahikawa-Shi 曙1条 (Asahikawa-Shi Asahikawa 20.0 min walk)
24.5 years old , Area: 80.0 sq.m , Total floor area: sq.m , Layout: 4LDK , Structure: SRC
- Trading date: 2016-09-01 00:00:00

Trading price:   8,600,000 JPY,    Unit price:   107,500 JPY/sq.m

7. Hokkaido Asahikawa-Shi 曙1条 (Asahikawa-Shi Asahikawa 20.0 min walk)
24.5 years old , Area: 80.0 sq.m , Total floor area: sq.m , Layout: 4LDK , Structure: SRC
- Trading date: 2016-09-01 00:00:00

Trading price:   8,600,000 JPY,    Unit price:   107,500 JPY/sq.m

8. Hokkaido Asahikawa-Shi 曙1条 (Asahikawa-Shi Asahikawa 20.0 min walk)
26.0 years old , Area: 80.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2018-03-01 00:00:00

Trading price:   8,400,000 JPY,    Unit price:   105,000 JPY/sq.m

9. Hokkaido Asahikawa-Shi 曙1条 (Asahikawa-Shi Asahikawa 20.0 min walk)
23.5 years old , Area: 80.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2015-09-01 00:00:00

Trading price:   8,100,000 JPY,    Unit price:   101,250 JPY/sq.m

10. Hokkaido Asahikawa-Shi 曙1条 (Asahikawa-Shi Asahikawa 23.0 min walk)
25.3 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2017-06-01 00:00:00

Trading price:   7,100,000 JPY,    Unit price:   101,429 JPY/sq.m

11. Hokkaido Asahikawa-Shi 曙1条 (Asahikawa-Shi Asahikawa 23.0 min walk)
26.3 years old , Area: 80.0 sq.m , Total floor area: sq.m , Layout: 3LDK
- Trading date: 2018-06-01 00:00:00

Trading price:   10,000,000 JPY,    Unit price:   125,000 JPY/sq.m

12. Hokkaido Asahikawa-Shi 5条西 (Asahikawa-Shi Asahikawa 23.0 min walk)
22.8 years old , Area: 75.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2017-12-01 00:00:00

Trading price:   13,000,000 JPY,    Unit price:   173,333 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 relatively old buildings under 40 years old.

Causes of price decreases

  • An increase in average age of the building (representing 22.9 years old in 2019 and 25.9 years old in 2020; +13.1%)
  • A dramatic increase in transactions involving relatively old buildings under 40 years old (representing 66.7% of total transactions in 2019 and 90.5% of total transactions in 2020)
The table below shows Apartment dealt in Hokkaido Asahikawa-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 Asahikawa-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
Asahikawa-Shi 6条通 (21) [Area]12,000,000147,728 JPY/sq.m23.9 yrs17 min80 sq.m
Toyohira-Ku 西岡4条 (51) [Area]12,000,000145,455 JPY/sq.m22.0 yrs25 min75 sq.m
Nishi-Ku 山の手2条 (48) [Area]11,000,000149,616 JPY/sq.m24.5 yrs17 min70 sq.m
Nishi-Ku 宮の沢4条 (26) [Area]13,000,000150,000 JPY/sq.m27.6 yrs25 min85 sq.m
JR JR Sōya Main Line (428) [Stations]10,000,000145,000 JPY/sq.m24.8 yrs21 min75 sq.m
JR JR Furano Line (416) [Stations]10,000,000141,538 JPY/sq.m24.9 yrs21 min75 sq.m
JR Hakodate Line Asahikawa (416) [Stations]10,000,000141,538 JPY/sq.m24.9 yrs21 min75 sq.m
JR Sōya Main Line Asahikawa (416) [Stations]10,000,000141,538 JPY/sq.m24.9 yrs21 min75 sq.m
JR Furano Line Asahikawa (416) [Stations]10,000,000141,538 JPY/sq.m24.9 yrs21 min75 sq.m