Hakodate-Shi Apartment average value

Price 129,592 JPY/sq.m
- Age 27.0 years old
- Dist. from Sta. 14.8 min walk
- Property area 65.7 sq.m

The average price of Hokkaido Hakodate-Shi Apartment, in 2020 was 133,195 JPY/sq.m. The market value represents an increase of 5,343 JPY (+4.2%) compared to 1 year ago and a transition to a some market.

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving new buildings under 10 years old, as well as a dramatic increase in transactions involving locations less than ten minutes by foot from the station.

Cause of price increases

  • An increase in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 39.6% of total transactions in 2019 and 45.5% of total transactions in 2020)
  • A some decrease in transactions involving relatively old buildings under 40 years old (representing 90.4% of total transactions in 2019 and 84.8% of total transactions in 2020)

Causes of price decreases

  • A dramatic decrease in transactions involving locations near to the station less than three minutes by foot from the station (representing 24.5% of total transactions in 2019 and 6.1% of total transactions in 2020)
Data regarding the market value and its changes of Apartment in Hakodate-Shi were calculated using data on the sales of 676 properties provided by the MLIT Japan.

Hakodate-Shi Apartment market value list

AreaAverage Trading PriceAverage Unit Price#
五稜郭町14,190,909 JPY173,566 JPY/sq.m11 件
千代台町14,160,000 JPY168,679 JPY/sq.m5 件
千歳町5,998,333 JPY78,090 JPY/sq.m6 件
万代町8,525,000 JPY103,887 JPY/sq.m4 件
中島町10,828,571 JPY176,447 JPY/sq.m7 件
中道10,977,778 JPY112,188 JPY/sq.m18 件
元町7,400,000 JPY104,296 JPY/sq.m20 件
北美原5,360,000 JPY101,900 JPY/sq.m5 件
吉川町5,100,000 JPY63,750 JPY/sq.m2 件
大川町9,737,037 JPY127,320 JPY/sq.m27 件
大手町2,000,000 JPY100,000 JPY/sq.m28 件
大森町5,125,758 JPY96,538 JPY/sq.m33 件
宇賀浦町1,861,333 JPY89,520 JPY/sq.m15 件
宮前町6,933,333 JPY134,289 JPY/sq.m24 件
富岡町8,391,667 JPY108,595 JPY/sq.m12 件
川原町6,333,333 JPY102,222 JPY/sq.m3 件
弁天町6,437,500 JPY103,878 JPY/sq.m8 件
日吉町2,623,077 JPY38,084 JPY/sq.m13 件
時任町6,400,000 JPY74,778 JPY/sq.m3 件
末広町5,353,913 JPY102,918 JPY/sq.m46 件
本町11,895,349 JPY152,235 JPY/sq.m43 件
本通10,375,000 JPY160,704 JPY/sq.m12 件
杉並町21,857,143 JPY262,744 JPY/sq.m7 件
東雲町3,775,714 JPY117,714 JPY/sq.m14 件
松陰町10,390,000 JPY129,546 JPY/sq.m10 件
柏木町24,333,333 JPY260,428 JPY/sq.m3 件
梁川町25,666,667 JPY283,529 JPY/sq.m9 件
海岸町5,166,667 JPY72,331 JPY/sq.m6 件
深堀町6,126,316 JPY80,678 JPY/sq.m19 件
港町7,880,769 JPY102,860 JPY/sq.m26 件
湯川町9,655,769 JPY135,048 JPY/sq.m171 件
湯浜町9,000,000 JPY112,500 JPY/sq.m1 件
的場町9,875,000 JPY160,833 JPY/sq.m8 件
神山6,800,000 JPY97,789 JPY/sq.m3 件
美原6,433,333 JPY95,863 JPY/sq.m3 件
船見町10,256,522 JPY115,953 JPY/sq.m23 件
若松町13,000,000 JPY166,807 JPY/sq.m2 件
青柳町8,537,500 JPY122,487 JPY/sq.m8 件
駒場町10,911,111 JPY161,223 JPY/sq.m18 件

Hakodate-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 New273,408 JPY/sq.m100 %
Residual Value (10 Years)220,282 JPY/sq.m81 %
Residual Value (20 Years)166,797 JPY/sq.m61 %
Residual Value (20 Years)112,951 JPY/sq.m41 %
Color:
Unit:   Touch:
Apartment value Age transition. Market values in terms of Age.

Apartment value Age transition

Property Details:
{{infoObj.place}} {{infoObj.stations[0]}} {{infoObj.station_distance}} min walk)
Trading Price:   {{infoObj.price|number:0}} JPY,    Unit Price:   {{infoObj.unit_price|number:0}} JPY/sq.m
{{infoObj.days_elapsed|days_year}} years old , Area: {{infoObj.dimension}} sq.m , Total floor area: {{infoObj.dimension_all}} sq.m , Layout: {{infoObj.floor_plan}} , Structure: {{infoObj.structure}}
- 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 Hakodate-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 Hakodate-Shi Apartment that meet the above conditions were calculated in the following manner.

{{currentObj|applyRegCalculatePrecise:averageObj:coefObj:true:true:unitType}}
({{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 Hakodate-Shi 湯川町 (Hakodate-Shi Yunokawaonnsenn 7.0 min walk)
28.8 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2019-12-01 00:00:00

Trading price:   9,300,000 JPY,    Unit price:   132,857 JPY/sq.m

2. Hokkaido Hakodate-Shi 湯川町 (Hakodate-Shi Yunokawaonnsenn 7.0 min walk)
29.0 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2019-03-01 00:00:00

Trading price:   8,400,000 JPY,    Unit price:   120,000 JPY/sq.m

3. Hokkaido Hakodate-Shi 青柳町 (Hakodate-Shi Aoyagichou 7.0 min walk)
28.5 years old , Area: 75.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2017-09-01 00:00:00

Trading price:   5,000,000 JPY,    Unit price:   66,667 JPY/sq.m

4. Hokkaido Hakodate-Shi 青柳町 (Hakodate-Shi Aoyagichou 7.0 min walk)
28.3 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2017-06-01 00:00:00

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

5. Hokkaido Hakodate-Shi 青柳町 (Hakodate-Shi Aoyagichou 7.0 min walk)
30.5 years old , Area: 75.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2019-09-01 00:00:00

Trading price:   5,500,000 JPY,    Unit price:   73,333 JPY/sq.m

6. Hokkaido Hakodate-Shi 大川町 (Hakodate-Shi Goryoukaku 7.0 min walk)
26.5 years old , Area: 75.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2017-09-01 00:00:00

Trading price:   4,800,000 JPY,    Unit price:   64,000 JPY/sq.m

7. Hokkaido Hakodate-Shi 青柳町 (Hakodate-Shi Aoyagichou 7.0 min walk)
31.5 years old , Area: 75.0 sq.m , Total floor area: sq.m , Layout: 4LDK , Structure: RC
- Trading date: 2020-09-01 00:00:00

Trading price:   9,800,000 JPY,    Unit price:   130,667 JPY/sq.m

{{$index+1}}. {{item.place}} ({{item.stations[0]}} {{item.station_distance}} min walk)
{{item.days_elapsed|days_year}} years old , Area: {{item.dimension}} sq.m , Total floor area: {{item.dimension_all}} sq.m , Layout: {{item.floor_plan}} , Structure: {{item.structure}}
- 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 new buildings under 10 years old, as well as a dramatic increase in transactions involving locations less than ten minutes by foot from the station.

Cause of price increases

  • An increase in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 39.6% of total transactions in 2019 and 45.5% of total transactions in 2020)
  • A some decrease in transactions involving relatively old buildings under 40 years old (representing 90.4% of total transactions in 2019 and 84.8% of total transactions in 2020)

Causes of price decreases

  • A dramatic decrease in transactions involving locations near to the station less than three minutes by foot from the station (representing 24.5% of total transactions in 2019 and 6.1% of total transactions in 2020)
The table below shows Apartment dealt in Hokkaido Hakodate-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 Hakodate-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
Hakodate-Shi 松陰町 (10) [Area]9,150,000131,026 JPY/sq.m26.1 yrs15 min72 sq.m
Nishi-Ku 西野3条 (19) [Area]9,300,000132,857 JPY/sq.m22.3 yrs17 min75 sq.m
Otaru-Shi 真栄 (22) [Area]9,300,000134,134 JPY/sq.m25.5 yrs13 min65 sq.m
Otaru-Shi 山田町 (12) [Area]8,750,000136,250 JPY/sq.m22.0 yrs12 min72 sq.m
Otaru-Shi 東雲町 (8) [Area]7,250,000122,576 JPY/sq.m28.0 yrs12 min60 sq.m
JR Hakodate Line Inadumikouenn (143) [Stations]9,500,000129,412 JPY/sq.m27.5 yrs16 min70 sq.m
JR JR Hidaka Main Line (137) [Stations]8,600,000114,667 JPY/sq.m25.3 yrs17 min75 sq.m
JR Muroran Main Line Tomakomai (137) [Stations]8,600,000114,667 JPY/sq.m25.3 yrs17 min75 sq.m
JR Hidaka Main Line Tomakomai (137) [Stations]8,600,000114,667 JPY/sq.m25.3 yrs17 min75 sq.m
JR Chitose Line Heiwa (20) [Stations]8,000,000113,407 JPY/sq.m24.0 yrs13 min65 sq.m