Kushiro-Shi Apartment average value

Price 88,034 JPY/sq.m
- Age 27.9 years old
- Dist. from Sta. 22.4 min walk
- Property area 60.6 sq.m

The average price of Hokkaido Kushiro-Shi Apartment, in 2020 was 115,466 JPY/sq.m. The market value represents an increase of 24,554 JPY (+27.0%) compared to 1 year ago and a transition to a dramatic market.

One distinguishing feature of recent real-estate transactions was an decrease in transactions involving relatively old buildings under 40 years old.

Cause of price increases

  • An decrease in average age of the building (representing 28.8 years old in 2019 and 25.8 years old in 2020; -10.5%)
  • An decrease in transactions involving relatively old buildings under 40 years old (representing 100.0% of total transactions in 2019 and 83.3% of total transactions in 2020)
Data regarding the market value and its changes of Apartment in Kushiro-Shi were calculated using data on the sales of 134 properties provided by the MLIT Japan.

Kushiro-Shi Apartment market value list

AreaAverage Trading PriceAverage Unit Price#
住之江町1,700,000 JPY63,722 JPY/sq.m6 件
共栄大通12,666,667 JPY159,742 JPY/sq.m15 件
南大通4,411,765 JPY70,751 JPY/sq.m17 件
双葉町5,973,333 JPY72,722 JPY/sq.m15 件
新橋大通4,444,444 JPY64,862 JPY/sq.m9 件
旭町4,309,091 JPY73,843 JPY/sq.m11 件
春日町7,357,143 JPY91,758 JPY/sq.m7 件
暁町660,000 JPY40,111 JPY/sq.m6 件
治水町2,800,000 JPY43,422 JPY/sq.m5 件
浪花町9,426,316 JPY130,351 JPY/sq.m19 件
白金町4,900,000 JPY81,667 JPY/sq.m1 件
若竹町600,000 JPY24,000 JPY/sq.m2 件
鶴ケ岱7,700,000 JPY108,585 JPY/sq.m21 件

Kushiro-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 New319,496 JPY/sq.m100 %
Residual Value (10 Years)223,239 JPY/sq.m70 %
Residual Value (20 Years)142,146 JPY/sq.m44 %
Residual Value (20 Years)76,217 JPY/sq.m24 %
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 Kushiro-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 Kushiro-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 Kushiro-Shi 南大通 (Kushiro-Shi Kushiro 24.0 min walk)
29.5 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2017-09-01 00:00:00

Trading price:   3,600,000 JPY,    Unit price:   51,429 JPY/sq.m

2. Hokkaido Kushiro-Shi 双葉町 (Kushiro-Shi Kushiro 25.0 min walk)
27.8 years old , Area: 75.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2018-12-01 00:00:00

Trading price:   7,400,000 JPY,    Unit price:   98,667 JPY/sq.m

3. Hokkaido Kushiro-Shi 春日町 (Kushiro-Shi Kushiro 22.0 min walk)
28.3 years old , Area: 65.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2018-06-01 00:00:00

Trading price:   5,900,000 JPY,    Unit price:   90,769 JPY/sq.m

4. Hokkaido Kushiro-Shi 双葉町 (Kushiro-Shi Kushiro 25.0 min walk)
27.3 years old , Area: 75.0 sq.m , Total floor area: sq.m , Layout: 4LDK , Structure: RC
- Trading date: 2018-06-01 00:00:00

Trading price:   4,300,000 JPY,    Unit price:   57,333 JPY/sq.m

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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 an decrease in transactions involving relatively old buildings under 40 years old.

Cause of price increases

  • An decrease in average age of the building (representing 28.8 years old in 2019 and 25.8 years old in 2020; -10.5%)
  • An decrease in transactions involving relatively old buildings under 40 years old (representing 100.0% of total transactions in 2019 and 83.3% of total transactions in 2020)
The table below shows Apartment dealt in Hokkaido Kushiro-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 Kushiro-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 海岸町 (6) [Area]5,900,00087,582 JPY/sq.m24.5 yrs19 min67 sq.m
Shiroishi-Ku 中央2条 (23) [Area]5,050,00085,428 JPY/sq.m23.3 yrs18 min65 sq.m
Teine-Ku 前田7条 (5) [Area]5,500,00091,667 JPY/sq.m24.4 yrs18 min60 sq.m
Kushiro-Shi 白金町 (1) [Area]4,900,00081,667 JPY/sq.m30.5 yrs19 min60 sq.m
JR JR Senmō Main Line (134) [Stations]5,500,00085,164 JPY/sq.m29.0 yrs24 min70 sq.m
JR Nemuro Main Line Kushiro (134) [Stations]5,500,00085,164 JPY/sq.m29.0 yrs24 min70 sq.m
JR Senmō Main Line Kushiro (134) [Stations]5,500,00085,164 JPY/sq.m29.0 yrs24 min70 sq.m