Ikaruga-Cho Apartment average value
- Age 16.4 years old
- Dist. from Sta. 21.2 min walk
- Property area 70.4 sq.m
The average price of Nara Ikoma-Gun Ikaruga-Cho Apartment, in 2020 was 98,718 JPY/sq.m. The market value represents a decrease of 145,824 JPY (-59.6%) compared to 1 year ago and a transition to a dramatic 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
- A dramatic increase in average age of the building (representing 14.5 years old in 2019 and 22.8 years old in 2020; +56.9%)
- A dramatic increase in average distance from the station (representing 10.8 min in 2019 and 23.0 min in 2020; +114.0%)
- A dramatic increase in transactions involving relatively old buildings under 40 years old (representing 25.0% of total transactions in 2019 and 100.0% of total transactions in 2020)
Ikaruga-Cho Apartment market value list
|Area||Average Trading Price||Average Unit Price||#|
|法隆寺南||12,666,667 JPY||168,889 JPY/sq.m||3 件|
|興留||21,500,000 JPY||291,209 JPY/sq.m||4 件|
|阿波||18,000,000 JPY||225,000 JPY/sq.m||2 件|
|龍田西||6,800,000 JPY||98,369 JPY/sq.m||26 件|