Koryo-Cho Apartment average value
- Age 21.0 years old
- Dist. from Sta. 23.2 min walk
- Property area 79.9 sq.m
The average price of Nara Kitakatsuragi-Gun Koryo-Cho Apartment, in 2020 was 138,125 JPY/sq.m. The market value represents an increase of 18,125 JPY (+15.1%) compared to 1 year ago and a transition to a bull market.
One distinguishing feature of recent real-estate transactions was a dramatic decrease in transactions involving relatively old buildings under 40 years old.
Cause of price increases
- A dramatic decrease in average distance from the station (representing 30.0 min in 2019 and 23.5 min in 2020; -21.7%)
- A dramatic decrease in transactions involving relatively old buildings under 40 years old (representing 100.0% of total transactions in 2019 and 75.0% of total transactions in 2020)
Koryo-Cho Apartment market value list
|Area||Average Trading Price||Average Unit Price||#|
|大字沢||7,383,333 JPY||94,861 JPY/sq.m||6 件|
|馬見中||13,033,333 JPY||161,115 JPY/sq.m||15 件|
|馬見南||13,448,000 JPY||168,000 JPY/sq.m||25 件|