Kitakatsuragi-Gun Apartment average value

Price 248,139 JPY/sq.m
- Age 17.0 years old
- Dist. from Sta. 12.1 min walk
- Property area 70.9 sq.m

The average price of Nara Kitakatsuragi-Gun Apartment, in 2020 was 188,011 JPY/sq.m. The market value represents an increase of 181 JPY (+0.1%) compared to 1 year ago and a transition to a slight market.

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving locations less than ten minutes by foot from the station.

Cause of price increases

  • An decrease in average distance from the station (representing 17.2 min in 2019 and 14.4 min in 2020; -16.1%)
  • An decrease in transactions involving relatively old buildings under 40 years old (representing 60.0% of total transactions in 2019 and 50.0% of total transactions in 2020)

Causes of price decreases

  • A dramatic decrease in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 27.3% of total transactions in 2019 and 8.3% of total transactions in 2020)
Data regarding the market value and its changes of Apartment in Kitakatsuragi-Gun were calculated using data on the sales of 222 properties provided by the MLIT Japan.

Kitakatsuragi-Gun Apartment market value list

AreaAverage Trading PriceAverage Unit Price#
Kanmaki-Cho8,531,915 JPY112,565 JPY/sq.m47 件
Oji-Cho21,586,111 JPY338,916 JPY/sq.m110 件
Koryo-Cho12,521,739 JPY156,215 JPY/sq.m46 件
Kawai-Cho14,473,684 JPY205,412 JPY/sq.m19 件

Kitakatsuragi-Gun 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 New496,540 JPY/sq.m100 %
Residual Value (10 Years)320,649 JPY/sq.m65 %
Residual Value (20 Years)194,358 JPY/sq.m39 %
Residual Value (20 Years)117,667 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 Kitakatsuragi-Gun 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 Kitakatsuragi-Gun 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. Nara Kitakatsuragi-Gun Oji-Cho 藤井 (Kitakatsuragi-Gun Sanngou 9.0 min walk)
19.0 years old , Area: 80.0 sq.m , Total floor area: sq.m , Layout: 4LDK , Structure: RC
- Trading date: 2016-03-01 00:00:00

Trading price:   7,500,000 JPY,    Unit price:   93,750 JPY/sq.m

2. Nara Kitakatsuragi-Gun Oji-Cho 王寺 (Kitakatsuragi-Gun Ouji 8.0 min walk)
20.3 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2020-06-01 00:00:00

Trading price:   20,000,000 JPY,    Unit price:   285,714 JPY/sq.m

3. Nara Kitakatsuragi-Gun Oji-Cho 王寺 (Kitakatsuragi-Gun Ouji 8.0 min walk)
19.5 years old , Area: 80.0 sq.m , Total floor area: sq.m , Layout: 4LDK , Structure: SRC
- Trading date: 2019-09-01 00:00:00

Trading price:   24,000,000 JPY,    Unit price:   300,000 JPY/sq.m

4. Nara Kitakatsuragi-Gun Oji-Cho 久度 (Kitakatsuragi-Gun Ouji 9.0 min walk)
21.3 years old , Area: 65.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2012-06-01 00:00:00

Trading price:   13,000,000 JPY,    Unit price:   200,000 JPY/sq.m

5. Nara Kitakatsuragi-Gun Oji-Cho 久度 (Kitakatsuragi-Gun Ouji 8.0 min walk)
18.5 years old , Area: 65.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2013-09-01 00:00:00

Trading price:   8,300,000 JPY,    Unit price:   127,692 JPY/sq.m

6. Nara Kitakatsuragi-Gun Oji-Cho 藤井 (Kitakatsuragi-Gun Sanngou 10.0 min walk)
21.3 years old , Area: 80.0 sq.m , Total floor area: sq.m , Structure: RC
- Trading date: 2018-06-01 00:00:00

Trading price:   6,000,000 JPY,    Unit price:   75,000 JPY/sq.m

7. Nara Kitakatsuragi-Gun Oji-Cho 久度 (Kitakatsuragi-Gun Ouji 8.0 min walk)
21.3 years old , Area: 65.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2016-06-01 00:00:00

Trading price:   10,000,000 JPY,    Unit price:   153,846 JPY/sq.m

8. Nara Kitakatsuragi-Gun Oji-Cho 久度 (Kitakatsuragi-Gun Ouji 8.0 min walk)
18.3 years old , Area: 75.0 sq.m , Total floor area: sq.m , Layout: 4LDK , Structure: RC
- Trading date: 2013-06-01 00:00:00

Trading price:   9,500,000 JPY,    Unit price:   126,667 JPY/sq.m

9. Nara Kitakatsuragi-Gun Oji-Cho 藤井 (Kitakatsuragi-Gun Sanngou 10.0 min walk)
21.8 years old , Area: 80.0 sq.m , Total floor area: sq.m , Layout: 4LDK , Structure: RC
- Trading date: 2018-12-01 00:00:00

Trading price:   7,500,000 JPY,    Unit price:   93,750 JPY/sq.m

10. Nara Kitakatsuragi-Gun Oji-Cho 久度 (Kitakatsuragi-Gun Ouji 9.0 min walk)
22.3 years old , Area: 80.0 sq.m , Total floor area: sq.m , Structure: RC
- Trading date: 2013-06-01 00:00:00

Trading price:   11,000,000 JPY,    Unit price:   137,500 JPY/sq.m

11. Nara Kitakatsuragi-Gun Koryo-Cho 大字沢 (Kitakatsuragi-Gun Ikebe 9.0 min walk)
17.0 years old , Area: 80.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2018-03-01 00:00:00

Trading price:   9,700,000 JPY,    Unit price:   121,250 JPY/sq.m

12. Nara Kitakatsuragi-Gun Oji-Cho 久度 (Kitakatsuragi-Gun Ouji 8.0 min walk)
22.8 years old , Area: 60.0 sq.m , Total floor area: sq.m , Structure: RC
- Trading date: 2016-12-01 00:00:00

Trading price:   9,000,000 JPY,    Unit price:   150,000 JPY/sq.m

13. Nara Kitakatsuragi-Gun Oji-Cho 藤井 (Kitakatsuragi-Gun Sanngou 9.0 min walk)
16.5 years old , Area: 80.0 sq.m , Total floor area: sq.m , Layout: 4LDK , Structure: RC
- Trading date: 2013-09-01 00:00:00

Trading price:   8,300,000 JPY,    Unit price:   103,750 JPY/sq.m

14. Nara Kitakatsuragi-Gun Oji-Cho 久度 (Kitakatsuragi-Gun Ouji 9.0 min walk)
23.5 years old , Area: 70.0 sq.m , Total floor area: sq.m , Structure: RC
- Trading date: 2018-09-01 00:00:00

Trading price:   8,000,000 JPY,    Unit price:   114,286 JPY/sq.m

15. Nara Kitakatsuragi-Gun Oji-Cho 藤井 (Kitakatsuragi-Gun Sanngou 9.0 min walk)
23.5 years old , Area: 80.0 sq.m , Total floor area: sq.m , Layout: 4LDK , Structure: RC
- Trading date: 2020-09-01 00:00:00

Trading price:   7,400,000 JPY,    Unit price:   92,500 JPY/sq.m

16. Nara Kitakatsuragi-Gun Oji-Cho 藤井 (Kitakatsuragi-Gun Sanngou 9.0 min walk)
23.8 years old , Area: 80.0 sq.m , Total floor area: sq.m , Layout: 4LDK , Structure: RC
- Trading date: 2020-12-01 00:00:00

Trading price:   6,500,000 JPY,    Unit price:   81,250 JPY/sq.m

17. Nara Kitakatsuragi-Gun Oji-Cho 藤井 (Kitakatsuragi-Gun Sanngou 9.0 min walk)
23.8 years old , Area: 80.0 sq.m , Total floor area: sq.m , Layout: 4LDK , Structure: RC
- Trading date: 2020-12-01 00:00:00

Trading price:   13,000,000 JPY,    Unit price:   162,500 JPY/sq.m

18. Nara Kitakatsuragi-Gun Oji-Cho 藤井 (Kitakatsuragi-Gun Ouji 9.0 min walk)
16.0 years old , Area: 80.0 sq.m , Total floor area: sq.m , Layout: 4LDK , Structure: RC
- Trading date: 2013-03-01 00:00:00

Trading price:   6,500,000 JPY,    Unit price:   81,250 JPY/sq.m

19. Nara Kitakatsuragi-Gun Oji-Cho 久度 (Kitakatsuragi-Gun Ouji 10.0 min walk)
23.8 years old , Area: 65.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2018-12-01 00:00:00

Trading price:   17,000,000 JPY,    Unit price:   261,538 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 locations less than ten minutes by foot from the station.

Cause of price increases

  • An decrease in average distance from the station (representing 17.2 min in 2019 and 14.4 min in 2020; -16.1%)
  • An decrease in transactions involving relatively old buildings under 40 years old (representing 60.0% of total transactions in 2019 and 50.0% of total transactions in 2020)

Causes of price decreases

  • A dramatic decrease in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 27.3% of total transactions in 2019 and 8.3% of total transactions in 2020)
The table below shows Apartment dealt in Nara Kitakatsuragi-Gun, 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 Kitakatsuragi-Gun

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
Nara-Shi 西大寺宝ケ丘 (8) [Area]18,500,000236,250 JPY/sq.m16.4 yrs11 min75 sq.m
Nara-Shi 北市町 (12) [Area]18,500,000264,286 JPY/sq.m19.4 yrs10 min70 sq.m
Yamatokoriyama-Shi 柳町 (61) [Area]16,000,000214,286 JPY/sq.m15.0 yrs11 min75 sq.m
Nara-Shi 学園大和町 (183) [Area]15,000,000213,333 JPY/sq.m18.8 yrs11 min70 sq.m
Kashiba-Shi 西真美 (6) [Area]13,500,000207,692 JPY/sq.m15.3 yrs11 min70 sq.m
Kintetsu Osaka Line Yamatoyagi (193) [Stations]17,500,000242,857 JPY/sq.m22.4 yrs8 min67 sq.m
Kintetsu Kashihara Line Yamatoyagi (193) [Stations]17,500,000242,857 JPY/sq.m22.4 yrs8 min67 sq.m
JR Sakurai Line Tennri (20) [Stations]15,000,000239,744 JPY/sq.m10.3 yrs8 min65 sq.m
Kintetsu Tenri Line Tennri (20) [Stations]15,000,000239,744 JPY/sq.m10.3 yrs8 min65 sq.m
Kintetsu Keihanna Line Ikoma (369) [Stations]15,000,000233,333 JPY/sq.m23.3 yrs8 min65 sq.m