Yamatokoriyama-Shi Apartment average value

Price 198,765 JPY/sq.m
- Age 21.6 years old
- Dist. from Sta. 6.9 min walk
- Property area 72.6 sq.m

The average price of Nara Yamatokoriyama-Shi Apartment, in 2020 was 199,149 JPY/sq.m. The market value represents an increase of 2,690 JPY (+1.4%) 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 recently constructed buildings under 6 years old.

Cause of price increases

  • A dramatic increase in transactions involving recently constructed buildings under 6 years old (representing 5.9% of total transactions in 2019 and 13.3% of total transactions in 2020)

Causes of price decreases

  • A dramatic increase in transactions involving relatively old buildings under 40 years old (representing 29.4% of total transactions in 2019 and 40.0% of total transactions in 2020)
Data regarding the market value and its changes of Apartment in Yamatokoriyama-Shi were calculated using data on the sales of 277 properties provided by the MLIT Japan.

Yamatokoriyama-Shi Apartment market value list

AreaAverage Trading PriceAverage Unit Price#
九条町9,351,613 JPY135,578 JPY/sq.m31 件
北西町11,990,909 JPY176,322 JPY/sq.m11 件
南大工町8,400,000 JPY138,226 JPY/sq.m6 件
南郡山町11,771,429 JPY172,404 JPY/sq.m7 件
南鍛冶町9,025,000 JPY112,589 JPY/sq.m4 件
城南町8,600,000 JPY156,364 JPY/sq.m3 件
城見町30,750,000 JPY406,637 JPY/sq.m8 件
小泉町7,683,333 JPY120,846 JPY/sq.m30 件
小泉町東19,000,000 JPY303,846 JPY/sq.m2 件
朝日町15,955,814 JPY222,181 JPY/sq.m43 件
杉町45,000,000 JPY214,286 JPY/sq.m1 件
材木町15,192,308 JPY213,968 JPY/sq.m13 件
10,850,000 JPY177,803 JPY/sq.m4 件
柳町15,200,000 JPY192,800 JPY/sq.m61 件
筒井町11,333,333 JPY182,540 JPY/sq.m3 件
箕山町12,142,857 JPY161,061 JPY/sq.m14 件
野垣内町12,238,462 JPY172,363 JPY/sq.m13 件
高田町17,840,000 JPY239,132 JPY/sq.m25 件

Yamatokoriyama-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 New415,544 JPY/sq.m100 %
Residual Value (10 Years)288,308 JPY/sq.m69 %
Residual Value (20 Years)195,349 JPY/sq.m47 %
Residual Value (20 Years)136,666 JPY/sq.m33 %
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 Yamatokoriyama-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 Yamatokoriyama-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. Nara Yamatokoriyama-Shi 材木町 (Yamatokoriyama-Shi Kooriyama 6.0 min walk)
21.3 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2018-06-01 00:00:00

Trading price:   16,000,000 JPY,    Unit price:   228,571 JPY/sq.m

2. Nara Yamatokoriyama-Shi 小泉町 (Yamatokoriyama-Shi Yamatokoizumi 6.0 min walk)
22.0 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2012-03-01 00:00:00

Trading price:   12,000,000 JPY,    Unit price:   171,429 JPY/sq.m

3. Nara Yamatokoriyama-Shi 材木町 (Yamatokoriyama-Shi Kooriyama 6.0 min walk)
21.0 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2018-03-01 00:00:00

Trading price:   16,000,000 JPY,    Unit price:   228,571 JPY/sq.m

4. Nara Yamatokoriyama-Shi 材木町 (Yamatokoriyama-Shi Kooriyama 6.0 min walk)
20.8 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2017-12-01 00:00:00

Trading price:   14,000,000 JPY,    Unit price:   200,000 JPY/sq.m

5. Nara Yamatokoriyama-Shi 南大工町 (Yamatokoriyama-Shi Kinntetsukooriyama 6.0 min walk)
22.5 years old , Area: 65.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2008-09-01 00:00:00

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

6. Nara Yamatokoriyama-Shi 材木町 (Yamatokoriyama-Shi Kooriyama 6.0 min walk)
23.5 years old , Area: 75.0 sq.m , Total floor area: sq.m , Structure: RC
- Trading date: 2020-09-01 00:00:00

Trading price:   17,000,000 JPY,    Unit price:   226,667 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 recently constructed buildings under 6 years old.

Cause of price increases

  • A dramatic increase in transactions involving recently constructed buildings under 6 years old (representing 5.9% of total transactions in 2019 and 13.3% of total transactions in 2020)

Causes of price decreases

  • A dramatic increase in transactions involving relatively old buildings under 40 years old (representing 29.4% of total transactions in 2019 and 40.0% of total transactions in 2020)
The table below shows Apartment dealt in Nara Yamatokoriyama-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 Yamatokoriyama-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
Oji-Cho 久度 (56) [Area]12,000,000200,000 JPY/sq.m18.1 yrs6 min65 sq.m
Ikoma-Shi 辻町 (88) [Area]16,000,000200,000 JPY/sq.m19.3 yrs8 min75 sq.m
Nara (5,143) [Area]12,500,000185,714 JPY/sq.m23.5 yrs8 min70 sq.m
Nara-Shi 大森町 (26) [Area]11,500,000183,974 JPY/sq.m18.8 yrs8 min65 sq.m
JR JR Yamatoji Line (639) [Stations]13,000,000200,000 JPY/sq.m18.3 yrs6 min70 sq.m
JR JR Nara Line (350) [Stations]12,000,000200,000 JPY/sq.m18.5 yrs6 min65 sq.m
JR Yamatoji Line Nara (321) [Stations]11,000,000200,000 JPY/sq.m19.3 yrs6 min65 sq.m
JR Nara Line Nara (321) [Stations]11,000,000200,000 JPY/sq.m19.3 yrs6 min65 sq.m
JR Sakurai Line Nara (321) [Stations]11,000,000200,000 JPY/sq.m19.3 yrs6 min65 sq.m