Sanjo-Shi Apartment average value
- Age 25.9 years old
- Dist. from Sta. 4.4 min walk
- Property area 73.5 sq.m
The average price of Niigata Sanjo-Shi Apartment, in 2020 was 292,308 JPY/sq.m. The market value represents an increase of 149,683 JPY (+104.9%) 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 locations relatively near to the station less than six minutes by foot from the station.
Cause of price increases
- A dramatic decrease in average age of the building (representing 18.3 years old in 2019 and 10.3 years old in 2020; -43.8%)
- A dramatic increase in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 25.0% of total transactions in 2019 and 50.0% of total transactions in 2020)
Causes of price decreases
- A dramatic increase in average distance from the station (representing 4.5 min in 2019 and 5.5 min in 2020; +22.2%)
Sanjo-Shi Apartment market value list
|Area||Average Trading Price||Average Unit Price||#|
|東三条||12,326,667 JPY||165,769 JPY/sq.m||30 件|
|東裏館||11,250,000 JPY||146,973 JPY/sq.m||6 件|