Saga-Shi Apartment average value

Price 190,445 JPY/sq.m
- Age 20.1 years old
- Dist. from Sta. 21.2 min walk
- Property area 73.5 sq.m

The average price of Saga Saga-Shi Apartment, in 2020 was 219,990 JPY/sq.m. The market value represents an increase of 31,895 JPY (+17.0%) compared to 1 year ago and a transition to a bull market.

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving size for a general family households less than 100 sq.m, as well as a dramatic increase in transactions involving relatively new buildings under 20 years old.

Cause of price increases

  • An decrease in average age of the building (representing 21.3 years old in 2019 and 17.3 years old in 2020; -18.7%)
  • A dramatic decrease in transactions involving relatively old buildings under 40 years old (representing 51.4% of total transactions in 2019 and 27.6% of total transactions in 2020)
  • A dramatic increase in transactions involving recently constructed buildings under 6 years old (representing 2.9% of total transactions in 2019 and 3.4% 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 5.3% of total transactions in 2019 and 3.2% of total transactions in 2020)
Data regarding the market value and its changes of Apartment in Saga-Shi were calculated using data on the sales of 538 properties provided by the MLIT Japan.

Saga-Shi Apartment market value list

AreaAverage Trading PriceAverage Unit Price#
八幡小路11,366,667 JPY135,098 JPY/sq.m6 件
八戸溝13,500,000 JPY150,000 JPY/sq.m2 件
伊勢町9,260,000 JPY136,176 JPY/sq.m5 件
兵庫北19,500,000 JPY250,536 JPY/sq.m20 件
兵庫南16,307,143 JPY187,618 JPY/sq.m14 件
兵庫町13,775,000 JPY184,672 JPY/sq.m4 件
卸本町14,035,714 JPY200,188 JPY/sq.m14 件
呉服元町13,250,000 JPY204,091 JPY/sq.m4 件
唐人10,593,750 JPY152,692 JPY/sq.m16 件
城内9,500,000 JPY131,590 JPY/sq.m3 件
堀川町9,851,613 JPY144,151 JPY/sq.m32 件
大和町大字尼寺17,500,000 JPY259,890 JPY/sq.m2 件
大財9,454,167 JPY135,495 JPY/sq.m48 件
天神10,942,105 JPY154,338 JPY/sq.m19 件
巨勢町15,000,000 JPY230,208 JPY/sq.m4 件
愛敬町7,825,000 JPY109,690 JPY/sq.m4 件
新中町19,142,857 JPY256,660 JPY/sq.m14 件
新栄東12,216,667 JPY146,106 JPY/sq.m6 件
本庄町10,214,286 JPY140,384 JPY/sq.m7 件
松原10,141,818 JPY158,878 JPY/sq.m55 件
栄町4,923,529 JPY128,774 JPY/sq.m17 件
水ケ江13,927,586 JPY176,652 JPY/sq.m29 件
田代7,216,667 JPY95,430 JPY/sq.m19 件
白山10,980,000 JPY147,114 JPY/sq.m20 件
神園10,100,000 JPY141,667 JPY/sq.m4 件
神野東11,197,619 JPY155,402 JPY/sq.m42 件
神野西16,625,000 JPY216,471 JPY/sq.m8 件
若宮16,250,000 JPY188,720 JPY/sq.m8 件
若楠17,000,000 JPY200,000 JPY/sq.m1 件
西田代5,150,000 JPY98,702 JPY/sq.m4 件
諸富町大字徳富11,990,000 JPY349,062 JPY/sq.m10 件
鍋島14,439,286 JPY185,710 JPY/sq.m28 件
開成16,000,000 JPY208,988 JPY/sq.m11 件
駅前中央16,527,778 JPY210,400 JPY/sq.m18 件
駅南本町16,657,143 JPY210,519 JPY/sq.m21 件
高木瀬町17,000,000 JPY216,209 JPY/sq.m3 件
鬼丸町15,750,000 JPY198,130 JPY/sq.m14 件

Saga-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 New362,423 JPY/sq.m100 %
Residual Value (10 Years)256,320 JPY/sq.m71 %
Residual Value (20 Years)179,860 JPY/sq.m50 %
Residual Value (20 Years)133,043 JPY/sq.m37 %
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 Saga-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 Saga-Shi Apartment that meet the above conditions were calculated in the following manner.

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({{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. Saga Saga-Shi 堀川町 (Saga-Shi Saga 24.0 min walk)
19.5 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 4LDK , Structure: SRC
- Trading date: 2010-09-01 00:00:00

Trading price:   9,900,000 JPY,    Unit price:   141,429 JPY/sq.m

2. Saga Saga-Shi 伊勢町 (Saga-Shi Saga 23.0 min walk)
20.0 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2014-03-01 00:00:00

Trading price:   8,300,000 JPY,    Unit price:   118,571 JPY/sq.m

3. Saga Saga-Shi 堀川町 (Saga-Shi Saga 26.0 min walk)
18.5 years old , Area: 75.0 sq.m , Total floor area: sq.m , Layout: 4LDK , Structure: SRC
- Trading date: 2013-09-01 00:00:00

Trading price:   9,000,000 JPY,    Unit price:   120,000 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 size for a general family households less than 100 sq.m, as well as a dramatic increase in transactions involving relatively new buildings under 20 years old.

Cause of price increases

  • An decrease in average age of the building (representing 21.3 years old in 2019 and 17.3 years old in 2020; -18.7%)
  • A dramatic decrease in transactions involving relatively old buildings under 40 years old (representing 51.4% of total transactions in 2019 and 27.6% of total transactions in 2020)
  • A dramatic increase in transactions involving recently constructed buildings under 6 years old (representing 2.9% of total transactions in 2019 and 3.4% 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 5.3% of total transactions in 2019 and 3.2% of total transactions in 2020)
The table below shows Apartment dealt in Saga Saga-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 Saga-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
Saga (630) [Area]14,000,000188,235 JPY/sq.m20.0 yrs19 min75 sq.m
Saga-Shi 若宮 (8) [Area]16,500,000188,070 JPY/sq.m15.1 yrs25 min85 sq.m
Saga-Shi 兵庫町 (4) [Area]14,000,000184,822 JPY/sq.m19.5 yrs16 min72 sq.m
Saga-Shi 神野西 (8) [Area]15,000,000206,666 JPY/sq.m16.6 yrs13 min75 sq.m
JR Nagasaki Main Line Saga (526) [Stations]14,000,000189,474 JPY/sq.m19.8 yrs24 min70 sq.m
JR JR Nagasaki Main Line (534) [Stations]14,000,000188,854 JPY/sq.m19.5 yrs24 min72 sq.m
JR (625) [Stations]14,000,000188,235 JPY/sq.m20.0 yrs19 min75 sq.m