Minami-Ku Apartment average value

Price 448,304 JPY/sq.m
- Age 21.4 years old
- Dist. from Sta. 11.0 min walk
- Property area 63.2 sq.m

The average price of Saitama-Shi Minami-Ku Apartment, in 2020 was 443,351 JPY/sq.m. The market value represents a decrease of 33,250 JPY (-7.0%) compared to 1 year ago and a transition to a bear market.

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving locations more than twenty minutes by foot from the station, outside of walking distance, as well as a dramatic increase in transactions involving relatively new buildings under 20 years old.

Cause of price increases

  • An decrease in transactions involving older buildings over 40 years old (representing 4.2% of total transactions in 2019 and 3.7% of total transactions in 2020)

Causes of price decreases

  • An increase in average distance from the station (representing 10.2 min in 2019 and 11.6 min in 2020; +13.6%)
  • A dramatic decrease in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 19.2% of total transactions in 2019 and 13.4% of total transactions in 2020)
  • A dramatic decrease in transactions involving recently constructed buildings under 6 years old (representing 13.6% of total transactions in 2019 and 6.1% of total transactions in 2020)
Data regarding the market value and its changes of Apartment in Minami-Ku were calculated using data on the sales of 2,397 properties provided by the MLIT Japan.

Minami-Ku Apartment market value list

AreaAverage Trading PriceAverage Unit Price#
四谷19,863,158 JPY315,332 JPY/sq.m38 件
内谷21,274,194 JPY322,611 JPY/sq.m152 件
別所46,300,000 JPY672,848 JPY/sq.m280 件
南本町29,822,727 JPY510,650 JPY/sq.m78 件
南浦和33,708,333 JPY566,774 JPY/sq.m87 件
大字円正寺13,250,000 JPY225,379 JPY/sq.m4 件
大字大谷口17,822,000 JPY266,592 JPY/sq.m50 件
大字太田窪19,909,259 JPY282,684 JPY/sq.m54 件
大字広ケ谷戸11,000,000 JPY181,569 JPY/sq.m6 件
大谷場22,812,698 JPY345,501 JPY/sq.m63 件
太田窪14,696,154 JPY250,416 JPY/sq.m52 件
文蔵25,401,961 JPY389,114 JPY/sq.m190 件
曲本17,832,530 JPY295,387 JPY/sq.m83 件
松本13,717,308 JPY207,969 JPY/sq.m52 件
根岸28,588,235 JPY439,986 JPY/sq.m146 件
沼影39,347,273 JPY623,000 JPY/sq.m393 件
白幡21,587,500 JPY371,926 JPY/sq.m303 件
神明36,285,714 JPY507,378 JPY/sq.m7 件
17,926,923 JPY282,046 JPY/sq.m191 件
22,428,571 JPY383,809 JPY/sq.m7 件
鹿手袋30,545,454 JPY455,333 JPY/sq.m161 件

Minami-Ku 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 New779,726 JPY/sq.m100 %
Residual Value (10 Years)588,849 JPY/sq.m76 %
Residual Value (20 Years)442,756 JPY/sq.m57 %
Residual Value (20 Years)341,448 JPY/sq.m44 %
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 Minami-Ku 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 Minami-Ku 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. Saitama Saitama-Shi Minami-Ku 神明 (Saitama-Shi Minamiurawa 11.0 min walk)
22.3 years old , Area: 65.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2017-06-01 00:00:00

Trading price:   32,000,000 JPY,    Unit price:   492,308 JPY/sq.m

2. Saitama Saitama-Shi Minami-Ku 根岸 (Saitama-Shi Minamiurawa 11.0 min walk)
22.3 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:   17,000,000 JPY,    Unit price:   261,538 JPY/sq.m

3. Saitama Saitama-Shi Minami-Ku 白幡 (Saitama-Shi Musashi-Urawa 11.0 min walk)
22.0 years old , Area: 65.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2009-03-01 00:00:00

Trading price:   16,000,000 JPY,    Unit price:   246,154 JPY/sq.m

4. Saitama Saitama-Shi Minami-Ku 根岸 (Saitama-Shi Minamiurawa 11.0 min walk)
21.5 years old , Area: 65.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2015-09-01 00:00:00

Trading price:   30,000,000 JPY,    Unit price:   461,538 JPY/sq.m

5. Saitama Saitama-Shi Minami-Ku 鹿手袋 (Saitama-Shi Musashi-Urawa 12.0 min walk)
22.5 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2018-09-01 00:00:00

Trading price:   27,000,000 JPY,    Unit price:   385,714 JPY/sq.m

6. Saitama Saitama-Shi Minami-Ku 四谷 (Saitama-Shi Nishiurawa 10.0 min walk)
22.5 years old , Area: 60.0 sq.m , Total floor area: sq.m , Structure: RC
- Trading date: 2016-09-01 00:00:00

Trading price:   22,000,000 JPY,    Unit price:   366,667 JPY/sq.m

7. Saitama Saitama-Shi Minami-Ku 鹿手袋 (Saitama-Shi Musashi-Urawa 10.0 min walk)
22.8 years old , Area: 65.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2020-12-01 00:00:00

Trading price:   23,000,000 JPY,    Unit price:   353,846 JPY/sq.m

8. Saitama Saitama-Shi Minami-Ku 白幡 (Saitama-Shi Musashi-Urawa 11.0 min walk)
23.3 years old , Area: 65.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2011-06-01 00:00:00

Trading price:   15,000,000 JPY,    Unit price:   230,769 JPY/sq.m

9. Saitama Saitama-Shi Minami-Ku 根岸 (Saitama-Shi Minamiurawa 11.0 min walk)
21.3 years old , Area: 65.0 sq.m , Total floor area: sq.m , Layout: 2LDK+S , Structure: RC
- Trading date: 2019-06-01 00:00:00

Trading price:   27,000,000 JPY,    Unit price:   415,385 JPY/sq.m

10. Saitama Saitama-Shi Minami-Ku 大字太田窪 (Saitama-Shi Minamiurawa 12.0 min walk)
21.5 years old , Area: 70.0 sq.m , Total floor area: sq.m , Structure: RC
- Trading date: 2018-09-01 00:00:00

Trading price:   30,000,000 JPY,    Unit price:   428,571 JPY/sq.m

11. Saitama Saitama-Shi Minami-Ku 文蔵 (Saitama-Shi Minamiurawa 10.0 min walk)
21.5 years old , Area: 60.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2007-09-01 00:00:00

Trading price:   19,000,000 JPY,    Unit price:   316,667 JPY/sq.m

12. Saitama Saitama-Shi Minami-Ku 根岸 (Saitama-Shi Minamiurawa 11.0 min walk)
23.5 years old , Area: 65.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2009-09-01 00:00:00

Trading price:   18,000,000 JPY,    Unit price:   276,923 JPY/sq.m

13. Saitama Saitama-Shi Minami-Ku 大谷場 (Saitama-Shi Minamiurawa 10.0 min walk)
21.3 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2016-06-01 00:00:00

Trading price:   26,000,000 JPY,    Unit price:   371,429 JPY/sq.m

14. Saitama Saitama-Shi Minami-Ku 大字太田窪 (Saitama-Shi Minamiurawa 12.0 min walk)
21.3 years old , Area: 65.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2018-06-01 00:00:00

Trading price:   32,000,000 JPY,    Unit price:   492,308 JPY/sq.m

15. Saitama Saitama-Shi Minami-Ku 鹿手袋 (Saitama-Shi Musashi-Urawa 10.0 min walk)
21.0 years old , Area: 65.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2019-03-01 00:00:00

Trading price:   29,000,000 JPY,    Unit price:   446,154 JPY/sq.m

16. Saitama Saitama-Shi Minami-Ku 別所 (Saitama-Shi Nakaurawa 11.0 min walk)
20.8 years old , Area: 65.0 sq.m , Total floor area: sq.m , Layout: オープンフロア , Structure: SRC
- Trading date: 2014-12-01 00:00:00

Trading price:   19,000,000 JPY,    Unit price:   292,308 JPY/sq.m

17. Saitama Saitama-Shi Minami-Ku 根岸 (Saitama-Shi Minamiurawa 11.0 min walk)
24.0 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2016-03-01 00:00:00

Trading price:   47,000,000 JPY,    Unit price:   671,429 JPY/sq.m

18. Saitama Saitama-Shi Minami-Ku 大谷場 (Saitama-Shi Minamiurawa 10.0 min walk)
24.0 years old , Area: 65.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2019-03-01 00:00:00

Trading price:   25,000,000 JPY,    Unit price:   384,615 JPY/sq.m

19. Saitama Saitama-Shi Minami-Ku 根岸 (Saitama-Shi Minamiurawa 12.0 min walk)
20.3 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2019-06-01 00:00:00

Trading price:   30,000,000 JPY,    Unit price:   428,571 JPY/sq.m

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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 more than twenty minutes by foot from the station, outside of walking distance, as well as a dramatic increase in transactions involving relatively new buildings under 20 years old.

Cause of price increases

  • An decrease in transactions involving older buildings over 40 years old (representing 4.2% of total transactions in 2019 and 3.7% of total transactions in 2020)

Causes of price decreases

  • An increase in average distance from the station (representing 10.2 min in 2019 and 11.6 min in 2020; +13.6%)
  • A dramatic decrease in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 19.2% of total transactions in 2019 and 13.4% of total transactions in 2020)
  • A dramatic decrease in transactions involving recently constructed buildings under 6 years old (representing 13.6% of total transactions in 2019 and 6.1% of total transactions in 2020)
The table below shows Apartment dealt in Saitama-Shi Minami-Ku, 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 Minami-Ku

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
Minami-Ku 根岸 (146) [Area]29,000,000441,259 JPY/sq.m22.3 yrs12 min65 sq.m
Saitama-Shi Omiya-Ku (1,283) [Area]28,000,000483,333 JPY/sq.m17.3 yrs11 min65 sq.m
Omiya-Ku 東町 (46) [Area]31,500,000407,692 JPY/sq.m20.5 yrs12 min65 sq.m
Minami-Ku 神明 (7) [Area]39,000,000500,000 JPY/sq.m22.3 yrs11 min70 sq.m