Sakata-Shi Apartment average value

Price 180,890 JPY/sq.m
- Age 13.0 years old
- Dist. from Sta. 25.8 min walk
- Property area 65.7 sq.m

The average price of Yamagata Sakata-Shi Apartment, in 2018 was 138,462 JPY/sq.m. The market value represents a decrease of 121,360 JPY (-46.7%) compared to 1 year ago and a transition to a dramatic market.

One distinguishing feature of recent real-estate transactions was a dramatic decrease in transactions involving relatively new buildings under 20 years old.

Cause of price increases

  • An decrease in average distance from the station (representing 28.0 min in 2017 and 24.5 min in 2018; -12.5%)

Causes of price decreases

  • A dramatic increase in average age of the building (representing 14.3 years old in 2017 and 18.0 years old in 2018; +26.3%)
Data regarding the market value and its changes of Apartment in Sakata-Shi were calculated using data on the sales of 30 properties provided by the MLIT Japan.

Sakata-Shi Apartment market value list

AreaAverage Trading PriceAverage Unit Price#
大宮町14,225,000 JPY212,295 JPY/sq.m8 件
日吉町9,842,857 JPY145,812 JPY/sq.m14 件
東大町13,375,000 JPY210,872 JPY/sq.m8 件

Sakata-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 New231,612 JPY/sq.m100 %
Residual Value (10 Years)194,993 JPY/sq.m84 %
Residual Value (20 Years)147,321 JPY/sq.m64 %
Residual Value (20 Years)88,596 JPY/sq.m38 %
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 Sakata-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 Sakata-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. Yamagata Sakata-Shi 日吉町 (Sakata-Shi Sakata 24.0 min walk)
14.8 years old , Area: 65.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2011-12-01 00:00:00

Trading price:   4,000,000 JPY,    Unit price:   61,538 JPY/sq.m

2. Yamagata Sakata-Shi 日吉町 (Sakata-Shi Sakata 24.0 min walk)
12.8 years old , Area: 65.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2009-12-01 00:00:00

Trading price:   8,800,000 JPY,    Unit price:   135,385 JPY/sq.m

3. Yamagata Sakata-Shi 日吉町 (Sakata-Shi Sakata 24.0 min walk)
15.0 years old , Area: 65.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2012-03-01 00:00:00

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

4. Yamagata Sakata-Shi 日吉町 (Sakata-Shi Sakata 24.0 min walk)
12.5 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2009-09-01 00:00:00

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

5. Yamagata Sakata-Shi 東大町 (Sakata-Shi Sakata 26.0 min walk)
13.8 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:   18,000,000 JPY,    Unit price:   257,143 JPY/sq.m

6. Yamagata Sakata-Shi 東大町 (Sakata-Shi Sakata 26.0 min walk)
14.3 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:   14,000,000 JPY,    Unit price:   215,385 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 decrease in transactions involving relatively new buildings under 20 years old.

Cause of price increases

  • An decrease in average distance from the station (representing 28.0 min in 2017 and 24.5 min in 2018; -12.5%)

Causes of price decreases

  • A dramatic increase in average age of the building (representing 14.3 years old in 2017 and 18.0 years old in 2018; +26.3%)
The table below shows Apartment dealt in Yamagata Sakata-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 Sakata-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
Yamagata-Shi 南二番町 (10) [Area]14,000,000200,000 JPY/sq.m14.6 yrs26 min75 sq.m
Sakata-Shi 日吉町 (14) [Area]10,500,000161,538 JPY/sq.m15.4 yrs24 min65 sq.m
Yamagata-Shi 小白川町 (22) [Area]15,000,000213,810 JPY/sq.m13.3 yrs30 min65 sq.m
JR Uetsu Main Line Sakata (30) [Stations]12,000,000179,166 JPY/sq.m13.8 yrs24 min65 sq.m
JR Ou Main Line Zaou (14) [Stations]19,000,000214,836 JPY/sq.m12.0 yrs30 min70 sq.m
JR JR Aterazawa Line (34) [Stations]15,000,000216,250 JPY/sq.m14.6 yrs21 min72 sq.m
JR Ou Main Line Kitayamagata (34) [Stations]15,000,000216,250 JPY/sq.m14.6 yrs21 min72 sq.m
JR Aterazawa Line Kitayamagata (34) [Stations]15,000,000216,250 JPY/sq.m14.6 yrs21 min72 sq.m