JR Tohoku Main Line Apartment average value
Price 12,685,603 JPY
- Age 20.7 years old
- Dist. from Sta. 20.5 min walk
- Property area 60.5 sq.m
The average price of a sq.m Apartment of Fukushima JR JR Tohoku Main Line, in 2017 was 166,610 JPY/sq.m. The market value represents a decrease of 31,523 JPY (-15.9%) compared to 1 year ago and a transition to a weak market. 13 properties exchanged hands ( The market value represents a decrease of 61 (-82.4%) compared to 1 year ago and a transition to a dramatic market.).
The average age of the real estate was 27.9 years old (a +28.0% increase compared to the 21.8 years old of last year.). The average size of the real estate was 50.8 sq.m (a -15.5% decrease compared to the 60.1 sq.m of last year.).
One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving small size for a single person households less than 30 sq.m.
Causes of price decreases
- A dramatic increase in average age of the building (representing 21.8 years old in 2016 and 27.9 years old in 2017; +28.0%)
- A dramatic increase in transactions involving older buildings over 40 years old (representing 5.6% of total transactions in 2016 and 15.4% of total transactions in 2017)
JR Tohoku Main Line Apartment market value list
|Stations||Average Trading Price||Average Unit Price|
|Asakanagamori||22,250,000 JPY||260,292 JPY/sq.m|
|Koriyama||11,681,286 JPY||180,601 JPY/sq.m|
|Minamifukushima||7,661,538 JPY||121,389 JPY/sq.m|
|Fukushima||14,656,098 JPY||235,805 JPY/sq.m|