Other Apartment average value
Price 14,664,583 JPY
- Age 19.8 years old
- Dist. from Sta. 15.5 min walk
- Property area 58.1 sq.m
The average price of a sq.m Apartment of Fukushima Other, in 2017 was 184,139 JPY/sq.m. The market value represents a decrease of 64,154 JPY (-25.8%) compared to 1 year ago and a transition to a dramatic market. 7 properties exchanged hands ( The market value represents a decrease of 21 (-75.0%) compared to 1 year ago and a transition to a dramatic market.).
The average age of the real estate was 26.9 years old (a +37.2% increase compared to the 19.6 years old of last year.). The average size of the real estate was 51.4 sq.m (a -17.0% decrease compared to the 62.0 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 19.6 years old in 2016 and 26.9 years old in 2017; +37.2%)
- A dramatic increase in average distance from the station (representing 18.5 min in 2016 and 25.9 min in 2017; +39.8%)
- A dramatic increase in transactions involving relatively old buildings under 40 years old (representing 59.3% of total transactions in 2016 and 71.4% of total transactions in 2017)