Katta-Gun Home average value
Price 10,943,182 JPY
- Age 22.1 years old
- Dist. from Sta. 100.7 min walk
- Property area 557.8 sq.m
- Total floor area 139.5 sq.m
The average price of a sq.m Home of Miyagi Katta-Gun, in 2017 was 148,365 JPY/sq.m. The market value represents an increase of 7,442 JPY (+5.3%) compared to 1 year ago and a transition to a strong market. 4 properties exchanged hands ( The market value represents a decrease of 5 (-55.6%) compared to 1 year ago and a transition to a dramatic market.).
The average age of the real estate was 22.1 years old (a +20.6% increase compared to the 18.3 years old of last year.). The average size of the real estate was 440.0 sq.m (a -30.9% decrease compared to the 636.7 sq.m of last year.). The average total floor space of the real estate was 88.8 sq.m (a -1.4% decrease compared to the 90.0 sq.m of last year.).
One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving relatively large total floor space more than 100 sq.m.
Causes of price decreases
- A dramatic increase in average age of the building (representing 18.3 years old in 2016 and 22.1 years old in 2017; +20.6%)
- A dramatic increase in transactions involving relatively old buildings under 40 years old (representing 33.3% of total transactions in 2016 and 50.0% of total transactions in 2017)
Katta-Gun Home market value list
|Area||Average Trading Price||Average Unit Price|
|Zao-Machi||10,943,182 JPY||97,014 JPY/sq.m|