Ginowan-Shi Home average value

Price 60,363,636 JPY
  (238,191 JPY/sq.m)
- Age 21.1 years old
- Property area 323.8 sq.m
- Total floor area 358.8 sq.m

The average price of a sq.m Home of Okinawa Ginowan-Shi, in 2017 was 260,106 JPY/sq.m. The market value represents an increase of 29,123 JPY (+12.6%) compared to 1 year ago and a transition to a bull market. 7 properties exchanged hands ( The market value represents a decrease of 16 (-69.6%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 15.4 years old (a -31.2% decrease compared to the 22.3 years old of last year.). The average size of the real estate was 403.6 sq.m (a +16.4% increase compared to the 346.7 sq.m of last year.). The average total floor space of the real estate was 566.4 sq.m (a +35.4% increase compared to the 418.2 sq.m of last year.).

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving size for a general family households less than 100 sq.m.

Cause of price increases

  • A dramatic decrease in average age of the building (representing 22.3 years old in 2016 and 15.4 years old in 2017; -31.2%)
  • A dramatic increase in transactions involving nearly new buildings under 3 years old (representing 13.6% of total transactions in 2016 and 42.9% of total transactions in 2017)

Causes of price decreases

  • A dramatic increase in transactions involving older buildings over 40 years old (representing 4.5% of total transactions in 2016 and 14.3% of total transactions in 2017)
Data regarding the market value and its changes of Home in Ginowan-Shi were calculated using data on the sales of 210 properties provided by the MLIT Japan.

Ginowan-Shi Home market value list

AreaAverage Trading PriceAverage Unit Price
真栄原48,562,500 JPY197,256 JPY/sq.m
大山59,789,474 JPY205,454 JPY/sq.m
野嵩30,558,824 JPY257,736 JPY/sq.m
我如古32,250,000 JPY213,923 JPY/sq.m
普天間34,753,333 JPY89,557 JPY/sq.m
長田31,785,714 JPY268,744 JPY/sq.m
宜野湾42,750,000 JPY257,680 JPY/sq.m
字愛知27,666,667 JPY181,834 JPY/sq.m
真志喜111,000,000 JPY206,466 JPY/sq.m
伊佐42,444,444 JPY215,447 JPY/sq.m
新城38,344,444 JPY219,426 JPY/sq.m
志真志55,000,000 JPY205,963 JPY/sq.m
字宇地泊626,285,714 JPY212,412 JPY/sq.m
嘉数22,666,667 JPY200,292 JPY/sq.m
大謝名28,666,667 JPY238,603 JPY/sq.m
赤道23,166,667 JPY240,100 JPY/sq.m

Home value Age transition

Market values (unit price: sq.m, m2) in terms of Age, is as follow.

The orange line means market values (unit price: sq.m) for Home 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 New358,886 JPY/sq.m100 %
Residual Value (10 Years)266,834 JPY/sq.m74 %
Residual Value (20 Years)205,101 JPY/sq.m57 %
Residual Value (20 Years)173,686 JPY/sq.m48 %
Color:
Unit:   Touch:



Home value Age transition. Market values in terms of Age.

Home 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




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Calculate Ginowan-Shi Home market value

We can calculate market values for Home 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 Ginowan-Shi Home that meet the above conditions were calculated in the following manner.

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({{unit_price|number:0}} JPY/sq.m)

The assumed transaction price, not including agency commissions, taxes, etc.

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Trading Data

Past Home sales data, with similarly entered ages, area, and distances from station are as follows.

1. Okinawa Ginowan-Shi 宜野湾$station $station_distance min walk)
19.0 years old , Area: 210 sq.m , Total floor area: 250 sq.m , Structure: RC
- Trading date: 2015-03-01T00:00:00Z

Trading price:   46,000,000 JPY,    Unit price:   184,000 JPY/sq.m

2. Okinawa Ginowan-Shi 真志喜$station $station_distance min walk)
18.8 years old , Area: 170 sq.m , Total floor area: 210 sq.m , Structure: RC
- Trading date: 2012-12-01T00:00:00Z

Trading price:   36,000,000 JPY,    Unit price:   171,428 JPY/sq.m

3. Okinawa Ginowan-Shi 嘉数$station $station_distance min walk)
18.7 years old , Area: 240 sq.m , Total floor area: 240 sq.m , Structure: RC
- Trading date: 2007-09-01T00:00:00Z

Trading price:   33,000,000 JPY,    Unit price:   137,500 JPY/sq.m

4. Okinawa Ginowan-Shi 大山$station $station_distance min walk)
23.0 years old , Area: 210 sq.m , Total floor area: 130 sq.m , Structure: SRC
- Trading date: 2011-03-01T00:00:00Z

Trading price:   30,000,000 JPY,    Unit price:   230,769 JPY/sq.m

5. Okinawa Ginowan-Shi 字宇地泊$station $station_distance min walk)
17.5 years old , Area: 250 sq.m , Total floor area: 340 sq.m , Structure: RC
- Trading date: 2008-09-01T00:00:00Z

Trading price:   67,000,000 JPY,    Unit price:   197,058 JPY/sq.m

6. Okinawa Ginowan-Shi 大謝名$station $station_distance min walk)
17.3 years old , Area: 230 sq.m , Total floor area: 200 sq.m , Structure: RC
- Trading date: 2007-06-01T00:00:00Z

Trading price:   39,000,000 JPY,    Unit price:   195,000 JPY/sq.m

7. Okinawa Ginowan-Shi 真栄原$station $station_distance min walk)
16.5 years old , Area: 210 sq.m , Total floor area: 75 sq.m , Structure: RC
- Trading date: 2007-09-01T00:00:00Z

Trading price:   22,000,000 JPY,    Unit price:   293,333 JPY/sq.m

8. Okinawa Ginowan-Shi 上原$station $station_distance min walk)
24.5 years old , Area: 250 sq.m , Total floor area: 230 sq.m
- Trading date: 2016-09-01T00:00:00Z

Trading price:   32,000,000 JPY,    Unit price:   139,130 JPY/sq.m

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- Trading date: {{item.trade_date|date:'MMMM, yyyy'}}

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Home market value trends

Market value trends for Home are as follows.

Data:
Unit:   Touch:



Home market value trends Market value trends for Home.

Home market value trends


Breakdown of each segment

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving size for a general family households less than 100 sq.m.

Cause of price increases

  • A dramatic decrease in average age of the building (representing 22.3 years old in 2016 and 15.4 years old in 2017; -31.2%)
  • A dramatic increase in transactions involving nearly new buildings under 3 years old (representing 13.6% of total transactions in 2016 and 42.9% of total transactions in 2017)

Causes of price decreases

  • A dramatic increase in transactions involving older buildings over 40 years old (representing 4.5% of total transactions in 2016 and 14.3% of total transactions in 2017)
The table below shows Home dealt in Okinawa Ginowan-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:

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    Area close to the price in Ginowan-Shi

    The closest areas in terms of Home 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
    Nakagusukuson 字久場 (4) [Area]23,000,000242,50019.1 yrs min275 sq.m
    Nago-Shi 宇茂佐の森 (5) [Area]30,000,000251,55218.4 yrs min300 sq.m
    Uruma-Shi 字兼箇段 (9) [Area]20,000,000220,00019.8 yrs min320 sq.m
    Ishigaki-Shi 字名蔵 (4) [Area]28,500,000219,15120.3 yrs min365 sq.m
    Ginowan-Shi 我如古 (16) [Area]28,000,000215,44119.6 yrs min325 sq.m
    Okinawa Monorail Shiritsubyouinnmae (17) [Stations]38,000,000237,50019.3 yrs5 min200 sq.m
    Okinawa Monorail Shuri (68) [Stations]30,000,000243,24327.5 yrs13 min210 sq.m
    Other Okinawa Monorail (515) [Stations]55,000,000229,72929.5 yrs9 min200 sq.m
    Other (515) [Stations]55,000,000229,72929.5 yrs9 min200 sq.m
    Okinawa Monorail Oroku (28) [Stations]49,000,000250,00022.8 yrs10 min265 sq.m
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