Okinawa-Shi Home average value

Price 46,855,085 JPY
  (264,380 JPY/sq.m)
- Age 20.1 years old
- Property area 368.2 sq.m
- Total floor area 229.1 sq.m

The average price of a sq.m Home of Okinawa Okinawa-Shi, in 2017 was 279,925 JPY/sq.m. The market value represents a decrease of 14,592 JPY (-5.0%) compared to 1 year ago and a transition to a some market. 16 properties exchanged hands ( The market value represents a decrease of 39 (-70.9%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 14.5 years old (a -26.5% decrease compared to the 19.7 years old of last year.). The average size of the real estate was 415.9 sq.m (a +2.9% increase compared to the 404.2 sq.m of last year.). The average total floor space of the real estate was 247.0 sq.m (a +15.5% increase compared to the 213.8 sq.m of last year.).

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving recently constructed buildings under 6 years old.

Cause of price increases

  • A dramatic decrease in average age of the building (representing 19.7 years old in 2016 and 14.5 years old in 2017; -26.5%)
  • A dramatic increase in transactions involving recently constructed buildings under 6 years old (representing 4.4% of total transactions in 2016 and 23.1% of total transactions in 2017)

Causes of price decreases

  • A dramatic increase in transactions involving relatively old buildings under 40 years old (representing 33.3% of total transactions in 2016 and 46.2% of total transactions in 2017)
Data regarding the market value and its changes of Home in Okinawa-Shi were calculated using data on the sales of 426 properties provided by the MLIT Japan.

Okinawa-Shi Home market value list

AreaAverage Trading PriceAverage Unit Price
泡瀬29,768,254 JPY191,158 JPY/sq.m
高原45,068,966 JPY225,022 JPY/sq.m
字古謝34,070,370 JPY204,702 JPY/sq.m
上地39,791,667 JPY187,331 JPY/sq.m
海邦34,458,333 JPY200,521 JPY/sq.m
比屋根114,525,000 JPY246,143 JPY/sq.m
松本21,866,667 JPY240,356 JPY/sq.m
与儀301,935,714 JPY202,761 JPY/sq.m
知花74,071,429 JPY347,266 JPY/sq.m
美里25,853,846 JPY250,440 JPY/sq.m
登川23,333,333 JPY218,568 JPY/sq.m
照屋18,833,333 JPY134,928 JPY/sq.m
山内31,090,909 JPY224,664 JPY/sq.m
諸見里46,454,546 JPY232,986 JPY/sq.m
字美里33,181,818 JPY248,279 JPY/sq.m
大里25,454,546 JPY212,366 JPY/sq.m
南桃原29,700,000 JPY233,702 JPY/sq.m
胡屋61,800,000 JPY222,260 JPY/sq.m
宮里37,100,000 JPY254,329 JPY/sq.m
中央22,037,500 JPY88,207 JPY/sq.m
桃原19,000,000 JPY177,140 JPY/sq.m
園田12,900,000 JPY114,849 JPY/sq.m
久保田36,571,429 JPY237,947 JPY/sq.m
山里20,742,857 JPY107,310 JPY/sq.m
安慶田40,285,714 JPY271,193 JPY/sq.m
池原19,866,667 JPY224,374 JPY/sq.m
字桃原44,833,333 JPY299,015 JPY/sq.m
美原67,200,000 JPY357,244 JPY/sq.m
字登川26,600,000 JPY242,600 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 New333,457 JPY/sq.m100 %
Residual Value (10 Years)278,275 JPY/sq.m83 %
Residual Value (20 Years)239,307 JPY/sq.m72 %
Residual Value (20 Years)216,553 JPY/sq.m65 %
Color:
Unit:   Touch:
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




Top

Calculate Okinawa-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 Okinawa Okinawa-Shi Home that meet the above conditions were calculated in the following manner.

{{currentObj|applyRegCalculatePrecise:averageObj:coefObj:true:true}}
({{unit_price|number:0}} JPY/sq.m)

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

Top

Trading Data

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

Related sales({{similarlist.length}})

1. Okinawa Okinawa-Shi 上地$station $station_distance min walk)
21.8 years old , Area: 200 sq.m , Total floor area: 280 sq.m , Structure: RC
- Trading date: 2013-12-01T00:00:00Z
Trading price:   36,000,000 JPY,    Unit price:   128,571 JPY/sq.m
2. Okinawa Okinawa-Shi 海邦$station $station_distance min walk)
21.3 years old , Area: 220 sq.m , Total floor area: 85 sq.m , Structure: RC
- Trading date: 2013-06-01T00:00:00Z
Trading price:   18,000,000 JPY,    Unit price:   211,764 JPY/sq.m
3. Okinawa Okinawa-Shi 美里$station $station_distance min walk)
21.8 years old , Area: 185 sq.m , Total floor area: 85 sq.m , Structure: RC
- Trading date: 2016-12-01T00:00:00Z
Trading price:   28,000,000 JPY,    Unit price:   329,411 JPY/sq.m
4. Okinawa Okinawa-Shi 照屋$station $station_distance min walk)
20.8 years old , Area: 195 sq.m , Total floor area: 270 sq.m , Structure: RC
- Trading date: 2008-12-01T00:00:00Z
Trading price:   19,000,000 JPY,    Unit price:   70,370 JPY/sq.m
5. Okinawa Okinawa-Shi 胡屋$station $station_distance min walk)
20.5 years old , Area: 210 sq.m , Total floor area: 155 sq.m , Structure: RC
- Trading date: 2012-09-01T00:00:00Z
Trading price:   20,000,000 JPY,    Unit price:   129,032 JPY/sq.m
6. Okinawa Okinawa-Shi 桃原$station $station_distance min walk)
23.3 years old , Area: 220 sq.m , Total floor area: 95 sq.m , Structure: RC
- Trading date: 2007-06-01T00:00:00Z
Trading price:   12,000,000 JPY,    Unit price:   126,315 JPY/sq.m
7. Okinawa Okinawa-Shi 池原$station $station_distance min walk)
19.5 years old , Area: 220 sq.m , Total floor area: 130 sq.m , Structure: RC
- Trading date: 2015-09-01T00:00:00Z
Trading price:   16,000,000 JPY,    Unit price:   123,076 JPY/sq.m
{{$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
Top

Home market value trends

Market value trends for Home are as follows.

Data:
Unit:   Touch:

Breakdown of each segment

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving recently constructed buildings under 6 years old.

Cause of price increases

  • A dramatic decrease in average age of the building (representing 19.7 years old in 2016 and 14.5 years old in 2017; -26.5%)
  • A dramatic increase in transactions involving recently constructed buildings under 6 years old (representing 4.4% of total transactions in 2016 and 23.1% of total transactions in 2017)

Causes of price decreases

  • A dramatic increase in transactions involving relatively old buildings under 40 years old (representing 33.3% of total transactions in 2016 and 46.2% of total transactions in 2017)
The table below shows Home dealt in Okinawa Okinawa-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:

    Top

    Area close to the price in Okinawa-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
    Chatan-Cho 字港 (6) [Area]37,000,000271,42822.5 yrs min300 sq.m
    Nago-Shi 宇茂佐の森 (5) [Area]30,000,000251,55218.3 yrs min300 sq.m
    Naha-Shi 金城 (9) [Area]65,000,000282,35218.0 yrs12 min440 sq.m
    Naha-Shi 壺川 (11) [Area]110,000,000229,34718.8 yrs4 min430 sq.m
    Okinawa-Shi 知花 (14) [Area]28,000,000225,45416.3 yrs min295 sq.m
    Okinawa Monorail Oroku (28) [Stations]49,000,000250,00022.8 yrs10 min265 sq.m
    Okinawa Monorail Shuri (68) [Stations]30,000,000243,24327.5 yrs13 min210 sq.m
    Okinawa Monorail Akamine (25) [Stations]32,000,000237,50023.9 yrs11 min170 sq.m
    Okinawa Monorail Shiritsubyouinnmae (17) [Stations]38,000,000237,50019.3 yrs5 min200 sq.m
    Other Okinawa Monorail (513) [Stations]58,000,000227,84829.5 yrs9 min200 sq.m
    Top