Gobo-Shi Home average value
- Age 26.7 years old
- Dist. from Sta. 23.6 min walk
- Property area 314.2 sq.m
- Total floor area 164.1 sq.m
The average price of a sq.m Home of Wakayama Gobo-Shi, in 2017 was 25,213 JPY/sq.m. The market value represents a decrease of 44,314 JPY (-63.7%) compared to 1 year ago and a transition to a dramatic market. 4 properties exchanged hands ( The market value represents a decrease of 10 (-71.4%) compared to 1 year ago and a transition to a dramatic market.).
The average age of the real estate was 31.2 years old (a +52.0% increase compared to the 20.5 years old of last year.). The average size of the real estate was 260.0 sq.m (a +8.0% increase compared to the 240.7 sq.m of last year.). The average total floor space of the real estate was 93.8 sq.m (a -26.4% decrease compared to the 127.3 sq.m of last year.).
One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving total floor space for a general family households less than 100 sq.m.
Cause of price increases
- A slight decrease in transactions involving relatively old buildings under 40 years old (representing 66.7% of total transactions in 2016 and 66.7% of total transactions in 2017)
Causes of price decreases
- A dramatic increase in average age of the building (representing 20.5 years old in 2016 and 31.2 years old in 2017; +52.0%)
- An increase in average distance from the station (representing 18.3 min in 2016 and 21.0 min in 2017; +14.8%)
Gobo-Shi Home market value list
|Area||Average Trading Price||Average Unit Price|
|湯川町||15,570,588 JPY||89,731 JPY/sq.m|
|藤田町||15,716,000 JPY||73,483 JPY/sq.m|
|薗||22,843,750 JPY||103,942 JPY/sq.m|
|島||5,212,667 JPY||39,484 JPY/sq.m|
|名田町||8,983,333 JPY||67,134 JPY/sq.m|
|塩屋町||10,166,667 JPY||88,879 JPY/sq.m|
|御坊||10,020,000 JPY||99,756 JPY/sq.m|