JR Ōfunato Line Home average value
Price 16,362,651 JPY
- Age 27.0 years old
- Dist. from Sta. 52.8 min walk
- Property area 331.9 sq.m
- Total floor area 133.4 sq.m
The average price of a sq.m Home of Miyagi JR JR Ōfunato Line, in 2017 was 73,515 JPY/sq.m. The market value represents an increase of 9,322 JPY (+14.5%) compared to 1 year ago and a transition to a bull market. 4 properties exchanged hands ( The market value represents a decrease of 9 (-69.2%) compared to 1 year ago and a transition to a dramatic market.).
The average age of the real estate was 32.9 years old (a -15.7% decrease compared to the 39.0 years old of last year.). The average size of the real estate was 378.8 sq.m (a +13.3% increase compared to the 334.2 sq.m of last year.). The average total floor space of the real estate was 188.8 sq.m (a +38.5% increase compared to the 136.2 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.
Cause of price increases
- An decrease in average age of the building (representing 39.0 years old in 2016 and 32.9 years old in 2017; -15.7%)
- A dramatic decrease in average distance from the station (representing 55.1 min in 2016 and 25.0 min in 2017; -54.6%)
Causes of price decreases
- A dramatic increase in transactions involving older buildings over 40 years old (representing 54.5% of total transactions in 2016 and 66.7% of total transactions in 2017)
JR Ōfunato Line Home market value list
|Stations||Average Trading Price||Average Unit Price|
|Kesennnuma||16,362,651 JPY||119,596 JPY/sq.m|
|Shishiorikarakuwa||19,823,529 JPY||67,523 JPY/sq.m|