Ichibu Home average value
- Age 20.5 years old
- Dist. from Sta. 11.2 min walk
- Property area 173.2 sq.m
- Total floor area 104.8 sq.m
The average price of a sq.m Home of Nara Kintetsu Ikoma Line Ichibu, in 2017 was 175,470 JPY/sq.m. The market value represents a decrease of 10,776 JPY (-5.8%) compared to 1 year ago and a transition to a bear market. 8 properties exchanged hands ( The market value represents a decrease of 1 (-11.1%) compared to 1 year ago and a transition to a weak market.).
The average age of the real estate was 17.8 years old (a -6.6% decrease compared to the 19.0 years old of last year.). The average size of the real estate was 133.1 sq.m (a -15.6% decrease compared to the 157.8 sq.m of last year.). The average total floor space of the real estate was 93.1 sq.m (a -15.3% decrease compared to the 110.0 sq.m of last year.).
One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving locations less than ten minutes by foot from the station.
Cause of price increases
- A dramatic decrease in average distance from the station (representing 12.4 min in 2016 and 9.9 min in 2017; -20.6%)
- A dramatic decrease in transactions involving relatively old buildings under 40 years old (representing 33.3% of total transactions in 2016 and 25.0% of total transactions in 2017)
Causes of price decreases
- An decrease in transactions involving nearly new buildings under 3 years old (representing 44.4% of total transactions in 2016 and 37.5% of total transactions in 2017)
Ichibu Home transaction price list
|area||Trading Price||Unit Price||Station||Distance from the station|
|壱分町||3,500,000 JPY||136,119 JPY/sq.m||Ichibu||9 min|
|壱分町||2,500,000 JPY||118,063 JPY/sq.m||Ichibu||9 min|
|さつき台||31,000,000 JPY||819,835 JPY/sq.m||Ichibu||9 min|
Kintetsu Ikoma Line Railway market report
|2018. Jan - Sep|
|2017. Jan - Dec|
|2016. Jan - Dec|
|2015. Jan - Dec|