Ooita Home average value
Price 86,540,540 JPY
- Age 31.7 years old
- Dist. from Sta. 18.1 min walk
- Property area 362.0 sq.m
- Total floor area 413.1 sq.m
The average price of a sq.m Home of Oita JR Hōhi Main Line Ooita, in 2017 was 208,123 JPY/sq.m. The market value represents an increase of 60,250 JPY (+40.7%) compared to 1 year ago and a transition to a dramatic market. 4 properties exchanged hands ( The market value represents a decrease of 25 (-86.2%) compared to 1 year ago and a transition to a dramatic market.).
The average age of the real estate was 28.3 years old (a -15.2% decrease compared to the 33.4 years old of last year.). The average size of the real estate was 341.2 sq.m (a -22.7% decrease compared to the 441.4 sq.m of last year.). The average total floor space of the real estate was 591.2 sq.m (a +0.3% increase compared to the 589.7 sq.m of last year.).
One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving relatively new buildings under 20 years old.
Cause of price increases
- An decrease in average age of the building (representing 33.4 years old in 2016 and 28.3 years old in 2017; -15.2%)
- A dramatic decrease in average distance from the station (representing 17.7 min in 2016 and 12.0 min in 2017; -32.0%)
- A dramatic decrease in transactions involving relatively old buildings under 40 years old (representing 37.9% of total transactions in 2016 and 25.0% of total transactions in 2017)
Ooita Home transaction price list
|area||Trading Price||Unit Price||Station||Distance from the station|
|新春日町||15,000,000 JPY||275,481 JPY/sq.m||Ooita||18 min|
|錦町||22,000,000 JPY||969,696 JPY/sq.m||Ooita||18 min|
|城崎町||76,000,000 JPY||285,498 JPY/sq.m||Ooita||18 min|
|中島西||32,000,000 JPY||783,593 JPY/sq.m||Ooita||19 min|
|中春日町||23,000,000 JPY||563,207 JPY/sq.m||Ooita||18 min|
|長浜町||33,000,000 JPY||202,020 JPY/sq.m||Ooita||18 min|