Yamatokoriyama-Shi Land average value
- Dist. from Sta. 33.7 min walk
- Property area 477.6 sq.m
The average price of a sq.m Land of Nara Yamatokoriyama-Shi, in 2017 was 50,277 JPY/sq.m. The market value represents a decrease of 6,135 JPY (-10.9%) compared to 1 year ago and a transition to a weak market. 8 properties exchanged hands ( The market value represents a decrease of 27 (-77.1%) compared to 1 year ago and a transition to a dramatic market.).
The average size of the real estate was 205.6 sq.m (a -43.8% decrease compared to the 366.1 sq.m of last year.).
One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving locations relatively far from the station less than twenty minutes by foot from the station.
Cause of price increases
- An decrease in average distance from the station (representing 12.2 min in 2016 and 10.4 min in 2017; -14.8%)
- A dramatic increase in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 14.3% of total transactions in 2016 and 25.0% of total transactions in 2017)
Yamatokoriyama-Shi Land market value list
|Area||Average Trading Price||Average Unit Price|
|横田町||67,937,500 JPY||64,484 JPY/sq.m|
|筒井町||13,000,000 JPY||54,689 JPY/sq.m|
|北郡山町||15,500,000 JPY||83,855 JPY/sq.m|
|小泉町||8,340,000 JPY||51,793 JPY/sq.m|