Aomori Apartment market overview [Show ]

The average price of a sq.m Apartment of Aomori was 201,127 JPY/sq.m, and the median price was 165,333 JPY/sq.m.

The highest Apartment market value is JR at 163,818 JPY/sq.m. On the other hand, those with the lowest market value is Shinkansen at 120,000 JPY/sq.m.

In accordance with the aging of buildings, the area whose values were most likely to decline was the Aomori-Shi at -62.0% (The rate of decline after 30 years). On the other hand, market values along the Hirosaki-Shi was the most resistant to decline at -46.0% (The same rate).

In accordance with the aging of buildings, the stations whose values were most likely to decline was the Shinkansen at -69.0% (The rate of decline after 30 years). On the other hand, market values along the Konan Railway was the most resistant to decline at -46.0% (The same rate).

Data regarding the market value and its changes were calculated using data on the sales of 497 properties provided by the MLIT Japan.

Value:
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Market value

AreaAverage Trading PriceAverage Unit Price
Aomori-Shi [Utilization ]12,729,885 JPY207,749 JPY/sq.m
Hirosaki-Shi [Utilization ]12,702,381 JPY192,125 JPY/sq.m
Hachinohe-Shi [Utilization ]11,569,565 JPY192,518 JPY/sq.m
StationsAverage Trading PriceAverage Unit Price
JR [Utilization ]12,224,638 JPY200,128 JPY/sq.m
Konan Railway [Utilization ]12,702,381 JPY192,125 JPY/sq.m
Shinkansen [Utilization ]8,907,143 JPY112,378 JPY/sq.m
Other [Utilization ]12,386,747 JPY204,723 JPY/sq.m