The average price of a sq.m Apartment of Aichi Inuyama-Shi, in 2017 was 170,833 JPY/sq.m. The market value represents a decrease of 25,399 JPY (-12.9%) compared to 1 year ago and a transition to a weak market. 2 properties exchanged hands ( The market value represents a decrease of 3 (-60.0%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 19.9 years old (a -11.3% decrease compared to the 22.4 years old of last year.). The average size of the real estate was 85.0 sq.m (a +7.6% increase compared to the 79.0 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 22.4 years old in 2016 and 19.9 years old in 2017; -11.3%)
• A dramatic decrease in transactions involving relatively old buildings under 40 years old (representing 80.0% of total transactions in 2016 and 50.0% of total transactions in 2017)

Causes of price decreases

• A dramatic increase in average distance from the station (representing 4.4 min in 2016 and 6.5 min in 2017; +47.7%)
• An decrease in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 60.0% of total transactions in 2016 and 50.0% of total transactions in 2017)

The highest Apartment market value is 大字犬山 at 206,666 JPY/sq.m. On the other hand, those with the lowest market value is 大字羽黒 at 103,680 JPY/sq.m.

In accordance with the aging of buildings, the area whose values were most likely to decline was the 大字羽黒 at -74.0% (The rate of decline after 30 years). On the other hand, market values along the 大字犬山 was the most resistant to decline at -38.0% (The same rate).

Data regarding the market value and its changes of Apartment in Inuyama-Shi were calculated using data on the sales of 63 properties provided by the MLIT Japan.