Aichi Inuyama-Shi (62)
The average price of a sq.m Apartment of Aichi Inuyama-Shi, in 2017 was 175,000 JPY/sq.m. The market value represents a decrease of 21,232 JPY (-10.8%) compared to 1 year ago and a transition to a weak market. 1 properties exchanged hands ( The market value represents a decrease of 4 (-80.0%) compared to 1 year ago and a transition to a dramatic market.).
The average age of the real estate was 16.0 years old (a -28.6% decrease compared to the 22.4 years old of last year.). The average size of the real estate was 80.0 sq.m (a +1.3% 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
Causes of price decreases
The highest Apartment market value is 大字犬山 at 213,333 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 -75.0% (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 62 properties provided by the MLIT Japan.
|Area||Average Trading Price||Average Unit Price|
|大字犬山 [Utilization ]||14,843,478 JPY||200,026 JPY/sq.m|
|大字羽黒 [Utilization ]||7,492,857 JPY||107,596 JPY/sq.m|
|松本町 [Utilization ]||14,666,667 JPY||201,358 JPY/sq.m|
|天神町 [Utilization ]||13,400,000 JPY||167,500 JPY/sq.m|
|大字木津 [Utilization ]||11,250,000 JPY||139,375 JPY/sq.m|
|大字上野 [Utilization ]||9,275,000 JPY||132,500 JPY/sq.m|