Ehime Imabari-Shi (62)
The average price of a sq.m Apartment of Ehime Imabari-Shi, in 2016 was 193,424 JPY/sq.m. The market value represents an increase of 60,232 JPY (+45.2%) compared to 1 year ago and a transition to a dramatic market. 5 properties exchanged hands ( The market value represents a decrease of 3 (-37.5%) compared to 1 year ago and a transition to a dramatic market.).
The average age of the real estate was 16.3 years old (a -25.2% decrease compared to the 21.7 years old of last year.). The average size of the real estate was 75.0 sq.m (a +57.9% increase compared to the 47.5 sq.m of last year.).
One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving size for a general family households less than 100 sq.m.
Cause of price increases
The highest Apartment market value is 北日吉町 at 194,286 JPY/sq.m. On the other hand, those with the lowest market value is 黄金町 at 132,000 JPY/sq.m.
In accordance with the aging of buildings, the area whose values were most likely to decline was the 黄金町 at -50.0% (The rate of decline after 30 years). On the other hand, market values along the 北日吉町 was the most resistant to decline at -38.0% (The same rate).Data regarding the market value and its changes of Apartment in Imabari-Shi were calculated using data on the sales of 62 properties provided by the MLIT Japan.
|Area||Average Trading Price||Average Unit Price|
|北日吉町 [Utilization ]||11,954,546 JPY||190,418 JPY/sq.m|
|東門町 [Utilization ]||10,846,154 JPY||162,011 JPY/sq.m|
|泉川町||11,400,000 JPY||174,957 JPY/sq.m|
|松本町||10,114,286 JPY||144,603 JPY/sq.m|
|黄金町 [Utilization ]||3,250,000 JPY||130,000 JPY/sq.m|
|南日吉町 [Utilization ]||11,200,000 JPY||163,846 JPY/sq.m|