The average price of a sq.m Apartment of Fukushima Koriyama-Shi, in 2017 was 188,881 JPY/sq.m. The market value represents an increase of 13,787 JPY (+7.9%) compared to 1 year ago and a transition to a strong market. 18 properties exchanged hands ( The market value represents a decrease of 32 (-64.0%) compared to 1 year ago and a transition to a dramatic market.).
The average age of the real estate was 24.5 years old (a +8.9% increase compared to the 22.5 years old of last year.). The average size of the real estate was 58.3 sq.m (a -3.3% decrease compared to the 60.3 sq.m of last year.).
One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving relatively old buildings under 40 years old.
Cause of price increases
- A dramatic decrease in transactions involving older buildings over 40 years old (representing 8.3% of total transactions in 2016 and 5.6% of total transactions in 2017)
Causes of price decreases
- A dramatic increase in transactions involving relatively old buildings under 40 years old (representing 62.5% of total transactions in 2016 and 77.8% of total transactions in 2017)
The highest Apartment market value is 駅前 at 393,750 JPY/sq.m. On the other hand, those with the lowest market value is 安積町日出山 at 79,230 JPY/sq.m.
Data regarding the market value and its changes of Apartment in Koriyama-Shi were calculated using data on the sales of 583 properties provided by the MLIT Japan.