Osaka-Shi Nishi-Ku (2,215)
The average price of a sq.m Apartment of Osaka-Shi Nishi-Ku, in 2017 was 553,311 JPY/sq.m. The market value represents an increase of 53,321 JPY (+10.7%) compared to 1 year ago and a transition to a bull market. 67 properties exchanged hands ( The market value represents a decrease of 86 (-56.2%) compared to 1 year ago and a transition to a dramatic market.).
The average age of the real estate was 15.4 years old (a -4.0% decrease compared to the 16.0 years old of last year.). The average size of the real estate was 48.3 sq.m (a -6.9% decrease compared to the 51.9 sq.m of last year.).
One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving small size for a single person households less than 30 sq.m, as well as a dramatic increase in transactions involving nearly new buildings under 3 years old.
Cause of price increases
Causes of price decreases
The highest Apartment market value is 立売堀 at 566,666 JPY/sq.m. On the other hand, those with the lowest market value is 境川 at 225,384 JPY/sq.m.
In accordance with the aging of buildings, the area whose values were most likely to decline was the 川口 at -70.0% (The rate of decline after 30 years). On the other hand, market values along the 土佐堀 was the most resistant to decline at +4.0% (The same rate).Data regarding the market value and its changes of Apartment in Nishi-Ku were calculated using data on the sales of 2,215 properties provided by the MLIT Japan.
|Area||Average Trading Price||Average Unit Price|
|南堀江 [Utilization ]||26,423,301 JPY||477,373 JPY/sq.m|
|立売堀 [Utilization ]||19,425,000 JPY||557,951 JPY/sq.m|
|新町 [Utilization ]||29,689,412 JPY||483,745 JPY/sq.m|
|北堀江 [Utilization ]||22,583,929 JPY||509,734 JPY/sq.m|
|京町堀||24,345,098 JPY||522,423 JPY/sq.m|
|江之子島 [Utilization ]||21,566,667 JPY||438,225 JPY/sq.m|
|江戸堀 [Utilization ]||22,988,889 JPY||495,334 JPY/sq.m|
|土佐堀 [Utilization ]||13,717,544 JPY||504,337 JPY/sq.m|
|本田 [Utilization ]||16,255,556 JPY||512,346 JPY/sq.m|
|西本町 [Utilization ]||19,427,500 JPY||459,356 JPY/sq.m|
|川口 [Utilization ]||16,778,947 JPY||385,156 JPY/sq.m|
|九条南 [Utilization ]||19,363,636 JPY||391,495 JPY/sq.m|
|靱本町 [Utilization ]||19,532,609 JPY||421,550 JPY/sq.m|
|千代崎 [Utilization ]||19,592,593 JPY||384,332 JPY/sq.m|
|阿波座 [Utilization ]||8,718,518 JPY||326,783 JPY/sq.m|
|境川 [Utilization ]||13,145,833 JPY||229,395 JPY/sq.m|
|九条 [Utilization ]||19,230,769 JPY||378,701 JPY/sq.m|