Saitama-Shi Nishi-Ku Apartment market overview [Show ]

The average price of a sq.m Apartment of Saitama-Shi Nishi-Ku, in 2017 was 151,594 JPY/sq.m. The market value represents a decrease of 33,889 JPY (-18.3%) compared to 1 year ago and a transition to a weak market. 7 properties exchanged hands ( The market value represents a decrease of 8 (-53.3%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 34.9 years old (a +29.2% increase compared to the 27.1 years old of last year.). The average size of the real estate was 52.9 sq.m (a -40.2% decrease compared to the 88.3 sq.m of last year.).

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving middle size for a DINKS or an old age households less than 60 sq.m.

Cause of price increases

  • A dramatic decrease in transactions involving relatively old buildings under 40 years old (representing 71.4% of total transactions in 2016 and 50.0% of total transactions in 2017)

Causes of price decreases

  • A dramatic increase in average age of the building (representing 27.1 years old in 2016 and 34.9 years old in 2017; +29.2%)
  • A dramatic increase in average distance from the station (representing 14.2 min in 2016 and 22.4 min in 2017; +57.9%)
  • A dramatic increase in transactions involving older buildings over 40 years old (representing 21.4% of total transactions in 2016 and 50.0% of total transactions in 2017)

The highest Apartment market value is 大字宝来 at 200,000 JPY/sq.m. On the other hand, those with the lowest market value is 大字植田谷本 at 86,000 JPY/sq.m.

In accordance with the aging of buildings, the area whose values were most likely to decline was the 大字高木 at -48.0% (The rate of decline after 30 years). On the other hand, market values along the 大字指扇 was the most resistant to decline at -39.0% (The same rate).

Data regarding the market value and its changes of Apartment in Nishi-Ku were calculated using data on the sales of 266 properties provided by the MLIT Japan.

Value:
Unit:   Touch:

売却検討物件の正確な価格計算は、無料一括査定サービスを御利用ください

Loading...
提携無料一括査定サービス

Market value

AreaAverage Trading PriceAverage Unit Price
大字植田谷本 [Utilization ]4,494,828 JPY92,553 JPY/sq.m
大字指扇 [Utilization ]12,927,273 JPY203,396 JPY/sq.m
大字指扇領別所11,041,860 JPY167,144 JPY/sq.m
三橋 [Utilization ]15,634,375 JPY190,044 JPY/sq.m
大字西遊馬 [Utilization ]8,942,105 JPY173,384 JPY/sq.m
大字宝来 [Utilization ]11,976,471 JPY203,626 JPY/sq.m
大字峰岸10,347,059 JPY153,446 JPY/sq.m
大字高木23,821,429 JPY135,064 JPY/sq.m
宮前町 [Utilization ]12,725,000 JPY193,022 JPY/sq.m

Area

Saitama-Shi Nishi-Ku (266)

大字植田谷本 (58)

大字指扇 (52)

大字指扇領別所 (43)

三橋 (32)

大字西遊馬 (19)

大字宝来 (17)

大字峰岸 (17)

大字高木 (14)

宮前町 (12)