Yamaguchi Shunan-Shi Apartment market overview [Show ]

The average price of a sq.m Apartment of Yamaguchi Shunan-Shi, in 2017 was 234,738 JPY/sq.m. The market value represents an increase of 58,471 JPY (+33.2%) 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 14.1 years old (a -44.3% decrease compared to the 25.3 years old of last year.). The average size of the real estate was 75.0 sq.m (a +8.1% increase compared to the 69.4 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

  • A dramatic decrease in average age of the building (representing 25.3 years old in 2016 and 14.1 years old in 2017; -44.3%)
  • A dramatic decrease in average distance from the station (representing 10.9 min in 2016 and 8.2 min in 2017; -24.6%)
  • A dramatic increase in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 12.5% of total transactions in 2016 and 20.0% of total transactions in 2017)

The highest Apartment market value is 慶万町 at 320,362 JPY/sq.m. On the other hand, those with the lowest market value is 梅園町 at 69,230 JPY/sq.m.

In accordance with the aging of buildings, the area whose values were most likely to decline was the 都町 at -100.0% (The rate of decline after 30 years). On the other hand, market values along the 中央町 was the most resistant to decline at -43.0% (The same rate).

Data regarding the market value and its changes of Apartment in Shunan-Shi were calculated using data on the sales of 281 properties provided by the MLIT Japan.

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Market value

AreaAverage Trading PriceAverage Unit Price
慶万町22,566,667 JPY300,442 JPY/sq.m
遠石13,093,103 JPY180,327 JPY/sq.m
毛利町6,991,667 JPY109,178 JPY/sq.m
大字徳山 [Utilization ]14,027,778 JPY180,874 JPY/sq.m
糀町13,242,857 JPY184,837 JPY/sq.m
梅園町5,715,385 JPY85,392 JPY/sq.m
速玉町12,540,000 JPY174,946 JPY/sq.m
河東町9,380,000 JPY145,077 JPY/sq.m
桜馬場通16,900,000 JPY208,534 JPY/sq.m
松保町10,644,444 JPY146,079 JPY/sq.m
住崎町 [Utilization ]7,422,222 JPY102,406 JPY/sq.m
辻町16,387,500 JPY193,423 JPY/sq.m
東山町8,757,143 JPY151,190 JPY/sq.m
弥生町14,028,571 JPY207,193 JPY/sq.m
南浦山町5,185,714 JPY78,877 JPY/sq.m
中央町16,428,571 JPY213,651 JPY/sq.m
都町5,983,333 JPY95,335 JPY/sq.m
築港町7,216,667 JPY106,629 JPY/sq.m
昭和通4,700,000 JPY82,221 JPY/sq.m
政所19,400,000 JPY247,679 JPY/sq.m
三番町11,500,000 JPY168,809 JPY/sq.m
川手 [Utilization ]10,375,000 JPY140,625 JPY/sq.m
古川町12,250,000 JPY161,160 JPY/sq.m
入船町5,000,000 JPY79,916 JPY/sq.m
若草町12,500,000 JPY188,370 JPY/sq.m


Yamaguchi Shunan-Shi (281)

慶万町 (30)

遠石 (29)

毛利町 (24)

大字徳山 (18)

糀町 (14)

梅園町 (13)

速玉町 (10)

河東町 (10)

桜馬場通 (10)

松保町 (9)

住崎町 (9)

辻町 (8)

東山町 (7)

弥生町 (7)

南浦山町 (7)

中央町 (7)

都町 (6)

築港町 (6)

昭和通 (5)

政所 (5)

三番町 (5)

川手 (4)

古川町 (4)

入船町 (4)

若草町 (4)