The average price of a sq.m Apartment of Akita Shinkansen Akita Shinkansen, in 2017 was 284,178 JPY/sq.m. The market value represents an increase of 101,764 JPY (+55.8%) compared to 1 year ago and a transition to a dramatic market. 21 properties exchanged hands ( The market value represents a decrease of 14 (-40.0%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 20.6 years old (a -2.1% decrease compared to the 21.0 years old of last year.). The average size of the real estate was 57.6 sq.m (a -3.7% decrease compared to the 59.9 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 some decrease in transactions involving relatively old buildings under 40 years old (representing 45.7% of total transactions in 2016 and 42.9% of total transactions in 2017)

Data regarding the market value and its changes of Apartment in Akita Shinkansen were calculated using data on the sales of 497 properties provided by the MLIT Japan.