Fukushima JR Apartment market overview [Show ]

The average price of a sq.m Apartment of Fukushima JR, in 2017 was 175,456 JPY/sq.m. The market value represents a decrease of 30,630 JPY (-14.9%) compared to 1 year ago and a transition to a weak market. 15 properties exchanged hands ( The market value represents a decrease of 81 (-84.4%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 26.5 years old (a +24.7% increase compared to the 21.3 years old of last year.). The average size of the real estate was 49.0 sq.m (a -17.1% decrease compared to the 59.1 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.

Causes of price decreases

  • A dramatic increase in average age of the building (representing 21.3 years old in 2016 and 26.5 years old in 2017; +24.7%)
  • A dramatic increase in average distance from the station (representing 20.1 min in 2016 and 24.4 min in 2017; +21.2%)
  • A dramatic increase in transactions involving older buildings over 40 years old (representing 4.3% of total transactions in 2016 and 13.3% of total transactions in 2017)

The highest Apartment market value is JR Joban Line at 288,312 JPY/sq.m. On the other hand, those with the lowest market value is JR Ban'etsu West Line at 171,111 JPY/sq.m.

In accordance with the aging of buildings, the stations whose values were most likely to decline was the JR Tohoku Main Line at -55.5% (The rate of decline after 30 years). On the other hand, market values along the JR Joban Line was the most resistant to decline at -39.0% (The same rate).

Data regarding the market value and its changes of Apartment in JR were calculated using data on the sales of 1,136 properties provided by the MLIT Japan.

Value:

Unit:

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

提携無料一括査定サービス

Market value

StationsAverage Trading PriceAverage Unit Price
JR Tadami Line [Land utilization ]14,238,462 JPY220,635 JPY/sq.m
JR Ou Main Line [Land utilization ]14,563,855 JPY234,651 JPY/sq.m
JR Joban Line [Land utilization ]16,784,210 JPY265,665 JPY/sq.m
JR Tohoku Main Line [Land utilization ]12,685,603 JPY198,011 JPY/sq.m
JR Suigun Line [Land utilization ]22,250,000 JPY260,292 JPY/sq.m
JR Ban'etsu East Line [Land utilization ]12,591,837 JPY195,318 JPY/sq.m
JR Ban'etsu West Line [Land utilization ]12,018,782 JPY185,884 JPY/sq.m