Fukushima Abukuma Express Line Apartment market overview [Show ]

The average price of a sq.m Apartment of Fukushima Abukuma Express Line, in 2017 was 166,344 JPY/sq.m. The market value represents a decrease of 83,746 JPY (-33.5%) compared to 1 year ago and a transition to a dramatic market. 6 properties exchanged hands ( The market value represents a decrease of 17 (-73.9%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 29.9 years old (a +48.3% increase compared to the 20.2 years old of last year.). The average size of the real estate was 50.8 sq.m (a -17.1% decrease compared to the 61.3 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 20.2 years old in 2016 and 29.9 years old in 2017; +48.3%)
  • An increase in average distance from the station (representing 16.9 min in 2016 and 20.2 min in 2017; +19.2%)
  • A dramatic increase in transactions involving relatively old buildings under 40 years old (representing 59.1% of total transactions in 2016 and 83.3% of total transactions in 2017)
Data regarding the market value and its changes of Apartment in Abukuma Express Line were calculated using data on the sales of 323 properties provided by the MLIT Japan.

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Fukushima Abukuma Express Line (323)

Fukushima (323)