Gifu Fuwa-Gun Tarui-Cho (151)
The average price of a sq.m Home of Gifu Fuwa-Gun Tarui-Cho, in 2017 was 269,179 JPY/sq.m. The market value represents an increase of 146,395 JPY (+119.2%) compared to 1 year ago and a transition to a dramatic market. 13 properties exchanged hands ( The market value represents a decrease of 6 (-31.6%) compared to 1 year ago and a transition to a dramatic market.).
The average age of the real estate was 16.3 years old (a -36.3% decrease compared to the 25.6 years old of last year.). The average size of the real estate was 421.2 sq.m (a +21.0% increase compared to the 348.2 sq.m of last year.). The average total floor space of the real estate was 117.8 sq.m (a -24.2% decrease compared to the 155.4 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, as well as a dramatic increase in transactions involving very large size more than 200 sq.m.
Cause of price increases
Causes of price decreases
The highest Home market value is 綾戸 at 200,000 JPY/sq.m. On the other hand, those with the lowest market value is 岩手 at 38,461 JPY/sq.m.
In accordance with the aging of buildings, the area whose values were most likely to decline was the 岩手 at -58.0% (The rate of decline after 30 years). On the other hand, market values along the 府中 was the most resistant to decline at -46.0% (The same rate).Data regarding the market value and its changes of Home in Tarui-Cho were calculated using data on the sales of 151 properties provided by the MLIT Japan.
|Area||Average Trading Price||Average Unit Price|
|綾戸||25,478,571 JPY||192,508 JPY/sq.m|
|表佐 [Utilization ]||14,455,556 JPY||103,113 JPY/sq.m|
|宮代 [Utilization ]||26,062,500 JPY||159,400 JPY/sq.m|
|岩手||6,680,000 JPY||49,605 JPY/sq.m|
|府中||9,677,778 JPY||98,355 JPY/sq.m|