The average price of a sq.m Home of Ibaraki Higashiibaraki-Gun Ibaraki-Machi, in 2017 was 174,651 JPY/sq.m. The market value represents an increase of 65,613 JPY (+60.2%) compared to 1 year ago and a transition to a dramatic market. 6 properties exchanged hands ( The market value represents a decrease of 7 (-53.8%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 18.9 years old (a -16.9% decrease compared to the 22.7 years old of last year.). The average size of the real estate was 657.5 sq.m (a +15.9% increase compared to the 567.3 sq.m of last year.). The average total floor space of the real estate was 383.0 sq.m (a +195.6% increase compared to the 129.5 sq.m of last year.).

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving nearly new buildings under 3 years old.

Cause of price increases

• An decrease in average age of the building (representing 22.7 years old in 2016 and 18.9 years old in 2017; -16.9%)
• A dramatic increase in transactions involving nearly new buildings under 3 years old (representing 10.0% of total transactions in 2016 and 50.0% of total transactions in 2017)

Causes of price decreases

• A dramatic increase in transactions involving relatively old buildings under 40 years old (representing 30.0% of total transactions in 2016 and 50.0% of total transactions in 2017)

The highest Home market value is 桜の郷 at 225,000 JPY/sq.m. On the other hand, those with the lowest market value is 大字小鶴 at 56,000 JPY/sq.m.

In accordance with the aging of buildings, the area whose values were most likely to decline was the 大字小鶴 at -59.0% (The rate of decline after 30 years). On the other hand, market values along the 大字大戸 was the most resistant to decline at -53.0% (The same rate).

Data regarding the market value and its changes of Home in Ibaraki-Machi were calculated using data on the sales of 104 properties provided by the MLIT Japan.