Miyagi Higashimatsushima-Shi (283)
The average price of a sq.m Home of Miyagi Higashimatsushima-Shi, in 2017 was 179,928 JPY/sq.m. The market value represents an increase of 3,891 JPY (+2.2%) compared to 1 year ago and a transition to a slight market. 19 properties exchanged hands ( The market value represents a decrease of 12 (-38.7%) compared to 1 year ago and a transition to a dramatic market.).
The average age of the real estate was 12.8 years old (a -30.3% decrease compared to the 18.3 years old of last year.). The average size of the real estate was 236.3 sq.m (a -11.1% decrease compared to the 265.8 sq.m of last year.). The average total floor space of the real estate was 118.9 sq.m (a -7.4% decrease compared to the 128.4 sq.m of last year.).
One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving relatively large size more than 100 sq.m, as well as a dramatic increase in transactions involving locations more than twenty minutes by foot from the station, outside of walking distance.
Cause of price increases
Causes of price decreases
The highest Home market value is 矢本 at 207,142 JPY/sq.m. On the other hand, those with the lowest market value is 野蒜 at 70,932 JPY/sq.m.
In accordance with the aging of buildings, the area whose values were most likely to decline was the 野蒜 at -67.0% (The rate of decline after 30 years). On the other hand, market values along the 矢本 was the most resistant to decline at -44.0% (The same rate).Data regarding the market value and its changes of Home in Higashimatsushima-Shi were calculated using data on the sales of 283 properties provided by the MLIT Japan.
|Area||Average Trading Price||Average Unit Price|
|矢本||20,618,750 JPY||175,658 JPY/sq.m|
|赤井||16,307,547 JPY||143,456 JPY/sq.m|
|大曲||16,809,804 JPY||114,041 JPY/sq.m|
|牛網||15,480,769 JPY||142,473 JPY/sq.m|
|小松||14,560,000 JPY||116,205 JPY/sq.m|
|小野||15,771,429 JPY||110,757 JPY/sq.m|
|大塩||16,569,231 JPY||121,102 JPY/sq.m|
|野蒜||10,133,333 JPY||75,320 JPY/sq.m|
|新東名||13,360,000 JPY||84,397 JPY/sq.m|