Miyagi Higashimatsushima-Shi Home market overview [Show ]

The average price of a sq.m Home of Miyagi Higashimatsushima-Shi, in 2017 was 199,161 JPY/sq.m. The market value represents a decrease of 2,232 JPY (-1.1%) compared to 1 year ago and a transition to a slight market. 12 properties exchanged hands ( The market value represents a decrease of 10 (-45.5%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 11.3 years old (a -15.9% decrease compared to the 13.4 years old of last year.). The average size of the real estate was 229.2 sq.m (a -8.5% decrease compared to the 250.5 sq.m of last year.). The average total floor space of the real estate was 112.7 sq.m (a -1.5% decrease compared to the 114.5 sq.m of last year.).

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving older buildings over 40 years old.

Cause of price increases

  • An decrease in average age of the building (representing 13.4 years old in 2016 and 11.3 years old in 2017; -15.9%)
  • A dramatic increase in transactions involving nearly new buildings under 3 years old (representing 50.0% of total transactions in 2016 and 70.0% of total transactions in 2017)

Causes of price decreases

  • A dramatic increase in transactions involving older buildings over 40 years old (representing 5.0% of total transactions in 2016 and 20.0% of total transactions in 2017)

The highest Home market value is 矢本 at 191,304 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 -65.0% (The rate of decline after 30 years). On the other hand, market values along the 矢本 was the most resistant to decline at -43.0% (The same rate).

Data regarding the market value and its changes of Home in Higashimatsushima-Shi were calculated using data on the sales of 272 properties provided by the MLIT Japan.

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Market value

AreaAverage Trading PriceAverage Unit Price
矢本20,864,865 JPY173,602 JPY/sq.m
大曲16,566,000 JPY111,436 JPY/sq.m
赤井16,006,383 JPY140,352 JPY/sq.m
牛網15,480,769 JPY142,473 JPY/sq.m
小松14,560,000 JPY116,205 JPY/sq.m
小野15,446,154 JPY103,082 JPY/sq.m
野蒜10,133,333 JPY75,320 JPY/sq.m
大塩16,763,636 JPY123,525 JPY/sq.m
新東名13,360,000 JPY84,397 JPY/sq.m

Area

Miyagi Higashimatsushima-Shi (272)

矢本 (85)

大曲 (50)

赤井 (47)

牛網 (26)

小松 (15)

小野 (13)

野蒜 (12)

大塩 (11)

新東名 (10)