Miyagi Shiroishi-Shi Home market overview [Show ]

The average price of a sq.m Home of Miyagi Shiroishi-Shi, in 2017 was 104,822 JPY/sq.m. The market value represents a decrease of 50,019 JPY (-32.3%) compared to 1 year ago and a transition to a dramatic market. 3 properties exchanged hands ( The market value represents a decrease of 11 (-78.6%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 20.4 years old (a +27.0% increase compared to the 16.1 years old of last year.). The average size of the real estate was 546.7 sq.m (a +24.5% increase compared to the 438.9 sq.m of last year.). The average total floor space of the real estate was 355.0 sq.m (a +130.1% increase compared to the 154.3 sq.m of last year.).

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

Causes of price decreases

  • A dramatic increase in average age of the building (representing 16.1 years old in 2016 and 20.4 years old in 2017; +27.0%)
  • A dramatic increase in average distance from the station (representing 14.6 min in 2016 and 23.3 min in 2017; +59.3%)
  • A dramatic increase in transactions involving relatively old buildings under 40 years old (representing 25.0% of total transactions in 2016 and 66.7% of total transactions in 2017)

The highest Home market value is 鷹巣東 at 200,000 JPY/sq.m. On the other hand, those with the lowest market value is 福岡深谷 at 31,250 JPY/sq.m.

Data regarding the market value and its changes of Home in Shiroishi-Shi were calculated using data on the sales of 187 properties provided by the MLIT Japan.

Value:

Unit:

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Market value

AreaAverage Trading PriceAverage Unit Price
東町15,894,444 JPY129,222 JPY/sq.m
郡山9,756,250 JPY84,471 JPY/sq.m
福岡長袋12,053,333 JPY75,015 JPY/sq.m
白川津田5,742,857 JPY42,912 JPY/sq.m
旭町17,471,429 JPY162,931 JPY/sq.m
田町14,733,333 JPY134,787 JPY/sq.m
福岡深谷87,568,333 JPY48,454 JPY/sq.m
大平森合37,416,667 JPY99,203 JPY/sq.m
鷹巣東37,400,000 JPY189,134 JPY/sq.m
福岡蔵本35,100,000 JPY131,143 JPY/sq.m
南町10,500,000 JPY115,839 JPY/sq.m
緑が丘10,700,000 JPY100,950 JPY/sq.m
小原7,350,000 JPY27,817 JPY/sq.m
八幡町11,275,000 JPY82,920 JPY/sq.m

Area

Miyagi Shiroishi-Shi (187)

東町 (18)

郡山 (16)

福岡長袋 (15)

白川津田 (7)

旭町 (7)

田町 (6)

福岡深谷 (6)

大平森合 (6)

鷹巣東 (5)

福岡蔵本 (5)

南町 (5)

緑が丘 (4)

小原 (4)

八幡町 (4)