Miyagi Shiroishi-Shi Home market overview [Show ]

The average price of a sq.m Home of Miyagi Shiroishi-Shi, in 2017 was 96,081 JPY/sq.m. The market value represents a decrease of 58,760 JPY (-37.9%) compared to 1 year ago and a transition to a dramatic market. 7 properties exchanged hands ( The market value represents a decrease of 7 (-50.0%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 22.1 years old (a +37.6% increase compared to the 16.1 years old of last year.). The average size of the real estate was 640.7 sq.m (a +46.0% increase compared to the 438.9 sq.m of last year.). The average total floor space of the real estate was 233.3 sq.m (a +51.2% 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 locations more than twenty minutes by foot from the station, outside of walking distance.

Cause of price increases

  • A slight decrease in transactions involving older buildings over 40 years old (representing 16.7% of total transactions in 2016 and 16.7% of total transactions in 2017)

Causes of price decreases

  • A dramatic increase in average age of the building (representing 16.1 years old in 2016 and 22.1 years old in 2017; +37.6%)
  • A dramatic increase in average distance from the station (representing 14.6 min in 2016 and 23.0 min in 2017; +57.1%)
  • A dramatic increase in transactions involving relatively old buildings under 40 years old (representing 25.0% of total transactions in 2016 and 50.0% 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 191 properties provided by the MLIT Japan.

Value:
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Market value

AreaAverage Trading PriceAverage Unit Price
東町16,110,526 JPY131,990 JPY/sq.m
郡山9,756,250 JPY84,471 JPY/sq.m
福岡長袋19,425,000 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
大鷹沢大町15,975,000 JPY97,172 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 (191)

東町 (19)

郡山 (16)

福岡長袋 (16)

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)

大鷹沢大町 (4)

緑が丘 (4)

小原 (4)

八幡町 (4)