Miyagi Tagajo-Shi Home market overview [Show ]

The average price of a sq.m Home of Miyagi Tagajo-Shi, in 2017 was 177,042 JPY/sq.m. The market value represents a decrease of 51,146 JPY (-22.4%) compared to 1 year ago and a transition to a dramatic market. 7 properties exchanged hands ( The market value represents a decrease of 14 (-66.7%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 25.3 years old (a +56.0% increase compared to the 16.2 years old of last year.). The average size of the real estate was 632.9 sq.m (a +106.8% increase compared to the 306.0 sq.m of last year.). The average total floor space of the real estate was 442.9 sq.m (a +226.9% increase compared to the 135.5 sq.m of last year.).

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving very large total floor space more than 200 sq.m, as well as a dramatic increase in transactions involving locations relatively near to the station less than six minutes by foot from the station.

Cause of price increases

  • An decrease in average distance from the station (representing 16.2 min in 2016 and 14.3 min in 2017; -12.0%)
  • A dramatic increase in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 9.5% of total transactions in 2016 and 28.6% of total transactions in 2017)
  • A dramatic increase in transactions involving recently constructed buildings under 6 years old (representing 5.3% of total transactions in 2016 and 14.3% of total transactions in 2017)

Causes of price decreases

  • A dramatic increase in average age of the building (representing 16.2 years old in 2016 and 25.3 years old in 2017; +56.0%)
  • A dramatic increase in transactions involving older buildings over 40 years old (representing 10.5% of total transactions in 2016 and 28.6% of total transactions in 2017)

The highest Home market value is 城南 at 323,809 JPY/sq.m. On the other hand, those with the lowest market value is 浮島 at 138,421 JPY/sq.m.

Data regarding the market value and its changes of Home in Tagajo-Shi were calculated using data on the sales of 491 properties provided by the MLIT Japan.

Value:

Unit:

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Market value

AreaAverage Trading PriceAverage Unit Price
笠神 [Land utilization ]23,791,489 JPY178,048 JPY/sq.m
新田28,512,195 JPY181,082 JPY/sq.m
高崎 [Land utilization ]31,351,351 JPY224,036 JPY/sq.m
伝上山 [Land utilization ]33,141,176 JPY204,313 JPY/sq.m
高橋 [Land utilization ]23,911,765 JPY257,215 JPY/sq.m
山王19,703,125 JPY174,844 JPY/sq.m
留ケ谷 [Land utilization ]45,086,207 JPY178,606 JPY/sq.m
桜木24,862,069 JPY215,343 JPY/sq.m
大代 [Land utilization ]30,071,429 JPY174,045 JPY/sq.m
30,981,482 JPY168,658 JPY/sq.m
浮島 [Land utilization ]16,953,846 JPY158,409 JPY/sq.m
八幡 [Land utilization ]50,409,091 JPY203,293 JPY/sq.m
下馬 [Land utilization ]33,809,091 JPY208,043 JPY/sq.m
東田中 [Land utilization ]32,222,222 JPY220,857 JPY/sq.m
中央36,428,571 JPY212,140 JPY/sq.m
町前51,200,000 JPY208,167 JPY/sq.m
丸山32,200,000 JPY299,145 JPY/sq.m
明月21,333,333 JPY150,389 JPY/sq.m
鶴ケ谷30,000,000 JPY183,967 JPY/sq.m
城南48,142,857 JPY294,600 JPY/sq.m
南宮17,900,000 JPY167,118 JPY/sq.m

Area

Miyagi Tagajo-Shi (491)

笠神 (47)

新田 (41)

高崎 (37)

伝上山 (34)

高橋 (34)

山王 (32)

留ケ谷 (29)

桜木 (29)

大代 (28)

(27)

浮島 (26)

八幡 (22)

下馬 (22)

東田中 (18)

中央 (14)

町前 (10)

丸山 (10)

明月 (9)

鶴ケ谷 (8)

城南 (7)

南宮 (4)