Nagano Kamiminochi-Gun Iizuna-Machi (79)
The average price of a sq.m Home of Nagano Kamiminochi-Gun Iizuna-Machi, in 2017 was 41,503 JPY/sq.m. The market value represents a decrease of 15,738 JPY (-27.5%) compared to 1 year ago and a transition to a dramatic market. 4 properties exchanged hands ( The market value represents a decrease of 3 (-42.9%) compared to 1 year ago and a transition to a dramatic market.).
The average age of the real estate was 31.0 years old (a +12.1% increase compared to the 27.7 years old of last year.). The average size of the real estate was 395.0 sq.m (a -24.2% decrease compared to the 521.4 sq.m of last year.). The average total floor space of the real estate was 128.8 sq.m (a +9.9% increase compared to the 117.1 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
Causes of price decreases
The highest Home market value is 大字豊野 at 69,265 JPY/sq.m. On the other hand, those with the lowest market value is 大字牟礼 at 32,394 JPY/sq.m.
In accordance with the aging of buildings, the area whose values were most likely to decline was the 大字牟礼 at -67.0% (The rate of decline after 30 years). On the other hand, market values along the 大字豊野 was the most resistant to decline at -38.0% (The same rate).Data regarding the market value and its changes of Home in Iizuna-Machi were calculated using data on the sales of 79 properties provided by the MLIT Japan.
|Area||Average Trading Price||Average Unit Price|
|大字豊野||10,340,625 JPY||72,501 JPY/sq.m|
|大字川上||7,050,000 JPY||70,908 JPY/sq.m|
|大字牟礼||7,037,500 JPY||49,021 JPY/sq.m|
|大字高坂||4,816,667 JPY||67,926 JPY/sq.m|
|大字普光寺||7,700,000 JPY||69,792 JPY/sq.m|