Okinawa Ginowan-Shi Home market overview [Show ]

The average price of a sq.m Home of Okinawa Ginowan-Shi, in 2017 was 175,000 JPY/sq.m. The market value represents a decrease of 59,194 JPY (-25.3%) compared to 1 year ago and a transition to a dramatic market. 2 properties exchanged hands ( The market value represents a decrease of 14 (-87.5%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 20.5 years old (a -2.3% decrease compared to the 21.0 years old of last year.). The average size of the real estate was 1040.0 sq.m (a +308.3% increase compared to the 254.7 sq.m of last year.). The average total floor space of the real estate was 1600.0 sq.m (a +387.0% increase compared to the 328.6 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.

Cause of price increases

  • A slight decrease in transactions involving relatively old buildings under 40 years old (representing 50.0% of total transactions in 2016 and 50.0% of total transactions in 2017)

The highest Home market value is 長田 at 276,449 JPY/sq.m. On the other hand, those with the lowest market value is 普天間 at 72,619 JPY/sq.m.

In accordance with the aging of buildings, the area whose values were most likely to decline was the 普天間 at -59.0% (The rate of decline after 30 years). On the other hand, market values along the 長田 was the most resistant to decline at -27.9% (The same rate).

Data regarding the market value and its changes of Home in Ginowan-Shi were calculated using data on the sales of 200 properties provided by the MLIT Japan.

Value:

Unit:

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Market value

AreaAverage Trading PriceAverage Unit Price
真栄原 [Land utilization ]48,562,500 JPY197,256 JPY/sq.m
大山 [Land utilization ]59,789,474 JPY205,454 JPY/sq.m
我如古 [Land utilization ]32,250,000 JPY213,923 JPY/sq.m
野嵩 [Land utilization ]29,166,667 JPY253,670 JPY/sq.m
長田 [Land utilization ]31,785,714 JPY268,744 JPY/sq.m
普天間34,378,571 JPY85,458 JPY/sq.m
字愛知27,666,667 JPY181,834 JPY/sq.m
宜野湾 [Land utilization ]43,454,546 JPY246,606 JPY/sq.m
真志喜 [Land utilization ]111,000,000 JPY206,466 JPY/sq.m
伊佐 [Land utilization ]42,444,444 JPY215,447 JPY/sq.m
志真志 [Land utilization ]55,000,000 JPY205,963 JPY/sq.m
新城 [Land utilization ]40,637,500 JPY230,188 JPY/sq.m
嘉数 [Land utilization ]22,666,667 JPY200,292 JPY/sq.m
字宇地泊 [Land utilization ]862,600,000 JPY199,541 JPY/sq.m
大謝名 [Land utilization ]27,600,000 JPY214,745 JPY/sq.m
赤道 [Land utilization ]20,200,000 JPY203,676 JPY/sq.m

Area

Okinawa Ginowan-Shi (200)

真栄原 (32)

大山 (19)

我如古 (16)

野嵩 (15)

長田 (14)

普天間 (14)

字愛知 (12)

宜野湾 (11)

真志喜 (9)

伊佐 (9)

志真志 (9)

新城 (8)

嘉数 (6)

字宇地泊 (5)

大謝名 (5)

赤道 (5)