Okinawa Ginowan-Shi Home market overview [Show ]

The average price of a sq.m Home of Okinawa Ginowan-Shi, in 2017 was 260,106 JPY/sq.m. The market value represents an increase of 25,912 JPY (+11.1%) compared to 1 year ago and a transition to a bull market. 7 properties exchanged hands ( The market value represents a decrease of 9 (-56.2%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 15.4 years old (a -26.8% decrease compared to the 21.0 years old of last year.). The average size of the real estate was 403.6 sq.m (a +58.5% increase compared to the 254.7 sq.m of last year.). The average total floor space of the real estate was 566.4 sq.m (a +72.4% 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 size for a general family households less than 100 sq.m.

Cause of price increases

  • A dramatic decrease in average age of the building (representing 21.0 years old in 2016 and 15.4 years old in 2017; -26.8%)
  • A dramatic increase in transactions involving nearly new buildings under 3 years old (representing 18.8% of total transactions in 2016 and 42.9% of total transactions in 2017)

Causes of price decreases

  • A dramatic increase in transactions involving older buildings over 40 years old (representing 6.2% of total transactions in 2016 and 14.3% 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 82,463 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 -31.0% (The same rate).

Data regarding the market value and its changes of Home in Ginowan-Shi were calculated using data on the sales of 205 properties provided by the MLIT Japan.

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Market value

AreaAverage Trading PriceAverage Unit Price
真栄原 [Utilization ]48,562,500 JPY197,256 JPY/sq.m
大山 [Utilization ]59,789,474 JPY205,454 JPY/sq.m
野嵩 [Utilization ]29,343,750 JPY261,345 JPY/sq.m
我如古 [Utilization ]32,250,000 JPY213,923 JPY/sq.m
普天間34,753,333 JPY89,557 JPY/sq.m
長田 [Utilization ]31,785,714 JPY268,744 JPY/sq.m
字愛知27,666,667 JPY181,834 JPY/sq.m
宜野湾 [Utilization ]43,454,546 JPY246,606 JPY/sq.m
真志喜 [Utilization ]111,000,000 JPY206,466 JPY/sq.m
伊佐 [Utilization ]42,444,444 JPY215,447 JPY/sq.m
志真志 [Utilization ]55,000,000 JPY205,963 JPY/sq.m
新城 [Utilization ]40,637,500 JPY230,188 JPY/sq.m
字宇地泊 [Utilization ]626,285,714 JPY212,412 JPY/sq.m
嘉数 [Utilization ]22,666,667 JPY200,292 JPY/sq.m
大謝名 [Utilization ]27,600,000 JPY214,745 JPY/sq.m
赤道 [Utilization ]20,200,000 JPY203,676 JPY/sq.m

Area

Okinawa Ginowan-Shi (205)

真栄原 (32)

大山 (19)

野嵩 (16)

我如古 (16)

普天間 (15)

長田 (14)

字愛知 (12)

宜野湾 (11)

真志喜 (9)

伊佐 (9)

志真志 (9)

新城 (8)

字宇地泊 (7)

嘉数 (6)

大謝名 (5)

赤道 (5)