Okinawa Ginowan-Shi (205)
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
Causes of price decreases
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.
|Area||Average Trading Price||Average Unit Price|
|真栄原 [Utilization ]||48,562,500 JPY||197,256 JPY/sq.m|
|大山 [Utilization ]||59,789,474 JPY||205,454 JPY/sq.m|
|野嵩 [Utilization ]||29,343,750 JPY||261,345 JPY/sq.m|
|我如古 [Utilization ]||32,250,000 JPY||213,923 JPY/sq.m|
|普天間||34,753,333 JPY||89,557 JPY/sq.m|
|長田 [Utilization ]||31,785,714 JPY||268,744 JPY/sq.m|
|字愛知||27,666,667 JPY||181,834 JPY/sq.m|
|宜野湾 [Utilization ]||43,454,546 JPY||246,606 JPY/sq.m|
|真志喜 [Utilization ]||111,000,000 JPY||206,466 JPY/sq.m|
|伊佐 [Utilization ]||42,444,444 JPY||215,447 JPY/sq.m|
|志真志 [Utilization ]||55,000,000 JPY||205,963 JPY/sq.m|
|新城 [Utilization ]||40,637,500 JPY||230,188 JPY/sq.m|
|字宇地泊 [Utilization ]||626,285,714 JPY||212,412 JPY/sq.m|
|嘉数 [Utilization ]||22,666,667 JPY||200,292 JPY/sq.m|
|大謝名 [Utilization ]||27,600,000 JPY||214,745 JPY/sq.m|
|赤道 [Utilization ]||20,200,000 JPY||203,676 JPY/sq.m|