Okinawa Nago-Shi Home market overview [Show ]

The average price of a sq.m Home of Okinawa Nago-Shi, in 2017 was 115,025 JPY/sq.m. The market value represents a decrease of 71,552 JPY (-38.3%) compared to 1 year ago and a transition to a dramatic market. 7 properties exchanged hands ( The market value represents a decrease of 13 (-65.0%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 29.5 years old (a +60.1% increase compared to the 18.4 years old of last year.). The average size of the real estate was 332.9 sq.m (a -24.4% decrease compared to the 440.0 sq.m of last year.). The average total floor space of the real estate was 472.9 sq.m (a +124.6% increase compared to the 210.5 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.

Causes of price decreases

  • A dramatic increase in average age of the building (representing 18.4 years old in 2016 and 29.5 years old in 2017; +60.1%)
  • A dramatic increase in transactions involving relatively old buildings under 40 years old (representing 36.8% of total transactions in 2016 and 71.4% of total transactions in 2017)

The highest Home market value is 宇茂佐の森 at 251,552 JPY/sq.m. On the other hand, those with the lowest market value is 字伊差川 at 30,666 JPY/sq.m.

Data regarding the market value and its changes of Home in Nago-Shi were calculated using data on the sales of 229 properties provided by the MLIT Japan.

Value:
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Market value

AreaAverage Trading PriceAverage Unit Price
東江 [Utilization ]60,290,000 JPY151,396 JPY/sq.m
大東 [Utilization ]47,176,471 JPY156,397 JPY/sq.m
宮里 [Utilization ]28,587,500 JPY189,783 JPY/sq.m
字為又 [Utilization ]40,557,143 JPY169,422 JPY/sq.m
字宇茂佐 [Utilization ]21,661,538 JPY166,888 JPY/sq.m
字名護37,646,154 JPY143,794 JPY/sq.m
大北 [Utilization ]55,909,091 JPY191,108 JPY/sq.m
大南 [Utilization ]25,690,909 JPY140,521 JPY/sq.m
字屋部 [Utilization ]22,877,778 JPY180,758 JPY/sq.m
字済井出14,262,500 JPY110,015 JPY/sq.m
字宮里 [Utilization ]53,428,571 JPY111,042 JPY/sq.m
字田井等9,100,000 JPY121,831 JPY/sq.m
字我部祖河10,240,000 JPY118,788 JPY/sq.m
宇茂佐の森 [Utilization ]70,200,000 JPY256,195 JPY/sq.m
34,000,000 JPY62,783 JPY/sq.m
字伊差川 [Utilization ]9,740,000 JPY112,091 JPY/sq.m
18,500,000 JPY112,551 JPY/sq.m
字親川10,550,000 JPY106,904 JPY/sq.m
字久志14,375,000 JPY131,688 JPY/sq.m
字仲尾10,050,000 JPY118,884 JPY/sq.m
字瀬嵩12,300,000 JPY137,189 JPY/sq.m
字安和11,950,000 JPY126,897 JPY/sq.m
字真喜屋14,325,000 JPY148,525 JPY/sq.m

Area

Okinawa Nago-Shi (229)

東江 (20)

大東 (17)

宮里 (16)

字為又 (14)

字宇茂佐 (13)

字名護 (13)

大北 (11)

大南 (11)

字屋部 (9)

字済井出 (8)

字宮里 (7)

字田井等 (7)

字我部祖河 (5)

宇茂佐の森 (5)

(5)

字伊差川 (5)

(4)

字親川 (4)

字久志 (4)

字仲尾 (4)

字瀬嵩 (4)

字安和 (4)

字真喜屋 (4)