Kagawa JR Honshi-Bisan Line Home market overview [Show ]

The average price of a sq.m Home of Kagawa JR JR Honshi-Bisan Line, in 2017 was 183,623 JPY/sq.m. The market value represents an increase of 67,374 JPY (+58.0%) compared to 1 year ago and a transition to a dramatic market. 6 properties exchanged hands ( The market value represents a decrease of 4 (-40.0%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 3.4 years old (a -86.6% decrease compared to the 25.5 years old of last year.). The average size of the real estate was 219.2 sq.m (a -71.6% decrease compared to the 771.0 sq.m of last year.). The average total floor space of the real estate was 116.0 sq.m (a -86.2% decrease compared to the 838.5 sq.m of last year.).

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving relatively large total floor space more than 100 sq.m.

Cause of price increases

  • A dramatic decrease in average age of the building (representing 25.5 years old in 2016 and 3.4 years old in 2017; -86.6%)
  • A dramatic increase in transactions involving nearly new buildings under 3 years old (representing 30.0% of total transactions in 2016 and 83.3% of total transactions in 2017)
Data regarding the market value and its changes of Home in JR Honshi-Bisan Line were calculated using data on the sales of 107 properties provided by the MLIT Japan.

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Market value

StationsAverage Trading PriceAverage Unit Price
Utadu [Utilization ]59,719,512 JPY138,825 JPY/sq.m

Stations

Kagawa JR Honshi-Bisan Line (107)

Utadu (107)