Miyagi JR Kesennuma Line Home market overview [Show ]
The average price of a sq.m Home of Miyagi JR JR Kesennuma Line, in 2017 was 68,154 JPY/sq.m. The market value represents an increase of 2,676 JPY (+4.1%) compared to 1 year ago and a transition to a some market. 6 properties exchanged hands ( The market value represents a decrease of 21 (-77.8%) compared to 1 year ago and a transition to a dramatic market.).
The average age of the real estate was 38.9 years old (a +3.5% increase compared to the 37.6 years old of last year.). The average size of the real estate was 439.2 sq.m (a -19.3% decrease compared to the 544.4 sq.m of last year.). The average total floor space of the real estate was 176.7 sq.m (a +0.6% increase compared to the 175.6 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 distance from the station (representing 51.3 min in 2016 and 36.7 min in 2017; -28.5%)
- A dramatic increase in transactions involving recently constructed buildings under 6 years old (representing 4.2% of total transactions in 2016 and 20.0% of total transactions in 2017)
Causes of price decreases
- An increase in transactions involving older buildings over 40 years old (representing 50.0% of total transactions in 2016 and 60.0% of total transactions in 2017)
|Stations||Average Trading Price||Average Unit Price|
|Maeyachi||25,062,500 JPY||126,739 JPY/sq.m|
|Wabuchi||11,391,667 JPY||34,608 JPY/sq.m|
|Nonodake||4,060,000 JPY||27,236 JPY/sq.m|
|Rikuzenntoyosato||12,484,259 JPY||71,711 JPY/sq.m|
|Yanaidu||7,520,690 JPY||51,427 JPY/sq.m|
|Shidugawa||9,111,111 JPY||40,823 JPY/sq.m|
|Motoyoshi||23,100,000 JPY||100,650 JPY/sq.m|
|Rikuzennhashikami||11,055,556 JPY||81,918 JPY/sq.m|
|Saichi||17,441,667 JPY||64,228 JPY/sq.m|
|Matsuiwa||13,418,182 JPY||106,307 JPY/sq.m|
|Minamikesennnuma||24,300,000 JPY||124,735 JPY/sq.m|
|Fudounosawa||12,722,222 JPY||92,743 JPY/sq.m|
|Kesennnuma||16,776,923 JPY||121,208 JPY/sq.m|