Miyagi JR Rikuu East Line Home market overview [Show ]

The average price of a sq.m Home of Miyagi JR JR Rikuu East Line, in 2017 was 139,959 JPY/sq.m. The market value represents an increase of 10,035 JPY (+7.7%) compared to 1 year ago and a transition to a strong market. 41 properties exchanged hands ( The market value represents a decrease of 40 (-49.4%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 17.4 years old (a +0.7% increase compared to the 17.3 years old of last year.). The average size of the real estate was 390.9 sq.m (a -7.7% decrease compared to the 423.3 sq.m of last year.). The average total floor space of the real estate was 137.0 sq.m (a -25.1% decrease compared to the 182.9 sq.m of last year.).

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving relatively old buildings under 40 years old, as well as a dramatic increase in transactions involving middle total floor space for a DINKS or an old age households less than 60 sq.m.

Cause of price increases

  • An decrease in average distance from the station (representing 29.7 min in 2016 and 26.6 min in 2017; -10.6%)
  • A dramatic decrease in transactions involving older buildings over 40 years old (representing 17.6% of total transactions in 2016 and 11.4% of total transactions in 2017)
  • A some increase in transactions involving nearly new buildings under 3 years old (representing 47.1% of total transactions in 2016 and 48.6% of total transactions in 2017)

Causes of price decreases

  • A dramatic increase in transactions involving relatively old buildings under 40 years old (representing 23.5% of total transactions in 2016 and 34.3% of total transactions in 2017)
  • A slight decrease in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 7.4% of total transactions in 2016 and 7.3% of total transactions in 2017)

The highest Home market value is Tsukanome at 170,000 JPY/sq.m. On the other hand, those with the lowest market value is Narukoonnsenn at 30,000 JPY/sq.m.

Data regarding the market value and its changes of Home in JR Rikuu East Line were calculated using data on the sales of 1,027 properties provided by the MLIT Japan.

Value:
Unit:   Touch:

売却検討物件の正確な価格計算は、無料一括査定サービスを御利用ください

Loading...
提携無料一括査定サービス

Market value

StationsAverage Trading PriceAverage Unit Price
Kogota14,448,000 JPY120,681 JPY/sq.m
Kitaura12,873,913 JPY92,380 JPY/sq.m
Rikuzennyachi22,200,000 JPY166,354 JPY/sq.m
Furukawa [Utilization ]23,015,032 JPY152,620 JPY/sq.m
Tsukanome [Utilization ]22,918,628 JPY167,877 JPY/sq.m
Nishifurukawa11,565,790 JPY80,011 JPY/sq.m
Higashioosaki13,200,000 JPY59,848 JPY/sq.m
Iwadeyama8,940,000 JPY61,921 JPY/sq.m
Kaminome5,240,000 JPY52,367 JPY/sq.m
Kawatabionnsenn4,392,857 JPY39,983 JPY/sq.m
Narukogotennyu6,500,000 JPY54,522 JPY/sq.m
Narukoonnsenn20,830,588 JPY34,076 JPY/sq.m
Nakayamadairaonnsenn18,726,667 JPY61,719 JPY/sq.m