Miyagi Sendai Airport Line Home market overview [Show ]

The average price of a sq.m Home of Miyagi Sendai Airport Line, in 2017 was 240,130 JPY/sq.m. The market value represents a decrease of 11,556 JPY (-4.6%) compared to 1 year ago and a transition to a some market. 16 properties exchanged hands ( The market value represents a decrease of 4 (-20.0%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 12.5 years old (a +0.1% increase compared to the 12.5 years old of last year.). The average size of the real estate was 409.1 sq.m (a +59.9% increase compared to the 255.8 sq.m of last year.). The average total floor space of the real estate was 216.8 sq.m (a +70.9% increase compared to the 126.8 sq.m of last year.).

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving locations more than twenty minutes by foot from the station, outside of walking distance, as well as a dramatic increase in transactions involving total floor space for a general family households less than 100 sq.m.

Cause of price increases

  • A dramatic decrease in transactions involving relatively old buildings under 40 years old (representing 16.7% of total transactions in 2016 and 7.1% of total transactions in 2017)
  • A slight increase in transactions involving nearly new buildings under 3 years old (representing 55.6% of total transactions in 2016 and 57.1% of total transactions in 2017)

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 14.7 min in 2016 and 17.8 min in 2017; +21.6%)
  • A dramatic increase in transactions involving older buildings over 40 years old (representing 16.7% of total transactions in 2016 and 21.4% of total transactions in 2017)
Data regarding the market value and its changes of Home in Sendai Airport Line were calculated using data on the sales of 420 properties provided by the MLIT Japan.

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Market value

StationsAverage Trading PriceAverage Unit Price
Natori [Utilization ]48,819,101 JPY238,590 JPY/sq.m
Morisekinoshita [Utilization ]39,214,286 JPY285,408 JPY/sq.m
Mitazono [Utilization ]40,811,594 JPY278,493 JPY/sq.m
Senndaikuukou61,500,000 JPY174,552 JPY/sq.m