The average price of a sq.m Land of Ibaraki Inashiki-Gun, in 2017 was 29,953 JPY/sq.m. The market value represents an increase of 5,037 JPY (+20.2%) compared to 1 year ago and a transition to a dramatic market. 18 properties exchanged hands ( The market value represents a decrease of 47 (-72.3%) compared to 1 year ago and a transition to a dramatic market.).
The average size of the real estate was 587.8 sq.m (a +3.5% increase compared to the 567.8 sq.m of last year.).
One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving locations relatively far from the station less than twenty minutes by foot from the station.
Cause of price increases
- A dramatic decrease in average distance from the station (representing 65.6 min in 2016 and 48.6 min in 2017; -25.9%)