The average price of a sq.m Land of Nagano Ina-Shi, in 2017 was 15,515 JPY/sq.m. The market value represents an increase of 1,606 JPY (+11.5%) compared to 1 year ago and a transition to a bull market. 54 properties exchanged hands ( The market value represents a decrease of 2 (-3.6%) compared to 1 year ago and a transition to a some market.).
The average size of the real estate was 557.4 sq.m (a +24.6% increase compared to the 447.3 sq.m of last year.).
One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving locations less than ten minutes by foot from the station.
Cause of price increases
- An decrease in average distance from the station (representing 39.8 min in 2016 and 35.2 min in 2017; -11.8%)
Causes of price decreases
- A dramatic decrease in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 5.4% of total transactions in 2016 and 3.8% of total transactions in 2017)
The highest Land market value is 境 at 29,189 JPY/sq.m. On the other hand, those with the lowest market value is 長谷杉島 at 351 JPY/sq.m.
Data regarding the market value and its changes of Land in Ina-Shi were calculated using data on the sales of 876 properties provided by the MLIT Japan.