The average price of a sq.m Land of Tokyo Inagi-Shi, in 2017 was 184,289 JPY/sq.m. The market value represents a decrease of 46,090 JPY (-20.0%) compared to 1 year ago and a transition to a dramatic market. 13 properties exchanged hands ( The market value represents a decrease of 16 (-55.2%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 324.2 sq.m (a +32.6% increase compared to the 244.5 sq.m of last year.).

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving middle size for a DINKS or an old age households less than 60 sq.m.

Cause of price increases

• A dramatic increase in transactions involving locations near to the station less than three minutes by foot from the station (representing 3.4% of total transactions in 2016 and 7.7% of total transactions in 2017)

Causes of price decreases

• An increase in average distance from the station (representing 8.1 min in 2016 and 9.2 min in 2017; +14.4%)
• An decrease in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 37.9% of total transactions in 2016 and 30.8% of total transactions in 2017)

The highest Land market value is 東長沼 at 257,142 JPY/sq.m. On the other hand, those with the lowest market value is 坂浜 at 106,060 JPY/sq.m.

Data regarding the market value and its changes of Land in Inagi-Shi were calculated using data on the sales of 345 properties provided by the MLIT Japan.