The average price of a sq.m Land of Tokyo Nishitama-Gun Hinode-Machi, in 2017 was 54,139 JPY/sq.m. The market value represents a decrease of 8,022 JPY (-12.9%) compared to 1 year ago and a transition to a weak market. 3 properties exchanged hands ( The market value represents a decrease of 9 (-75.0%) compared to 1 year ago and a transition to a dramatic market.).
The average size of the real estate was 233.3 sq.m (a -53.9% decrease compared to the 505.8 sq.m of last year.).
One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving relatively large size more than 100 sq.m.
The highest Land market value is 大字平井 at 112,000 JPY/sq.m. On the other hand, those with the lowest market value is 大字大久野 at 55,555 JPY/sq.m.Data regarding the market value and its changes of Land in Hinode-Machi were calculated using data on the sales of 212 properties provided by the MLIT Japan.
|Area||Average Trading Price||Average Unit Price|
|大字平井||32,660,070 JPY||100,694 JPY/sq.m|
|大字大久野||14,875,362 JPY||55,262 JPY/sq.m|