Yamaguchi Kumage-Gun Land market overview [Show ]

The average price of a sq.m Land of Yamaguchi Kumage-Gun, in 2017 was 6,848 JPY/sq.m. The market value represents a decrease of 9,724 JPY (-58.7%) compared to 1 year ago and a transition to a dramatic market. 6 properties exchanged hands ( The market value represents a decrease of 19 (-76.0%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 698.3 sq.m (a +28.1% increase compared to the 545.0 sq.m of last year.).

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving very large size more than 200 sq.m.

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 32.3 min in 2016 and 21.8 min in 2017; -32.5%)

The highest Land market value is Kaminoseki-Cho at 20,000 JPY/sq.m. On the other hand, those with the lowest market value is Hirao-Cho at 10,508 JPY/sq.m.

Data regarding the market value and its changes of Land in Kumage-Gun were calculated using data on the sales of 316 properties provided by the MLIT Japan.

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