Akita JR Oga Line Land market overview [Show ]

The average price of a sq.m Land of Akita JR JR Oga Line, in 2017 was 300 JPY/sq.m. The market value represents a decrease of 6,613 JPY (-95.7%) compared to 1 year ago and a transition to a dramatic market. 1 properties exchanged hands ( The market value represents a decrease of 27 (-96.4%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 100.0 sq.m (a -88.1% decrease compared to the 837.9 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.

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 22.4 min in 2016 and 120.0 min in 2017; +435.0%)

The highest Land market value is Funakoshi at 15,000 JPY/sq.m. On the other hand, those with the lowest market value is Tennnou at 3,764 JPY/sq.m.

Data regarding the market value and its changes of Land in JR Oga Line were calculated using data on the sales of 482 properties provided by the MLIT Japan.

Value:

Unit:

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Market value

StationsAverage Trading PriceAverage Unit Price
Oiwake5,438,611 JPY11,111 JPY/sq.m
Detohama2,259,836 JPY6,191 JPY/sq.m
Kamifutada6,756,800 JPY5,317 JPY/sq.m
Futada5,966,615 JPY10,736 JPY/sq.m
Tennnou1,531,333 JPY5,264 JPY/sq.m
Funakoshi7,559,744 JPY13,635 JPY/sq.m
Wakimoto2,097,414 JPY5,758 JPY/sq.m
Hadachi2,364,762 JPY8,319 JPY/sq.m
Oga3,757,027 JPY9,282 JPY/sq.m