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 12,021 JPY/sq.m. The market value represents an increase of 5,287 JPY (+78.5%) compared to 1 year ago and a transition to a dramatic market. 10 properties exchanged hands ( The market value represents a decrease of 29 (-74.4%) compared to 1 year ago and a transition to a dramatic market.).
The average size of the real estate was 475.5 sq.m (a -31.0% decrease compared to the 689.1 sq.m of last year.).
One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving locations relatively near to the station less than six minutes by foot from the station.
Cause of price increases
- A dramatic increase in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 2.6% of total transactions in 2016 and 20.0% of total transactions in 2017)
|Stations||Average Trading Price||Average Unit Price|
|Oiwake||5,066,389 JPY||11,812 JPY/sq.m|
|Detohama||2,229,839 JPY||6,092 JPY/sq.m|
|Kamifutada||6,573,846 JPY||5,430 JPY/sq.m|
|Futada||5,764,148 JPY||10,452 JPY/sq.m|
|Tennnou||1,438,750 JPY||4,945 JPY/sq.m|
|Funakoshi||7,792,099 JPY||13,631 JPY/sq.m|
|Wakimoto||2,097,414 JPY||5,758 JPY/sq.m|
|Hadachi||2,364,762 JPY||8,319 JPY/sq.m|
|Oga||3,757,027 JPY||9,282 JPY/sq.m|