Kanagawa Hakone Tozan Railway Line Land market overview [Show ]
The average price of a sq.m Land of Kanagawa Hakone Tozan Railway Hakone Tozan Railway Line, in 2017 was 41,201 JPY/sq.m. The market value represents a decrease of 33,280 JPY (-44.7%) compared to 1 year ago and a transition to a dramatic market. 2 properties exchanged hands ( The market value represents a decrease of 19 (-90.5%) compared to 1 year ago and a transition to a dramatic market.).
The average size of the real estate was 257.5 sq.m (a -46.5% decrease compared to the 481.0 sq.m of last year.).
One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving locations relatively far from the station less than twenty minutes by foot from the station.
Cause of price increases
- A dramatic decrease in average distance from the station (representing 30.0 min in 2016 and 19.5 min in 2017; -35.1%)
|Stations||Average Trading Price||Average Unit Price|
|Odawara [Utilization ]||20,168,462 JPY||120,590 JPY/sq.m|
|Hakoneitabashi [Utilization ]||23,855,385 JPY||103,210 JPY/sq.m|
|Kazamatsuri [Utilization ]||14,575,000 JPY||68,303 JPY/sq.m|
|IRiuda [Utilization ]||18,941,667 JPY||67,841 JPY/sq.m|
|Hakoneyumoto [Utilization ]||18,990,909 JPY||49,122 JPY/sq.m|
|Kowakidani||25,915,790 JPY||32,542 JPY/sq.m|
|Goura||12,850,909 JPY||13,854 JPY/sq.m|