Shizuoka JR Gotemba Line Land market overview [Show ]

The average price of a sq.m Land of Shizuoka JR JR Gotemba Line, in 2017 was 78,871 JPY/sq.m. The market value represents a decrease of 2,798 JPY (-3.4%) compared to 1 year ago and a transition to a some market. 23 properties exchanged hands ( The market value represents a decrease of 221 (-90.6%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 417.8 sq.m (a +13.4% increase compared to the 368.3 sq.m of last year.).

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving locations near to the station less than three minutes by foot from the station.

Cause of price increases

  • A dramatic increase in transactions involving locations near to the station less than three minutes by foot from the station (representing 1.6% of total transactions in 2016 and 8.7% of total transactions in 2017)

The highest Land market value is Shimotogari at 137,931 JPY/sq.m. On the other hand, those with the lowest market value is Iwanami at 16,376 JPY/sq.m.

Data regarding the market value and its changes of Land in JR Gotemba Line were calculated using data on the sales of 3,157 properties provided by the MLIT Japan.

Value:

Unit:

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Market value

StationsAverage Trading PriceAverage Unit Price
Surugaoyama11,066,292 JPY32,410 JPY/sq.m
Ashigara13,495,476 JPY34,434 JPY/sq.m
Gotennba [Land utilization ]21,923,987 JPY59,539 JPY/sq.m
Minamigotennba [Land utilization ]18,768,293 JPY41,421 JPY/sq.m
Fujioka [Land utilization ]18,891,410 JPY56,625 JPY/sq.m
Iwanami [Land utilization ]29,161,841 JPY29,936 JPY/sq.m
Susono [Land utilization ]20,021,474 JPY82,974 JPY/sq.m
Nagaizuminameri [Land utilization ]30,318,033 JPY95,509 JPY/sq.m
Shimotogari [Land utilization ]32,310,345 JPY130,017 JPY/sq.m
Oooka [Land utilization ]19,190,909 JPY74,579 JPY/sq.m
Numadu [Land utilization ]27,123,546 JPY87,062 JPY/sq.m