Shizuoka JR Minobu Line Land market overview [Show ]

The average price of a sq.m Land of Shizuoka JR JR Minobu Line, in 2017 was 57,406 JPY/sq.m. The market value represents an increase of 8,823 JPY (+18.2%) compared to 1 year ago and a transition to a bull market. 24 properties exchanged hands ( The market value represents a decrease of 260 (-91.5%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 334.6 sq.m (a -17.3% decrease compared to the 404.6 sq.m of last year.).

One distinguishing feature of recent real-estate transactions was an 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 33.3 min in 2016 and 25.1 min in 2017; -24.6%)
  • A dramatic increase in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 2.1% of total transactions in 2016 and 4.2% of total transactions in 2017)

The highest Land market value is Yunoki at 85,714 JPY/sq.m. On the other hand, those with the lowest market value is Shibakawa at 14,141 JPY/sq.m.

Data regarding the market value and its changes of Land in JR Minobu Line were calculated using data on the sales of 4,009 properties provided by the MLIT Japan.

Value:

Unit:

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Market value

StationsAverage Trading PriceAverage Unit Price
Fuji [Land utilization ]24,430,829 JPY57,845 JPY/sq.m
Yunoki [Land utilization ]28,250,000 JPY78,969 JPY/sq.m
Tatebori [Land utilization ]29,150,000 JPY62,227 JPY/sq.m
IRiyamase [Land utilization ]12,411,842 JPY49,870 JPY/sq.m
Fujine [Land utilization ]12,995,454 JPY37,499 JPY/sq.m
Genndouji [Land utilization ]10,992,414 JPY44,505 JPY/sq.m
Fujinomiya [Land utilization ]20,491,075 JPY39,807 JPY/sq.m
Nishifujinomiya [Land utilization ]11,148,148 JPY38,521 JPY/sq.m
Numakubo [Land utilization ]10,071,429 JPY33,867 JPY/sq.m
Shibakawa5,653,636 JPY16,797 JPY/sq.m