Shizuoka Shinkansen Land market overview [Show ]

The average price of a sq.m Land of Shizuoka Shinkansen, in 2017 was 88,642 JPY/sq.m. The market value represents an increase of 6,114 JPY (+7.4%) compared to 1 year ago and a transition to a strong market. 111 properties exchanged hands ( The market value represents a decrease of 866 (-88.6%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 265.4 sq.m (a -23.1% decrease compared to the 345.0 sq.m of last year.).

One distinguishing feature of recent real-estate transactions was an decrease in transactions involving very large size more than 200 sq.m.

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 0.1% of total transactions in 2016 and 0.9% of total transactions in 2017)
Data regarding the market value and its changes of Land in Shinkansen were calculated using data on the sales of 12,498 properties provided by the MLIT Japan.

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