JR Yamaguchi Line Land market overview [Show ]

The average price of a sq.m Land of Yamaguchi JR JR Yamaguchi Line, in 2017 was 24,521 JPY/sq.m. The market value represents a decrease of 2,292 JPY (-8.5%) compared to 1 year ago and a transition to a bear market. 22 properties exchanged hands ( The market value represents a decrease of 110 (-83.3%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 450.5 sq.m (a -15.7% decrease compared to the 534.2 sq.m of last year.).

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving relatively large size more than 100 sq.m.

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 3.8% of total transactions in 2016 and 9.1% of total transactions in 2017)

Causes of price decreases

  • An increase in average distance from the station (representing 25.5 min in 2016 and 30.0 min in 2017; +17.8%)

The highest Land market value is Shin-Yamaguchi at 46,153 JPY/sq.m. On the other hand, those with the lowest market value is Mitani at 1,484 JPY/sq.m.

Data regarding the market value and its changes of Land in JR Yamaguchi Line were calculated using data on the sales of 1,782 properties provided by the MLIT Japan.





Market value

StationsAverage Trading PriceAverage Unit Price
Shin-Yamaguchi [Land utilization ]23,563,958 JPY43,268 JPY/sq.m
Suoushimogou10,112,143 JPY33,431 JPY/sq.m
Kamigou [Land utilization ]7,185,909 JPY22,667 JPY/sq.m
Nihodu [Land utilization ]13,912,571 JPY17,154 JPY/sq.m
Ootoshi [Land utilization ]8,306,800 JPY22,886 JPY/sq.m
Yabara [Land utilization ]9,659,259 JPY29,316 JPY/sq.m
Yudaonnsenn [Land utilization ]12,108,889 JPY30,689 JPY/sq.m
Yamaguchi [Land utilization ]8,808,401 JPY25,844 JPY/sq.m
Kamiyamaguchi [Land utilization ]25,260,400 JPY36,537 JPY/sq.m
Miyano [Land utilization ]11,651,724 JPY20,803 JPY/sq.m
Niho5,867,619 JPY9,214 JPY/sq.m
Shinome12,776,667 JPY2,525 JPY/sq.m
Mitani1,229,091 JPY3,364 JPY/sq.m
Jifuku1,275,000 JPY4,669 JPY/sq.m
Nabekura1,331,667 JPY4,438 JPY/sq.m
Tokusa1,433,462 JPY4,737 JPY/sq.m