Yamaguchi JR Land market overview [Show ]
The average price of a sq.m Land of Yamaguchi JR, in 2017 was 25,737 JPY/sq.m. The market value represents a decrease of 1,091 JPY (-4.1%) compared to 1 year ago and a transition to a some market. 165 properties exchanged hands ( The market value represents a decrease of 606 (-78.6%) compared to 1 year ago and a transition to a dramatic market.).
The average size of the real estate was 494.2 sq.m (a +5.3% increase compared to the 469.5 sq.m of last year.).
One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving locations relatively near to the station less than six minutes by foot from the station.
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 5.7% of total transactions in 2016 and 9.7% of total transactions in 2017)
Causes of price decreases
- An increase in average distance from the station (representing 24.8 min in 2016 and 28.4 min in 2017; +14.6%)
|Stations||Average Trading Price||Average Unit Price|
|JR Ube Line [Utilization ]||11,304,229 JPY||26,256 JPY/sq.m|
|JR Onoda Line [Utilization ]||10,351,895 JPY||23,618 JPY/sq.m|
|JR Yamaguchi Line [Utilization ]||10,818,691 JPY||27,161 JPY/sq.m|
|JR San-in Main Line [Utilization ]||10,392,158 JPY||25,859 JPY/sq.m|
|JR Sanyo Main Line [Utilization ]||13,489,392 JPY||28,334 JPY/sq.m|
|JR Gantoku Line [Utilization ]||13,623,964 JPY||38,484 JPY/sq.m|
|JR Mine Line [Utilization ]||6,255,424 JPY||14,031 JPY/sq.m|