Yamaguchi JR Land market overview [Show ]
The average price of a sq.m Land of Yamaguchi JR, in 2017 was 25,847 JPY/sq.m. The market value represents a decrease of 981 JPY (-3.7%) compared to 1 year ago and a transition to a some market. 214 properties exchanged hands ( The market value represents a decrease of 557 (-72.2%) compared to 1 year ago and a transition to a dramatic market.).
The average size of the real estate was 489.1 sq.m (a +4.2% 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 8.4% of total transactions in 2017)
Causes of price decreases
- An increase in average distance from the station (representing 24.8 min in 2016 and 27.4 min in 2017; +10.6%)
|Stations||Average Trading Price||Average Unit Price|
|JR Ube Line [Utilization ]||11,589,337 JPY||26,400 JPY/sq.m|
|JR Onoda Line [Utilization ]||11,039,820 JPY||23,774 JPY/sq.m|
|JR Yamaguchi Line [Utilization ]||11,161,161 JPY||27,351 JPY/sq.m|
|JR San-in Main Line [Utilization ]||10,383,535 JPY||25,978 JPY/sq.m|
|JR Sanyo Main Line [Utilization ]||13,837,828 JPY||28,344 JPY/sq.m|
|JR Gantoku Line [Utilization ]||13,755,630 JPY||38,122 JPY/sq.m|
|JR Mine Line [Utilization ]||6,429,703 JPY||13,758 JPY/sq.m|