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%)

The highest Land market value is JR Gantoku Line at 28,970 JPY/sq.m. On the other hand, those with the lowest market value is JR Mine Line at 10,555 JPY/sq.m.

Data regarding the market value and its changes of Land in JR were calculated using data on the sales of 13,231 properties provided by the MLIT Japan.

Value:
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Market value

StationsAverage Trading PriceAverage Unit Price
JR Ube Line [Utilization ]11,589,337 JPY26,400 JPY/sq.m
JR Onoda Line [Utilization ]11,039,820 JPY23,774 JPY/sq.m
JR Yamaguchi Line [Utilization ]11,161,161 JPY27,351 JPY/sq.m
JR San-in Main Line [Utilization ]10,383,535 JPY25,978 JPY/sq.m
JR Sanyo Main Line [Utilization ]13,837,828 JPY28,344 JPY/sq.m
JR Gantoku Line [Utilization ]13,755,630 JPY38,122 JPY/sq.m
JR Mine Line [Utilization ]6,429,703 JPY13,758 JPY/sq.m