JR Sangū Line Apartment market overview

The average price of a sq.m Apartment of JR Sangū Line (Iseshi to Iseshi), in Jan, 2016 to Mar, 2016 was 235,294 JPY/sq.m. The market value represents a decrease of 0 JPY (+0.0%) compared to 1 year ago and a transition to a slight market. 1 properties exchanged hands (It was the same as last year.).

The average age of the real estate was 12.0 years old (a +2.1% increase compared to the 11.8 years old of last year.). The average size of the real estate was 85.0 sq.m (a +0.0% decrease compared to the 85.0 sq.m of last year.).

One distinguishing feature of recent real-estate transactions was a slight decrease in transactions involving relatively new buildings under 20 years old.

0 stations have experienced increased prices; 0 stations have experienced decreased prices. The market value decreased in all stations. Iseshi station has seen a price decrease of over 20% compared to last year. The most dramatic price increase was at Iseshi station, where prices have decreased +0.0% compared to last year; a sq.m unit now costs 235,294 JPY/sq.m.

The top 1 stations has seen prices increase +0.0% (+0 JPY/sq.m). On the other hand, The bottom 1 stations has seen prices decrease +0.0% (+0 JPY/sq.m).


Cause of price increases

  • A dramatic decrease in average distance from the station (representing 16.0 min in 2015 and 11.0 min in 2016; -31.2%)

Breakdown of each segment

The table below shows Apartment dealt in JR Sangū Line, in age, distance from station, and area segments. For example, we can see market trends, such as which transactions have increased more in recent years, those for newer properties, or older ones.

Segment:

Top

Apartment stations market overview

The average price of a sq.m Apartment of Iseshi, the highest market value along this railway was 235,294 JPY/sq.m. The market value represents a decrease of 0 JPY (+0.0%) compared to 1 year ago and a transition to a slight market. 1 properties exchanged hands (It was the same as last year.).

The average price of a sq.m Apartment of Iseshi, the lowest market value along this railway was 235,294 JPY/sq.m. The market value represents a decrease of 0 JPY (+0.0%) compared to 1 year ago and a transition to a slight market. 1 properties exchanged hands (It was the same as last year.).

JR Sangū Line (Stations Apartment market overview)
JR Sangū LineThis year(2016)1 year ago2 years ago
Iseshi235,294 JPY (12.0Y/85.0sq.m)235,294 JPY (11.8Y/85.0sq.m)
*Average unit prices per sq.m of Apartment at each train station were calculated using the Utinokati database of actual market sales prices (based on surveys conducted by the Ministry of Land, Infrastructure, Transport, and Tourism of Japan). Units: JPY (Japanese Yen); parenthesis contain average age in years of building / equivalent measurement of area of real estate.
Top

Noteworthy stations

Iseshi235,294 JPY/sq.m (+0% compared with the previous year)

The average price of a sq.m Apartment of Iseshi was 235,294 JPY/sq.m. The market value represents a decrease of 0 JPY (+0.0%) compared to 1 year ago and a transition to a slight market. 1 properties exchanged hands (It was the same as last year.).

The average age of the real estate was 12.0 years old (a +2.1% increase compared to the 11.8 years old of last year.). The average size of the real estate was 85.0 sq.m (a +0.0% decrease compared to the 85.0 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 16.0 min in 2015 and 11.0 min in 2016; -31.2%)

Breakdown of each segment

Station:   Segment:

Utinokati, Outi Research

*If you wish to use or reproduce this data, please enter the URL (https://utinokati.com/en/) where the data will be posted. (As a general rule, prior consent is not required.) Our data is based on Ministry of Land, Infrastructure, Transport, and Tourism of Japan (actual market sales prices)