JR Sangū Line railway market report

JR Sangū Line Apartment market overview

The average price of JR Sangū Line (Iseshi to Iseshi) Apartment, in Jul, 2018 to Sep, 2018 was 320,000 JPY/sq.m. The market value represents an increase of 29,368 JPY (+10.1%) compared to 1 year ago and a transition to a bull market. 1 properties exchanged hands ( The market value represents a decrease of 2 (-66.7%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 14.5 years old (a +17.6% increase compared to the 12.3 years old of last year.). The average size of the real estate was 75.0 sq.m (a -10.0% decrease compared to the 83.3 sq.m of last year.).

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

1 stations have experienced increased prices; 0 stations have experienced decreased prices. The market value increased in all stations. Iseshi station has seen a price increase of over 10% compared to last year. The most dramatic price increase was at Iseshi station, where prices have increased +10.1% compared to last year; a sq.m unit now costs 320,000 JPY/sq.m.

The top 1 stations has seen prices increase +10.1% (+29,368 JPY/sq.m). On the other hand, The bottom 1 stations has seen prices decrease +10.1% (+29,368 JPY/sq.m).

Cause of price increases

  • An decrease in average distance from the station (representing 12.0 min in 2017 and 10.0 min in 2018; -16.7%)

Causes of price decreases

  • An increase in average age of the building (representing 12.3 years old in 2017 and 14.5 years old in 2018; +17.6%)

Apartment stations market overview

The average price of Iseshi Apartment, the highest market value along this railway was 320,000 JPY/sq.m. The market value represents an increase of 29,368 JPY (+10.1%) compared to 1 year ago and a transition to a bull market. 1 properties exchanged hands ( The market value represents a decrease of 2 (-66.7%) compared to 1 year ago and a transition to a dramatic market.).

The average price of Iseshi Apartment, the lowest market value along this railway was 320,000 JPY/sq.m. The market value represents an increase of 29,368 JPY (+10.1%) compared to 1 year ago and a transition to a bull market. 1 properties exchanged hands ( The market value represents a decrease of 2 (-66.7%) compared to 1 year ago and a transition to a dramatic market.).

JR Sangū Line (Stations Apartment market overview)
JR Sangū LineThis year(2018)
(Avg.Age,Dim.)
1 year ago
(Avg.Age,Dim.)
2 years ago
(Avg.Age,Dim.)
Iseshi320,000 JPYsq.m
(14.51232876712328875.0sq.m)
290,632 JPYsq.m
(12.34337899543378883.3sq.m)
235,294 JPYsq.m
(12.00821917808219185.0sq.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.

Noteworthy stations

Iseshi320,000 JPY/sq.m (+10% compared with the previous year)

The average price of Iseshi Apartment was 320,000 JPY/sq.m. The market value represents an increase of 29,368 JPY (+10.1%) compared to 1 year ago and a transition to a bull market. 1 properties exchanged hands ( The market value represents a decrease of 2 (-66.7%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 14.5 years old (a +17.6% increase compared to the 12.3 years old of last year.). The average size of the real estate was 75.0 sq.m (a -10.0% decrease compared to the 83.3 sq.m of last year.).

Cause of price increases

  • An decrease in average distance from the station (representing 12.0 min in 2017 and 10.0 min in 2018; -16.7%)

Causes of price decreases

  • An increase in average age of the building (representing 12.3 years old in 2017 and 14.5 years old in 2018; +17.6%)

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)