JR Sangū Line railway market report

JR Sangū Line Apartment market overview

The average price of JR Sangū Line (Iseshi to Iseshi) Apartment, in Jan, 2019 to Mar, 2019 was 241,420 JPY/sq.m. The market value represents a decrease of 78,580 JPY (-24.6%) compared to 1 year ago and a transition to a dramatic market. 3 properties exchanged hands ( The market value represents an increase of 2 (+200.0%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 14.0 years old (a -3.5% decrease compared to the 14.5 years old of last year.). The average size of the real estate was 80.0 sq.m (a +6.7% increase compared to the 75.0 sq.m of last year.).

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

0 stations have experienced increased prices; 1 stations have experienced decreased prices. The market value decreased in all stations.

The top 1 stations has seen prices increase -24.6% (-78,580 JPY/sq.m). On the other hand, The bottom 1 stations has seen prices decrease -24.6% (-78,580 JPY/sq.m).

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 10.0 min in 2018 and 12.3 min in 2019; +23.3%)

Apartment stations market overview

The average price of Iseshi Apartment, the highest market value along this railway was 241,420 JPY/sq.m. The market value represents a decrease of 78,580 JPY (-24.6%) compared to 1 year ago and a transition to a dramatic market. 3 properties exchanged hands ( The market value represents an increase of 2 (+200.0%) 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 241,420 JPY/sq.m. The market value represents a decrease of 78,580 JPY (-24.6%) compared to 1 year ago and a transition to a dramatic market. 3 properties exchanged hands ( The market value represents an increase of 2 (+200.0%) compared to 1 year ago and a transition to a dramatic market.).

JR Sangū Line (Stations Apartment market overview)
JR Sangū LineThis year(2019)
(Avg.Age,Dim.)
1 year ago
(Avg.Age,Dim.)
2 years ago
(Avg.Age,Dim.)
Iseshi241,420 JPYsq.m
(14.00821917808219180.0sq.m)
320,000 JPYsq.m
(14.51232876712328875.0sq.m)
290,632 JPYsq.m
(12.34337899543378883.3sq.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

Iseshi241,420 JPY/sq.m (-25% compared with the previous year)

The average price of Iseshi Apartment was 241,420 JPY/sq.m. The market value represents a decrease of 78,580 JPY (-24.6%) compared to 1 year ago and a transition to a dramatic market. 3 properties exchanged hands ( The market value represents an increase of 2 (+200.0%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 14.0 years old (a -3.5% decrease compared to the 14.5 years old of last year.). The average size of the real estate was 80.0 sq.m (a +6.7% increase compared to the 75.0 sq.m of last year.).

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 10.0 min in 2018 and 12.3 min in 2019; +23.3%)

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)