Kintetsu Suzuka Line railway market report
- Type: Apartment
- Line: Kintetsu Suzuka Line
Isewakamatsu Hiratachou [5 stations] - Period: 2019 - 2Q
Apr, 2019 Jun, 2019
Kintetsu Suzuka Line Apartment market overview
The average price of Kintetsu Suzuka Line (Isewakamatsu to Hiratachou) Apartment, in Apr, 2019 to Jun, 2019 was 242,105 JPY/sq.m. The market value represents an increase of 220,438 JPY (+1017.4%) compared to 1 year ago and a transition to a dramatic market. 1 properties exchanged hands (It was the same as last year.).
The average age of the real estate was 12.3 years old (a -63.2% decrease compared to the 33.3 years old of last year.). The average size of the real estate was 95.0 sq.m (a +58.3% increase compared to the 60.0 sq.m of last year.).
One distinguishing feature of recent real-estate transactions was a slight decrease in transactions involving size for a general family households less than 100 sq.m.
0 stations have experienced increased prices; 0 stations have experienced decreased prices. The market value decreased in all stations.
The top 0 stations has seen prices increase +0.0% (+0 JPY/sq.m). On the other hand, The bottom 0 stations has seen prices decrease +0.0% (+0 JPY/sq.m).
Cause of price increases
- A dramatic decrease in average age of the building (representing 33.3 years old in 2018 and 12.3 years old in 2019; -63.2%)
- A dramatic decrease in average distance from the station (representing 8.0 min in 2018 and 3.0 min in 2019; -62.5%)
Apartment stations market overview
| Kintetsu Suzuka Line | This year(2019) (Avg.Age,Dim.) | 1 year ago (Avg.Age,Dim.) | 2 years ago (Avg.Age,Dim.) |
|---|---|---|---|
| Isewakamatsu | - | - | - |
| Yanagi | - | - | - |
| Suzukashi | 242,105 JPYsq.m (12.2602739726027495.0sq.m) | - | - |
| Mikkaichi | - | - | - |
| Hiratachou | - | 21,667 JPYsq.m (33.27397260273972560.0sq.m) | 126,666 JPYsq.m (21.26575342465753682.5sq.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.
Breakdown of each segment
Station: Segment: