Kintetsu Suzuka Line railway market report
- Type: Apartment
- Line: Kintetsu Suzuka Line
Isewakamatsu Hiratachou [5 stations] - Period: 2020 - 2Q
Apr, 2020 Jun, 2020
Kintetsu Suzuka Line Apartment market overview
The average price of Kintetsu Suzuka Line (Isewakamatsu to Hiratachou) Apartment, in Apr, 2020 to Jun, 2020 was 252,632 JPY/sq.m. The market value represents an increase of 10,527 JPY (+4.3%) compared to 1 year ago and a transition to a some market. 1 properties exchanged hands (It was the same as last year.).
The average age of the real estate was 13.3 years old (a +8.2% increase compared to the 12.3 years old of last year.). The average size of the real estate was 95.0 sq.m (a +0.0% decrease compared to the 95.0 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.
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).
Causes of price decreases
- A dramatic increase in average distance from the station (representing 3.0 min in 2019 and 10.0 min in 2020; +233.3%)
Apartment stations market overview
| Kintetsu Suzuka Line | This year(2020) (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 | 252,632 JPYsq.m (13.26301369863013895.0sq.m) | - | 21,667 JPYsq.m (33.27397260273972560.0sq.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.
Breakdown of each segment
Station: Segment: