Kintetsu Suzuka Line railway market report
Kintetsu Suzuka Line Apartment market overview
The average price of Kintetsu Suzuka Line (Isewakamatsu to Hiratachou) Apartment, in Oct, 2021 to Dec, 2021 was 184,792 JPY/sq.m. The market value represents a decrease of 62,828 JPY (-25.4%) compared to 1 year ago and a transition to a dramatic market. 2 properties exchanged hands ( The market value represents an increase of 1 (+100.0%) compared to 1 year ago and a transition to a dramatic market.).
The average age of the real estate was 23.3 years old (a +47.6% increase compared to the 15.8 years old of last year.). The average size of the real estate was 77.5 sq.m (a -26.2% decrease compared to the 105.0 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; 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 distance from the station (representing 10.0 min in 2020 and 4.5 min in 2021; -55.0%)
Causes of price decreases
- A dramatic increase in average age of the building (representing 15.8 years old in 2020 and 23.3 years old in 2021; +47.6%)
Apartment stations market overview
|Kintetsu Suzuka Line||This year(2021)|
|1 year ago|
|2 years ago|
*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