Kintetsu Yamada Line railway market report

Kintetsu Yamada Line Apartment market overview

The average price of Kintetsu Yamada Line (Isenakagawa to Ujiyamada) Apartment, in Jul, 2017 to Sep, 2017 was 245,112 JPY/sq.m. The market value represents an increase of 55,442 JPY (+29.2%) compared to 1 year ago and a transition to a dramatic market. 4 properties exchanged hands ( The market value represents a decrease of 1 (-20.0%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 15.0 years old (a -6.3% decrease compared to the 16.0 years old of last year.). The average size of the real estate was 78.8 sq.m (a +12.5% increase compared to the 70.0 sq.m of last year.).

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving size for a general family households less than 100 sq.m.

1 stations have experienced increased prices; 1 stations have experienced decreased prices. Market value of most stations decreased. Ujiyamada station has seen a price increase of over 20% compared to last year. The most dramatic price increase was at Ujiyamada station, where prices have increased +99.7% compared to last year; a sq.m unit now costs 333,333 JPY/sq.m.

The top 1 stations has seen prices increase +99.7% (+166,421 JPY/sq.m). On the other hand, The bottom 1 stations has seen prices decrease -12.2% (-25,034 JPY/sq.m).

Cause of price increases

  • A dramatic increase in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 20.0% of total transactions in 2016 and 25.0% of total transactions in 2017)

Causes of price decreases

  • An increase in average distance from the station (representing 11.2 min in 2016 and 12.8 min in 2017; +13.8%)

Apartment stations market overview

The average price of Ujiyamada Apartment, the highest market value along this railway was 333,333 JPY/sq.m. The market value represents an increase of 166,421 JPY (+99.7%) compared to 1 year ago and a transition to a dramatic market. 1 properties exchanged hands ( The market value represents a decrease of 1 (-50.0%) compared to 1 year ago and a transition to a dramatic market.).

The average price of Matsusaka Apartment, the lowest market value along this railway was 179,808 JPY/sq.m. The market value represents a decrease of 25,034 JPY (-12.2%) compared to 1 year ago and a transition to a weak market. 2 properties exchanged hands ( The market value represents a decrease of 1 (-33.3%) compared to 1 year ago and a transition to a dramatic market.).

Kintetsu Yamada Line (Stations Apartment market overview)
Kintetsu Yamada LineThis year(2017)
(Avg.Age,Dim.)
1 year ago
(Avg.Age,Dim.)
2 years ago
(Avg.Age,Dim.)
Isenakagawa287,500 JPYsq.m
(8.50958904109589180.0sq.m)
--
Matsugasaki---
Matsusaka179,808 JPYsq.m
(22.51917808219178272.5sq.m)
204,841 JPYsq.m
(17.5168949771689575.0sq.m)
171,978 JPYsq.m
(13.5109589041095967.5sq.m)
Higashimatsusaka---
Iseshi---
Ujiyamada333,333 JPYsq.m
(6.5095890410958990.0sq.m)
166,912 JPYsq.m
(11.51232876712328862.5sq.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.

Noteworthy stations

Ujiyamada333,333 JPY/sq.m (+100% compared with the previous year)

The average price of Ujiyamada Apartment was 333,333 JPY/sq.m. The market value represents an increase of 166,421 JPY (+99.7%) compared to 1 year ago and a transition to a dramatic market. 1 properties exchanged hands ( The market value represents a decrease of 1 (-50.0%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 6.5 years old (a -43.5% decrease compared to the 11.5 years old of last year.). The average size of the real estate was 90.0 sq.m (a +44.0% increase compared to the 62.5 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average age of the building (representing 11.5 years old in 2016 and 6.5 years old in 2017; -43.5%)
  • A dramatic decrease in average distance from the station (representing 8.0 min in 2016 and 4.0 min in 2017; -50.0%)
  • A dramatic increase in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 50.0% of total transactions in 2016 and 100.0% of total transactions in 2017)

Matsusaka179,808 JPY/sq.m (-12% compared with the previous year)

The average price of Matsusaka Apartment was 179,808 JPY/sq.m. The market value represents a decrease of 25,034 JPY (-12.2%) compared to 1 year ago and a transition to a weak market. 2 properties exchanged hands ( The market value represents a decrease of 1 (-33.3%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 22.5 years old (a +28.6% increase compared to the 17.5 years old of last year.). The average size of the real estate was 72.5 sq.m (a -3.3% decrease compared to the 75.0 sq.m of last year.).

Causes of price decreases

  • A dramatic increase in average age of the building (representing 17.5 years old in 2016 and 22.5 years old in 2017; +28.6%)
  • A dramatic increase in average distance from the station (representing 13.3 min in 2016 and 19.5 min in 2017; +46.2%)
  • A dramatic increase in transactions involving relatively old buildings under 40 years old (representing 66.7% of total transactions in 2016 and 100.0% of total transactions in 2017)

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)