Kintetsu Yamada Line railway market report
- Type: Apartment
- Line: Kintetsu Yamada Line
Isenakagawa Ujiyamada [14 stations] - Period: 2020 - 1Q
Jan, 2020 Mar, 2020
Kintetsu Yamada Line Apartment market overview
The average price of Kintetsu Yamada Line (Isenakagawa to Ujiyamada) Apartment, in Jan, 2020 to Mar, 2020 was 203,488 JPY/sq.m. The market value represents a decrease of 18,587 JPY (-8.4%) compared to 1 year ago and a transition to a bear market. 6 properties exchanged hands ( The market value represents a decrease of 3 (-33.3%) compared to 1 year ago and a transition to a dramatic market.).
The average age of the real estate was 16.0 years old (a +2.9% increase compared to the 15.6 years old of last year.). The average size of the real estate was 67.5 sq.m (a -16.2% decrease compared to the 80.6 sq.m of last year.).
One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving locations less than ten minutes by foot from the station.
0 stations have experienced increased prices; 1 stations have experienced decreased prices. The market value decreased in all stations. Matsusaka station has seen a price decrease of over 20% compared to last year. The most dramatic price increase was at Matsusaka station, where prices have decreased -4.2% compared to last year; a sq.m unit now costs 203,488 JPY/sq.m.
The top 1 stations has seen prices increase -4.2% (-8,914 JPY/sq.m). On the other hand, The bottom 1 stations has seen prices decrease -4.2% (-8,914 JPY/sq.m).
Cause of price increases
- A dramatic decrease in average distance from the station (representing 19.4 min in 2019 and 7.0 min in 2020; -64.0%)
Causes of price decreases
- A dramatic increase in transactions involving relatively old buildings under 40 years old (representing 11.1% of total transactions in 2019 and 25.0% of total transactions in 2020)
Apartment stations market overview
The average price of Matsusaka Apartment, the highest market value along this railway was 203,488 JPY/sq.m. The market value represents a decrease of 8,914 JPY (-4.2%) compared to 1 year ago and a transition to a some market. 6 properties exchanged hands (It was the same as last year.).
The average price of Matsusaka Apartment, the lowest market value along this railway was 203,488 JPY/sq.m. The market value represents a decrease of 8,914 JPY (-4.2%) compared to 1 year ago and a transition to a some market. 6 properties exchanged hands (It was the same as last year.).
| Kintetsu Yamada Line | This year(2020) (Avg.Age,Dim.) | 1 year ago (Avg.Age,Dim.) | 2 years ago (Avg.Age,Dim.) |
|---|---|---|---|
| Isenakagawa | - | - | - |
| Matsugasaki | - | - | - |
| Matsusaka | 203,488 JPYsq.m (16.0116438356164467.5sq.m) | 212,401 JPYsq.m (16.34383561643835580.8sq.m) | 268,750 JPYsq.m (7.00547945205479580.0sq.m) |
| Higashimatsusaka | - | - | - |
| Iseshi | - | 241,420 JPYsq.m (14.00821917808219180.0sq.m) | - |
| Ujiyamada | - | - | - |
*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
Matsusaka 203,488 JPY/sq.m (-4% compared with the previous year)
The average price of Matsusaka Apartment was 203,488 JPY/sq.m. The market value represents a decrease of 8,914 JPY (-4.2%) compared to 1 year ago and a transition to a some market. 6 properties exchanged hands (It was the same as last year.).
The average age of the real estate was 16.0 years old (a -2.0% decrease compared to the 16.3 years old of last year.). The average size of the real estate was 67.5 sq.m (a -16.5% decrease compared to the 80.8 sq.m of last year.).
Cause of price increases
- A dramatic decrease in average distance from the station (representing 23.0 min in 2019 and 7.0 min in 2020; -69.6%)
Causes of price decreases
- A dramatic increase in transactions involving relatively old buildings under 40 years old (representing 16.7% of total transactions in 2019 and 25.0% of total transactions in 2020)
Breakdown of each segment
Station: Segment: