Kintetsu Yamada Line railway market report
- Type: Apartment
- Line: Kintetsu Yamada Line
Isenakagawa Ujiyamada [14 stations] - Period: 2020 - 4Q
Oct, 2020 Dec, 2020
Kintetsu Yamada Line Apartment market overview
The average price of Kintetsu Yamada Line (Isenakagawa to Ujiyamada) Apartment, in Oct, 2020 to Dec, 2020 was 168,750 JPY/sq.m. The market value represents a decrease of 45,760 JPY (-21.3%) compared to 1 year ago and a transition to a dramatic market. 2 properties exchanged hands (It was the same as last year.).
The average age of the real estate was 31.8 years old (a +159.2% increase compared to the 12.3 years old of last year.). The average size of the real estate was 60.0 sq.m (a -25.0% decrease compared to the 80.0 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 17.5 min in 2019 and 7.5 min in 2020; -57.1%)
Causes of price decreases
- A dramatic increase in average age of the building (representing 12.3 years old in 2019 and 31.8 years old in 2020; +159.2%)
- A slight decrease 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 2019 and 50.0% of total transactions in 2020)
Apartment stations market overview
| Kintetsu Yamada Line | This year(2020) (Avg.Age,Dim.) | 1 year ago (Avg.Age,Dim.) | 2 years ago (Avg.Age,Dim.) |
|---|---|---|---|
| Isenakagawa | - | 346,667 JPYsq.m (12.76164383561643875.0sq.m) | - |
| Matsugasaki | - | - | - |
| Matsusaka | - | 82,353 JPYsq.m (11.75890410958904185.0sq.m) | 226,667 JPYsq.m (21.76712328767123275.0sq.m) |
| Higashimatsusaka | - | - | - |
| Miyamachi | - | - | - |
| Iseshi | 325,000 JPYsq.m (19.76712328767123280.0sq.m) | - | - |
| Ujiyamada | 12,500 JPYsq.m (43.7835616438356240.0sq.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:
