Kintetsu Yunoyama Line railway market report

Kintetsu Yunoyama Line Apartment market overview

The average price of Kintetsu Yunoyama Line (Kinntetsuyokkaichi to Isematsumoto) Apartment, in Jul, 2016 to Sep, 2016 was 122,453 JPY/sq.m. The market value represents a decrease of 101,869 JPY (-45.4%) compared to 1 year ago and a transition to a dramatic market. 6 properties exchanged hands ( The market value represents a decrease of 7 (-53.8%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 30.1 years old (a +79.1% increase compared to the 16.8 years old of last year.). The average size of the real estate was 66.7 sq.m (a -5.3% decrease compared to the 70.4 sq.m of last year.).

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving locations relatively far from the station less than twenty 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.

The top 1 stations has seen prices increase -51.2% (-128,342 JPY/sq.m). On the other hand, The bottom 1 stations has seen prices decrease -51.2% (-128,342 JPY/sq.m).

Causes of price decreases

  • A dramatic increase in average age of the building (representing 16.8 years old in 2015 and 30.1 years old in 2016; +79.1%)
  • A dramatic increase in average distance from the station (representing 8.0 min in 2015 and 10.7 min in 2016; +33.3%)
  • A dramatic increase in transactions involving relatively old buildings under 40 years old (representing 46.2% of total transactions in 2015 and 80.0% of total transactions in 2016)

Apartment stations market overview

The average price of Kinntetsuyokkaichi Apartment, the highest market value along this railway was 122,453 JPY/sq.m. The market value represents a decrease of 128,342 JPY (-51.2%) compared to 1 year ago and a transition to a dramatic 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 price of Kinntetsuyokkaichi Apartment, the lowest market value along this railway was 122,453 JPY/sq.m. The market value represents a decrease of 128,342 JPY (-51.2%) compared to 1 year ago and a transition to a dramatic 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.).

Kintetsu Yunoyama Line (Stations Apartment market overview)
Kintetsu Yunoyama LineThis year(2016)
(Avg.Age,Dim.)
1 year ago
(Avg.Age,Dim.)
2 years ago
(Avg.Age,Dim.)
Kinntetsuyokkaichi122,453 JPYsq.m
(30.12547945205479466.7sq.m)
250,795 JPYsq.m
(15.17929984779299967.8sq.m)
84,706 JPYsq.m
(25.5205479452054885.0sq.m)
Nakagawara-294,118 JPYsq.m
(8.50958904109589185.0sq.m)
-
Isematsumoto-121,638 JPYsq.m
(24.5205479452054873.3sq.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

Kinntetsuyokkaichi122,453 JPY/sq.m (-51% compared with the previous year)

The average price of Kinntetsuyokkaichi Apartment was 122,453 JPY/sq.m. The market value represents a decrease of 128,342 JPY (-51.2%) compared to 1 year ago and a transition to a dramatic 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 30.1 years old (a +98.5% increase compared to the 15.2 years old of last year.). The average size of the real estate was 66.7 sq.m (a -1.6% decrease compared to the 67.8 sq.m of last year.).

Causes of price decreases

  • A dramatic increase in average age of the building (representing 15.2 years old in 2015 and 30.1 years old in 2016; +98.5%)
  • An increase in average distance from the station (representing 9.1 min in 2015 and 10.7 min in 2016; +17.1%)
  • A dramatic increase in transactions involving relatively old buildings under 40 years old (representing 33.3% of total transactions in 2015 and 80.0% of total transactions in 2016)

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)