Kintetsu Yunoyama Line railway market report

Kintetsu Yunoyama Line Apartment market overview

The average price of Kintetsu Yunoyama Line (Kinntetsuyokkaichi to Isematsumoto) Apartment, in Jan, 2016 to Dec, 2016 was 229,487 JPY/sq.m. The market value represents an increase of 6,551 JPY (+2.9%) compared to 1 year ago and a transition to a slight market. 27 properties exchanged hands ( The market value represents a decrease of 16 (-37.2%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 18.2 years old (a +8.9% increase compared to the 16.7 years old of last year.). The average size of the real estate was 72.4 sq.m (a -1.3% decrease compared to the 73.4 sq.m of last year.).

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving relatively new buildings under 20 years old.

2 stations have experienced increased prices; 1 stations have experienced decreased prices. The overall trend was toward increased prices. Isematsumoto station has seen a price decrease of over 5% compared to last year. The most dramatic price increase was at Isematsumoto station, where prices have decreased -17.3% compared to last year; a sq.m unit now costs 100,000 JPY/sq.m.

The top 1 stations has seen prices increase +2.7% (+6,064 JPY/sq.m). On the other hand, The bottom 1 stations has seen prices decrease -17.3% (-20,916 JPY/sq.m).

Cause of price increases

  • A some decrease in transactions involving relatively old buildings under 40 years old (representing 35.7% of total transactions in 2015 and 34.6% of total transactions in 2016)

Causes of price decreases

  • A slight decrease in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 18.6% of total transactions in 2015 and 18.5% of total transactions in 2016)

Apartment stations market overview

The average price of Kinntetsuyokkaichi Apartment, the highest market value along this railway was 235,540 JPY/sq.m. The market value represents an increase of 1,054 JPY (+0.4%) compared to 1 year ago and a transition to a slight market. 21 properties exchanged hands ( The market value represents a decrease of 14 (-40.0%) compared to 1 year ago and a transition to a dramatic market.).

The average price of Isematsumoto Apartment, the lowest market value along this railway was 100,000 JPY/sq.m. The market value represents a decrease of 20,916 JPY (-17.3%) compared to 1 year ago and a transition to a weak market. 1 properties exchanged hands ( The market value represents a decrease of 3 (-75.0%) 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.)
Kinntetsuyokkaichi235,540 JPYsq.m
(18.51575342465753670.5sq.m)
234,486 JPYsq.m
(16.31361804995970772.0sq.m)
250,699 JPYsq.m
(15.32397260273972675.3sq.m)
Nakagawara229,961 JPYsq.m
(15.21315068493150879.0sq.m)
223,897 JPYsq.m
(11.82260273972602883.8sq.m)
155,482 JPYsq.m
(17.84657534246575570.0sq.m)
Isematsumoto100,000 JPYsq.m
(25.7726027397260380.0sq.m)
120,916 JPYsq.m
(24.58287671232876575.0sq.m)
118,750 JPYsq.m
(23.7698630136986380.0sq.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.

Noteworthy stations

Nakagawara229,961 JPY/sq.m (+3% compared with the previous year)

The average price of Nakagawara Apartment was 229,961 JPY/sq.m. The market value represents an increase of 6,064 JPY (+2.7%) compared to 1 year ago and a transition to a slight market. 5 properties exchanged hands ( The market value represents an increase of 1 (+25.0%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 15.2 years old (a +28.7% increase compared to the 11.8 years old of last year.). The average size of the real estate was 79.0 sq.m (a -5.7% decrease compared to the 83.8 sq.m of last year.).

Cause of price increases

  • A some increase in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 75.0% of total transactions in 2015 and 80.0% of total transactions in 2016)

Causes of price decreases

  • A dramatic increase in average age of the building (representing 11.8 years old in 2015 and 15.2 years old in 2016; +28.7%)

Isematsumoto100,000 JPY/sq.m (-17% compared with the previous year)

The average price of Isematsumoto Apartment was 100,000 JPY/sq.m. The market value represents a decrease of 20,916 JPY (-17.3%) compared to 1 year ago and a transition to a weak market. 1 properties exchanged hands ( The market value represents a decrease of 3 (-75.0%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 25.8 years old (a +4.8% increase compared to the 24.6 years old of last year.). The average size of the real estate was 80.0 sq.m (a +6.7% increase compared to the 75.0 sq.m of last year.).

Cause of price increases

  • A slight decrease in transactions involving relatively old buildings under 40 years old (representing 100.0% of total transactions in 2015 and 100.0% 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)