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, 2017 to Mar, 2017 was 279,279 JPY/sq.m. The market value represents a decrease of 4,714 JPY (-1.7%) compared to 1 year ago and a transition to a slight market. 8 properties exchanged hands (It was the same as last year.).

The average age of the real estate was 16.3 years old (a +4.8% increase compared to the 15.5 years old of last year.). The average size of the real estate was 71.9 sq.m (a -3.4% decrease compared to the 74.4 sq.m of last year.).

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

0 stations have experienced increased prices; 1 stations have experienced decreased prices. The market value decreased in all stations. Kinntetsuyokkaichi station has seen a price decrease of over 5% compared to last year. The most dramatic price increase was at Kinntetsuyokkaichi station, where prices have decreased -10.1% compared to last year; a sq.m unit now costs 290,605 JPY/sq.m.

The top 1 stations has seen prices increase -10.1% (-32,804 JPY/sq.m). On the other hand, The bottom 1 stations has seen prices decrease -10.1% (-32,804 JPY/sq.m).

Causes of price decreases

  • A dramatic increase in transactions involving relatively old buildings under 40 years old (representing 25.0% of total transactions in 2016 and 37.5% of total transactions in 2017)

Apartment stations market overview

The average price of Kinntetsuyokkaichi Apartment, the highest market value along this railway was 290,605 JPY/sq.m. The market value represents a decrease of 32,804 JPY (-10.1%) compared to 1 year ago and a transition to a weak market. 7 properties exchanged hands ( The market value represents an increase of 2 (+40.0%) 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 290,605 JPY/sq.m. The market value represents a decrease of 32,804 JPY (-10.1%) compared to 1 year ago and a transition to a weak market. 7 properties exchanged hands ( The market value represents an increase of 2 (+40.0%) compared to 1 year ago and a transition to a dramatic market.).

Kintetsu Yunoyama Line (Stations Apartment market overview)
Kintetsu Yunoyama LineThis year(2017)
(Avg.Age,Dim.)
1 year ago
(Avg.Age,Dim.)
2 years ago
(Avg.Age,Dim.)
Kinntetsuyokkaichi290,605 JPYsq.m
(14.86731898238747572.9sq.m)
323,409 JPYsq.m
(15.0104109589041172.0sq.m)
273,936 JPYsq.m
(14.0086757990867675.8sq.m)
Nakagawara-218,301 JPYsq.m
(16.34611872146118578.3sq.m)
-
Isematsumoto200,000 JPYsq.m
(26.01917808219178265.0sq.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

Kinntetsuyokkaichi290,605 JPY/sq.m (-10% compared with the previous year)

The average price of Kinntetsuyokkaichi Apartment was 290,605 JPY/sq.m. The market value represents a decrease of 32,804 JPY (-10.1%) compared to 1 year ago and a transition to a weak market. 7 properties exchanged hands ( The market value represents an increase of 2 (+40.0%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 14.9 years old (a -1.0% decrease compared to the 15.0 years old of last year.). The average size of the real estate was 72.9 sq.m (a +1.2% increase compared to the 72.0 sq.m of last year.).

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 28.6% 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)