Kintetsu Yunoyama Line railway market report

Kintetsu Yunoyama Line Apartment market overview

The average price of Kintetsu Yunoyama Line (Kinntetsuyokkaichi to Isematsumoto) Apartment, in Apr, 2017 to Jun, 2017 was 162,962 JPY/sq.m. The market value represents a decrease of 143,704 JPY (-46.9%) compared to 1 year ago and a transition to a dramatic market. 6 properties exchanged hands ( The market value represents an increase of 5 (+500.0%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 26.4 years old (a +185.5% increase compared to the 9.3 years old of last year.). The average size of the real estate was 64.2 sq.m (a -14.4% decrease compared to the 75.0 sq.m of last year.).

One distinguishing feature of recent real-estate transactions was a dramatic decrease in transactions involving new buildings under 10 years old.

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 -70.9% (-217,436 JPY/sq.m). On the other hand, The bottom 1 stations has seen prices decrease -70.9% (-217,436 JPY/sq.m).

Causes of price decreases

  • A dramatic increase in average age of the building (representing 9.3 years old in 2016 and 26.4 years old in 2017; +185.5%)
  • A dramatic increase in average distance from the station (representing 4.0 min in 2016 and 8.8 min in 2017; +120.8%)
  • A dramatic decrease in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 100.0% of total transactions in 2016 and 16.7% of total transactions in 2017)

Apartment stations market overview

The average price of Nakagawara Apartment, the highest market value along this railway was 89,231 JPY/sq.m. The market value represents a decrease of 217,436 JPY (-70.9%) compared to 1 year ago and a transition to a dramatic market. 1 properties exchanged hands (It was the same as last year.).

The average price of Nakagawara Apartment, the lowest market value along this railway was 89,231 JPY/sq.m. The market value represents a decrease of 217,436 JPY (-70.9%) compared to 1 year ago and a transition to a dramatic market. 1 properties exchanged hands (It was the same as last year.).

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.)
Kinntetsuyokkaichi177,709 JPYsq.m
(26.06958904109588864.0sq.m)
-230,846 JPYsq.m
(16.9287671232876774.5sq.m)
Nakagawara89,231 JPYsq.m
(28.2712328767123365.0sq.m)
306,667 JPYsq.m
(9.2602739726027475.0sq.m)
200,490 JPYsq.m
(12.92694063926940683.3sq.m)
Isematsumoto---

*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

Nakagawara89,231 JPY/sq.m (-71% compared with the previous year)

The average price of Nakagawara Apartment was 89,231 JPY/sq.m. The market value represents a decrease of 217,436 JPY (-70.9%) compared to 1 year ago and a transition to a dramatic market. 1 properties exchanged hands (It was the same as last year.).

The average age of the real estate was 28.3 years old (a +205.3% increase compared to the 9.3 years old of last year.). The average size of the real estate was 65.0 sq.m (a -13.3% decrease compared to the 75.0 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 4.0 min in 2016 and 1.0 min in 2017; -75.0%)

Causes of price decreases

  • A dramatic increase in average age of the building (representing 9.3 years old in 2016 and 28.3 years old in 2017; +205.3%)

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)