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, 2017 to Sep, 2017 was 258,365 JPY/sq.m. The market value represents an increase of 135,912 JPY (+111.0%) compared to 1 year ago and a transition to a dramatic market. 7 properties exchanged hands ( The market value represents an increase of 1 (+16.7%) compared to 1 year ago and a transition to a bull market.).

The average age of the real estate was 18.8 years old (a -37.6% decrease compared to the 30.1 years old of last year.). The average size of the real estate was 72.9 sq.m (a +9.3% increase compared to the 66.7 sq.m of last year.).

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving locations less than ten minutes by foot from the station.

1 stations have experienced increased prices; 0 stations have experienced decreased prices. Market value of most stations decreased.

The top 1 stations has seen prices increase +111.0% (+135,912 JPY/sq.m). On the other hand, The bottom 1 stations has seen prices decrease +111.0% (+135,912 JPY/sq.m).

Cause of price increases

  • A dramatic decrease in average age of the building (representing 30.1 years old in 2016 and 18.8 years old in 2017; -37.6%)
  • A dramatic decrease in transactions involving relatively old buildings under 40 years old (representing 80.0% of total transactions in 2016 and 28.6% of total transactions in 2017)

Apartment stations market overview

The average price of Kinntetsuyokkaichi Apartment, the highest market value along this railway was 258,365 JPY/sq.m. The market value represents an increase of 135,912 JPY (+111.0%) compared to 1 year ago and a transition to a dramatic market. 7 properties exchanged hands ( The market value represents an increase of 1 (+16.7%) compared to 1 year ago and a transition to a bull market.).

The average price of Kinntetsuyokkaichi Apartment, the lowest market value along this railway was 258,365 JPY/sq.m. The market value represents an increase of 135,912 JPY (+111.0%) compared to 1 year ago and a transition to a dramatic market. 7 properties exchanged hands ( The market value represents an increase of 1 (+16.7%) compared to 1 year ago and a transition to a bull 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.)
Kinntetsuyokkaichi258,365 JPYsq.m
(18.80234833659491472.9sq.m)
122,453 JPYsq.m
(30.12547945205479466.7sq.m)
250,795 JPYsq.m
(15.17929984779299967.8sq.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

Kinntetsuyokkaichi258,365 JPY/sq.m (+111% compared with the previous year)

The average price of Kinntetsuyokkaichi Apartment was 258,365 JPY/sq.m. The market value represents an increase of 135,912 JPY (+111.0%) compared to 1 year ago and a transition to a dramatic market. 7 properties exchanged hands ( The market value represents an increase of 1 (+16.7%) compared to 1 year ago and a transition to a bull market.).

The average age of the real estate was 18.8 years old (a -37.6% decrease compared to the 30.1 years old of last year.). The average size of the real estate was 72.9 sq.m (a +9.3% increase compared to the 66.7 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average age of the building (representing 30.1 years old in 2016 and 18.8 years old in 2017; -37.6%)
  • A dramatic decrease in transactions involving relatively old buildings under 40 years old (representing 80.0% 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)