Kintetsu Yunoyama Line railway market report

Kintetsu Yunoyama Line Apartment market overview

The average price of Kintetsu Yunoyama Line (Kinntetsuyokkaichi to Isematsumoto) Apartment, in Oct, 2018 to Dec, 2018 was 245,077 JPY/sq.m. The market value represents a decrease of 48,183 JPY (-16.4%) compared to 1 year ago and a transition to a weak 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 19.9 years old (a +23.0% increase compared to the 16.2 years old of last year.). The average size of the real estate was 75.8 sq.m (a +5.8% increase compared to the 71.7 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.

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 -12.2% compared to last year; a sq.m unit now costs 257,616 JPY/sq.m.

The top 1 stations has seen prices increase -12.2% (-35,645 JPY/sq.m). On the other hand, The bottom 1 stations has seen prices decrease -12.2% (-35,645 JPY/sq.m).

Causes of price decreases

  • A dramatic increase in average age of the building (representing 16.2 years old in 2017 and 19.9 years old in 2018; +23.0%)
  • An increase in average distance from the station (representing 9.6 min in 2017 and 10.8 min in 2018; +13.4%)
  • An increase in transactions involving relatively old buildings under 40 years old (representing 44.4% of total transactions in 2017 and 50.0% of total transactions in 2018)

Apartment stations market overview

The average price of Kinntetsuyokkaichi Apartment, the highest market value along this railway was 257,616 JPY/sq.m. The market value represents a decrease of 35,645 JPY (-12.2%) compared to 1 year ago and a transition to a weak market. 4 properties exchanged hands ( The market value represents a decrease of 5 (-55.6%) 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 257,616 JPY/sq.m. The market value represents a decrease of 35,645 JPY (-12.2%) compared to 1 year ago and a transition to a weak market. 4 properties exchanged hands ( The market value represents a decrease of 5 (-55.6%) compared to 1 year ago and a transition to a dramatic market.).

Kintetsu Yunoyama Line (Stations Apartment market overview)
Kintetsu Yunoyama LineThis year(2018)
(Avg.Age,Dim.)
1 year ago
(Avg.Age,Dim.)
2 years ago
(Avg.Age,Dim.)
Kinntetsuyokkaichi257,616 JPYsq.m
(19.01575342465753676.2sq.m)
293,260 JPYsq.m
(16.20882800608828271.7sq.m)
259,459 JPYsq.m
(14.46356164383561672.0sq.m)
Nakagawara220,000 JPYsq.m
(21.76712328767123275.0sq.m)
-188,235 JPYsq.m
(17.76712328767123285.0sq.m)
Isematsumoto--100,000 JPYsq.m
(25.7726027397260380.0sq.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

Kinntetsuyokkaichi257,616 JPY/sq.m (-12% compared with the previous year)

The average price of Kinntetsuyokkaichi Apartment was 257,616 JPY/sq.m. The market value represents a decrease of 35,645 JPY (-12.2%) compared to 1 year ago and a transition to a weak market. 4 properties exchanged hands ( The market value represents a decrease of 5 (-55.6%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 19.0 years old (a +17.3% increase compared to the 16.2 years old of last year.). The average size of the real estate was 76.2 sq.m (a +6.4% increase compared to the 71.7 sq.m of last year.).

Causes of price decreases

  • An increase in average age of the building (representing 16.2 years old in 2017 and 19.0 years old in 2018; +17.3%)
  • A dramatic increase in average distance from the station (representing 9.6 min in 2017 and 12.8 min in 2018; +33.4%)
  • An increase in transactions involving relatively old buildings under 40 years old (representing 44.4% of total transactions in 2017 and 50.0% of total transactions in 2018)

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)