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, 2018 to Dec, 2018 was 239,952 JPY/sq.m. The market value represents a decrease of 15,378 JPY (-6.0%) compared to 1 year ago and a transition to a bear market. 21 properties exchanged hands ( The market value represents a decrease of 9 (-30.0%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 20.0 years old (a +6.1% increase compared to the 18.9 years old of last year.). The average size of the real estate was 72.4 sq.m (a +2.7% increase compared to the 70.5 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.

1 stations have experienced increased prices; 2 stations have experienced decreased prices. Market value of most stations decreased. Kinntetsuyokkaichi station has seen a price decrease of over 20% compared to last year. The most dramatic price increase was at Isematsumoto station, where prices have decreased -36.4% compared to last year; a sq.m unit now costs 127,143 JPY/sq.m.

The top 1 stations has seen prices increase +120.4% (+107,436 JPY/sq.m). On the other hand, The bottom 1 stations has seen prices decrease -36.4% (-72,857 JPY/sq.m).

Causes of price decreases

  • A dramatic decrease in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 13.3% of total transactions in 2017 and 9.5% of total transactions in 2018)

Apartment stations market overview

The average price of Kinntetsuyokkaichi Apartment, the highest market value along this railway was 254,227 JPY/sq.m. The market value represents a decrease of 9,012 JPY (-3.4%) compared to 1 year ago and a transition to a some market. 17 properties exchanged hands ( The market value represents a decrease of 11 (-39.3%) 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 127,143 JPY/sq.m. The market value represents a decrease of 72,857 JPY (-36.4%) 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(2018)
(Avg.Age,Dim.)
1 year ago
(Avg.Age,Dim.)
2 years ago
(Avg.Age,Dim.)
Kinntetsuyokkaichi254,227 JPYsq.m
(19.4214041095890472.9sq.m)
263,238 JPYsq.m
(18.28268101761252570.9sq.m)
235,540 JPYsq.m
(18.51575342465753670.5sq.m)
Nakagawara196,667 JPYsq.m
(20.93333333333333470.0sq.m)
89,231 JPYsq.m
(28.2712328767123365.0sq.m)
229,961 JPYsq.m
(15.21315068493150879.0sq.m)
Isematsumoto127,143 JPYsq.m
(27.01917808219178270.0sq.m)
200,000 JPYsq.m
(26.01917808219178265.0sq.m)
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

Nakagawara196,667 JPY/sq.m (+120% compared with the previous year)

The average price of Nakagawara Apartment was 196,667 JPY/sq.m. The market value represents an increase of 107,436 JPY (+120.4%) compared to 1 year ago and a transition to a dramatic market. 3 properties exchanged hands ( The market value represents an increase of 2 (+200.0%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 20.9 years old (a -26.0% decrease compared to the 28.3 years old of last year.). The average size of the real estate was 70.0 sq.m (a +7.7% increase compared to the 65.0 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average age of the building (representing 28.3 years old in 2017 and 20.9 years old in 2018; -26.0%)
  • A dramatic decrease in transactions involving relatively old buildings under 40 years old (representing 100.0% of total transactions in 2017 and 33.3% of total transactions in 2018)

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 1.0 min in 2017 and 6.3 min in 2018; +533.3%)

Isematsumoto127,143 JPY/sq.m (-36% compared with the previous year)

The average price of Isematsumoto Apartment was 127,143 JPY/sq.m. The market value represents a decrease of 72,857 JPY (-36.4%) 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 27.0 years old (a +3.8% increase compared to the 26.0 years old of last year.). The average size of the real estate was 70.0 sq.m (a +7.7% increase compared to the 65.0 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 2017 and 100.0% of total transactions in 2018)

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 5.0 min in 2017 and 6.0 min in 2018; +20.0%)

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)