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, 2019 to Mar, 2019 was 186,326 JPY/sq.m. The market value represents a decrease of 87,616 JPY (-32.0%) compared to 1 year ago and a transition to a dramatic market. 5 properties exchanged hands ( The market value represents a decrease of 1 (-16.7%) compared to 1 year ago and a transition to a weak market.).

The average age of the real estate was 28.4 years old (a +57.8% increase compared to the 18.0 years old of last year.). The average size of the real estate was 64.0 sq.m (a -13.7% decrease compared to the 74.2 sq.m of last year.).

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving relatively old buildings under 40 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 -38.6% (-116,975 JPY/sq.m). On the other hand, The bottom 1 stations has seen prices decrease -38.6% (-116,975 JPY/sq.m).

Cause of price increases

  • An decrease in average distance from the station (representing 8.2 min in 2018 and 7.2 min in 2019; -11.8%)
  • A dramatic increase in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 16.7% of total transactions in 2018 and 20.0% of total transactions in 2019)

Causes of price decreases

  • A dramatic increase in average age of the building (representing 18.0 years old in 2018 and 28.4 years old in 2019; +57.8%)
  • A dramatic increase in transactions involving relatively old buildings under 40 years old (representing 33.3% of total transactions in 2018 and 80.0% of total transactions in 2019)

Apartment stations market overview

The average price of Kinntetsuyokkaichi Apartment, the highest market value along this railway was 186,326 JPY/sq.m. The market value represents a decrease of 116,975 JPY (-38.6%) compared to 1 year ago and a transition to a dramatic market. 5 properties exchanged hands (It was the same as last year.).

The average price of Kinntetsuyokkaichi Apartment, the lowest market value along this railway was 186,326 JPY/sq.m. The market value represents a decrease of 116,975 JPY (-38.6%) compared to 1 year ago and a transition to a dramatic market. 5 properties exchanged hands (It was the same as last year.).

Kintetsu Yunoyama Line (Stations Apartment market overview)
Kintetsu Yunoyama LineThis year(2019)
(Avg.Age,Dim.)
1 year ago
(Avg.Age,Dim.)
2 years ago
(Avg.Age,Dim.)
Kinntetsuyokkaichi186,326 JPYsq.m
(28.41808219178082264.0sq.m)
303,301 JPYsq.m
(16.2109589041095975.0sq.m)
290,605 JPYsq.m
(14.86731898238747572.9sq.m)
Nakagawara---
Isematsumoto-127,143 JPYsq.m
(27.01917808219178270.0sq.m)
200,000 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

Kinntetsuyokkaichi186,326 JPY/sq.m (-39% compared with the previous year)

The average price of Kinntetsuyokkaichi Apartment was 186,326 JPY/sq.m. The market value represents a decrease of 116,975 JPY (-38.6%) compared to 1 year ago and a transition to a dramatic market. 5 properties exchanged hands (It was the same as last year.).

The average age of the real estate was 28.4 years old (a +75.3% increase compared to the 16.2 years old of last year.). The average size of the real estate was 64.0 sq.m (a -14.7% decrease compared to the 75.0 sq.m of last year.).

Cause of price increases

  • An decrease in average distance from the station (representing 8.6 min in 2018 and 7.2 min in 2019; -16.3%)

Causes of price decreases

  • A dramatic increase in average age of the building (representing 16.2 years old in 2018 and 28.4 years old in 2019; +75.3%)
  • A dramatic increase in transactions involving relatively old buildings under 40 years old (representing 20.0% of total transactions in 2018 and 80.0% of total transactions in 2019)

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)