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, 2019 to Sep, 2019 was 228,753 JPY/sq.m. The market value represents a decrease of 32,941 JPY (-12.6%) compared to 1 year ago and a transition to a weak market. 6 properties exchanged hands ( The market value represents an increase of 2 (+50.0%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 21.2 years old (a +14.4% increase compared to the 18.5 years old of last year.). The average size of the real estate was 72.5 sq.m (a +1.8% increase compared to the 71.2 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. Kinntetsuyokkaichi station has seen a price decrease of over 20% compared to last year. The most dramatic price increase was at Kinntetsuyokkaichi station, where prices have decreased -4.4% compared to last year; a sq.m unit now costs 250,217 JPY/sq.m.

The top 1 stations has seen prices increase -4.4% (-11,477 JPY/sq.m). On the other hand, The bottom 1 stations has seen prices decrease -4.4% (-11,477 JPY/sq.m).

Causes of price decreases

  • An increase in average age of the building (representing 18.5 years old in 2018 and 21.2 years old in 2019; +14.4%)
  • A dramatic increase in transactions involving relatively old buildings under 40 years old (representing 33.3% of total transactions in 2018 and 66.7% of total transactions in 2019)

Apartment stations market overview

The average price of Kinntetsuyokkaichi Apartment, the highest market value along this railway was 250,217 JPY/sq.m. The market value represents a decrease of 11,477 JPY (-4.4%) compared to 1 year ago and a transition to a some market. 5 properties exchanged hands ( The market value represents an increase of 1 (+25.0%) 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 250,217 JPY/sq.m. The market value represents a decrease of 11,477 JPY (-4.4%) compared to 1 year ago and a transition to a some market. 5 properties exchanged hands ( The market value represents an increase of 1 (+25.0%) compared to 1 year ago and a transition to a dramatic market.).

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.)
Kinntetsuyokkaichi250,217 JPYsq.m
(19.3161643835616473.0sq.m)
261,694 JPYsq.m
(18.5168949771689571.2sq.m)
258,365 JPYsq.m
(18.80234833659491472.9sq.m)
Nakagawara121,429 JPYsq.m
(30.52328767123287570.0sq.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

Kinntetsuyokkaichi250,217 JPY/sq.m (-4% compared with the previous year)

The average price of Kinntetsuyokkaichi Apartment was 250,217 JPY/sq.m. The market value represents a decrease of 11,477 JPY (-4.4%) compared to 1 year ago and a transition to a some market. 5 properties exchanged hands ( The market value represents an increase of 1 (+25.0%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 19.3 years old (a +4.3% increase compared to the 18.5 years old of last year.). The average size of the real estate was 73.0 sq.m (a +2.5% increase compared to the 71.2 sq.m of last year.).

Causes of price decreases

  • A dramatic increase in transactions involving relatively old buildings under 40 years old (representing 33.3% of total transactions in 2018 and 60.0% 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)