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 Dec, 2019 was 249,306 JPY/sq.m. The market value represents an increase of 9,353 JPY (+3.9%) compared to 1 year ago and a transition to a some market. 23 properties exchanged hands ( The market value represents an increase of 2 (+9.5%) compared to 1 year ago and a transition to a strong market.).

The average age of the real estate was 23.6 years old (a +17.8% increase compared to the 20.0 years old of last year.). The average size of the real estate was 71.5 sq.m (a -1.2% decrease compared to the 72.4 sq.m of last year.).

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving middle size for a DINKS or an old age households less than 60 sq.m.

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

The top 1 stations has seen prices increase +1.6% (+4,111 JPY/sq.m). On the other hand, The bottom 1 stations has seen prices decrease -21.5% (-42,202 JPY/sq.m).

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 9.6 min in 2018 and 7.3 min in 2019; -23.7%)
  • A dramatic increase in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 9.5% of total transactions in 2018 and 17.4% of total transactions in 2019)

Causes of price decreases

  • An increase in average age of the building (representing 20.0 years old in 2018 and 23.6 years old in 2019; +17.8%)
  • An increase in transactions involving relatively old buildings under 40 years old (representing 45.0% of total transactions in 2018 and 50.0% of total transactions in 2019)

Apartment stations market overview

The average price of Kinntetsuyokkaichi Apartment, the highest market value along this railway was 258,338 JPY/sq.m. The market value represents an increase of 4,111 JPY (+1.6%) compared to 1 year ago and a transition to a slight market. 21 properties exchanged hands ( The market value represents an increase of 4 (+23.5%) compared to 1 year ago and a transition to a dramatic market.).

The average price of Nakagawara Apartment, the lowest market value along this railway was 154,464 JPY/sq.m. The market value represents a decrease of 42,202 JPY (-21.5%) compared to 1 year ago and a transition to a dramatic market. 2 properties exchanged hands ( The market value represents a decrease of 1 (-33.3%) 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.)
Kinntetsuyokkaichi258,338 JPYsq.m
(23.04191780821917571.2sq.m)
254,227 JPYsq.m
(19.4214041095890472.9sq.m)
263,238 JPYsq.m
(18.28268101761252570.9sq.m)
Nakagawara154,464 JPYsq.m
(29.14657534246575275.0sq.m)
196,667 JPYsq.m
(20.93333333333333470.0sq.m)
89,231 JPYsq.m
(28.2712328767123365.0sq.m)
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

Kinntetsuyokkaichi258,338 JPY/sq.m (+2% compared with the previous year)

The average price of Kinntetsuyokkaichi Apartment was 258,338 JPY/sq.m. The market value represents an increase of 4,111 JPY (+1.6%) compared to 1 year ago and a transition to a slight market. 21 properties exchanged hands ( The market value represents an increase of 4 (+23.5%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 23.0 years old (a +18.6% increase compared to the 19.4 years old of last year.). The average size of the real estate was 71.2 sq.m (a -2.4% decrease compared to the 72.9 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 10.4 min in 2018 and 7.5 min in 2019; -27.8%)
  • A dramatic increase in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 5.9% of total transactions in 2018 and 14.3% of total transactions in 2019)

Causes of price decreases

  • An increase in average age of the building (representing 19.4 years old in 2018 and 23.0 years old in 2019; +18.6%)
  • A slight increase in transactions involving relatively old buildings under 40 years old (representing 43.8% of total transactions in 2018 and 45.0% of total transactions in 2019)

Nakagawara154,464 JPY/sq.m (-21% compared with the previous year)

The average price of Nakagawara Apartment was 154,464 JPY/sq.m. The market value represents a decrease of 42,202 JPY (-21.5%) compared to 1 year ago and a transition to a dramatic market. 2 properties exchanged hands ( The market value represents a decrease of 1 (-33.3%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 29.1 years old (a +39.2% increase compared to the 20.9 years old of last year.). The average size of the real estate was 75.0 sq.m (a +7.1% increase compared to the 70.0 sq.m of last year.).

Cause of price increases

  • An decrease in average distance from the station (representing 6.3 min in 2018 and 5.5 min in 2019; -13.2%)
  • A dramatic increase in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 33.3% of total transactions in 2018 and 50.0% of total transactions in 2019)

Causes of price decreases

  • A dramatic increase in average age of the building (representing 20.9 years old in 2018 and 29.1 years old in 2019; +39.2%)
  • A dramatic increase in transactions involving relatively old buildings under 40 years old (representing 33.3% of total transactions in 2018 and 100.0% of total transactions in 2019)

Breakdown of each segment

Station:   Segment:

Utinokati, Outi Research

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Corporate Profile

Company Name Utinokati
Utinokati Real estate media providing price quotes and price trends for condominiums, homes, land and rental properties in 250,000 locations nationwide, along more than 20,000 train lines and stations, as well as rent quotes and rent trends.
Totinokati Real estate media providing public land prices, roadside land prices (inheritance tax assessed values), and property tax assessed values for 10,000 areas and station areas nationwide, based on the Ministry of Land, Infrastructure, Transport and Tourism's public notice of land prices.
Location Kudanminami 1-5-6, Chiyoda-ku, Tokyo, Japan
Foundation November, 2014
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