Kintetsu Yunoyama Line railway market report

Kintetsu Yunoyama Line Apartment market overview

The average price of Kintetsu Yunoyama Line (Kinntetsuyokkaichi to Isematsumoto) Apartment, in Apr, 2020 to Jun, 2020 was 266,621 JPY/sq.m. The market value represents a decrease of 36,564 JPY (-12.1%) compared to 1 year ago and a transition to a weak 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 21.8 years old (a +3.3% increase compared to the 21.1 years old of last year.). The average size of the real estate was 73.0 sq.m (a -2.7% decrease compared to the 75.0 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 5% compared to last year. The most dramatic price increase was at Kinntetsuyokkaichi station, where prices have decreased -12.1% compared to last year; a sq.m unit now costs 266,621 JPY/sq.m.

The top 1 stations has seen prices increase -12.1% (-36,564 JPY/sq.m). On the other hand, The bottom 1 stations has seen prices decrease -12.1% (-36,564 JPY/sq.m).

Cause of price increases

  • 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 2019 and 20.0% of total transactions in 2020)

Causes of price decreases

  • An increase in average distance from the station (representing 7.2 min in 2019 and 8.6 min in 2020; +20.0%)
  • A dramatic increase in transactions involving relatively old buildings under 40 years old (representing 20.0% of total transactions in 2019 and 50.0% of total transactions in 2020)

Apartment stations market overview

The average price of Kinntetsuyokkaichi Apartment, the highest market value along this railway was 266,621 JPY/sq.m. The market value represents a decrease of 36,564 JPY (-12.1%) compared to 1 year ago and a transition to a weak 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 price of Kinntetsuyokkaichi Apartment, the lowest market value along this railway was 266,621 JPY/sq.m. The market value represents a decrease of 36,564 JPY (-12.1%) compared to 1 year ago and a transition to a weak 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.).

Kintetsu Yunoyama Line (Stations Apartment market overview)
Kintetsu Yunoyama LineThis year(2020)
(Avg.Age,Dim.)
1 year ago
(Avg.Age,Dim.)
2 years ago
(Avg.Age,Dim.)
Kinntetsuyokkaichi266,621 JPYsq.m
(21.76780821917808273.0sq.m)
303,185 JPYsq.m
(21.06520547945205475.0sq.m)
182,028 JPYsq.m
(24.51849315068493268.8sq.m)
Nakagawara--150,000 JPYsq.m
(19.26575342465753660.0sq.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

Kinntetsuyokkaichi266,621 JPY/sq.m (-12% compared with the previous year)

The average price of Kinntetsuyokkaichi Apartment was 266,621 JPY/sq.m. The market value represents a decrease of 36,564 JPY (-12.1%) compared to 1 year ago and a transition to a weak 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 21.8 years old (a +3.3% increase compared to the 21.1 years old of last year.). The average size of the real estate was 73.0 sq.m (a -2.7% decrease compared to the 75.0 sq.m of last year.).

Cause of price increases

  • 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 2019 and 20.0% of total transactions in 2020)

Causes of price decreases

  • An increase in average distance from the station (representing 7.2 min in 2019 and 8.6 min in 2020; +20.0%)
  • A dramatic increase in transactions involving relatively old buildings under 40 years old (representing 20.0% of total transactions in 2019 and 50.0% of total transactions in 2020)

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)