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, 2021 to Sep, 2021 was 213,700 JPY/sq.m. The market value represents a decrease of 183,358 JPY (-46.2%) compared to 1 year ago and a transition to a dramatic market. 6 properties exchanged hands ( The market value represents an increase of 3 (+100.0%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 18.5 years old (a +3.7% increase compared to the 17.9 years old of last year.). The average size of the real estate was 78.3 sq.m (a +14.6% increase compared to the 68.3 sq.m of last year.).

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving locations relatively far from the station less than twenty minutes by foot from the station.

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 -45.3% (-179,725 JPY/sq.m). On the other hand, The bottom 1 stations has seen prices decrease -45.3% (-179,725 JPY/sq.m).

Cause of price increases

  • A slight decrease in transactions involving relatively old buildings under 40 years old (representing 33.3% of total transactions in 2020 and 33.3% of total transactions in 2021)

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 7.7 min in 2020 and 10.8 min in 2021; +41.3%)
  • A dramatic decrease in transactions involving recently constructed buildings under 6 years old (representing 33.3% of total transactions in 2020 and 16.7% of total transactions in 2021)

Apartment stations market overview

The average price of Kinntetsuyokkaichi Apartment, the highest market value along this railway was 217,334 JPY/sq.m. The market value represents a decrease of 179,725 JPY (-45.3%) compared to 1 year ago and a transition to a dramatic market. 4 properties exchanged hands ( The market value represents an increase of 1 (+33.3%) 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 217,334 JPY/sq.m. The market value represents a decrease of 179,725 JPY (-45.3%) compared to 1 year ago and a transition to a dramatic market. 4 properties exchanged hands ( The market value represents an increase 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(2021)
(Avg.Age,Dim.)
1 year ago
(Avg.Age,Dim.)
2 years ago
(Avg.Age,Dim.)
Kinntetsuyokkaichi217,334 JPYsq.m
(16.51506849315068676.2sq.m)
397,059 JPYsq.m
(17.8502283105022868.3sq.m)
250,217 JPYsq.m
(19.3161643835616473.0sq.m)
Nakagawara294,118 JPYsq.m
(14.51506849315068485.0sq.m)
-121,429 JPYsq.m
(30.52328767123287570.0sq.m)
Isematsumoto118,750 JPYsq.m
(30.52602739726027580.0sq.m)
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*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

Kinntetsuyokkaichi217,334 JPY/sq.m (-45% compared with the previous year)

The average price of Kinntetsuyokkaichi Apartment was 217,334 JPY/sq.m. The market value represents a decrease of 179,725 JPY (-45.3%) compared to 1 year ago and a transition to a dramatic market. 4 properties exchanged hands ( The market value represents an increase of 1 (+33.3%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 16.5 years old (a -7.5% decrease compared to the 17.9 years old of last year.). The average size of the real estate was 76.2 sq.m (a +11.6% increase compared to the 68.3 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in transactions involving relatively old buildings under 40 years old (representing 33.3% of total transactions in 2020 and 25.0% of total transactions in 2021)

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 7.7 min in 2020 and 13.8 min in 2021; +79.3%)
  • A dramatic decrease in transactions involving recently constructed buildings under 6 years old (representing 33.3% of total transactions in 2020 and 25.0% of total transactions in 2021)

Breakdown of each segment

Station:   Segment:

Utinokati, Outi Research

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