Yoro Railway Line railway market report

Yoro Railway Line Apartment market overview

The average price of Yoro Railway Line (Kuwana to Harima) Apartment, in Jan, 2022 to Mar, 2022 was 238,462 JPY/sq.m. The market value represents a decrease of 50,511 JPY (-17.5%) compared to 1 year ago and a transition to a weak 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 35.5 years old (a +80.5% increase compared to the 19.7 years old of last year.). The average size of the real estate was 65.0 sq.m (a -17.0% decrease compared to the 78.3 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. Kuwana station has seen a price decrease of over 5% compared to last year. The most dramatic price increase was at Kuwana station, where prices have decreased -17.5% compared to last year; a sq.m unit now costs 238,462 JPY/sq.m.

The top 1 stations has seen prices increase -17.5% (-50,511 JPY/sq.m). On the other hand, The bottom 1 stations has seen prices decrease -17.5% (-50,511 JPY/sq.m).

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 15.0 min in 2021 and 10.5 min in 2022; -30.0%)

Causes of price decreases

  • A dramatic increase in average age of the building (representing 19.7 years old in 2021 and 35.5 years old in 2022; +80.5%)
  • A dramatic increase in transactions involving relatively old buildings under 40 years old (representing 33.3% of total transactions in 2021 and 100.0% of total transactions in 2022)

Apartment stations market overview

The average price of Kuwana Apartment, the highest market value along this railway was 238,462 JPY/sq.m. The market value represents a decrease of 50,511 JPY (-17.5%) compared to 1 year ago and a transition to a weak 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 price of Kuwana Apartment, the lowest market value along this railway was 238,462 JPY/sq.m. The market value represents a decrease of 50,511 JPY (-17.5%) compared to 1 year ago and a transition to a weak 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.).

Yoro Railway Line (Stations Apartment market overview)
Yoro Railway LineThis year(2022)
(Avg.Age,Dim.)
1 year ago
(Avg.Age,Dim.)
2 years ago
(Avg.Age,Dim.)
Kuwana238,462 JPYsq.m
(35.5232876712328865.0sq.m)
288,973 JPYsq.m
(19.68127853881278778.3sq.m)
182,751 JPYsq.m
(26.218630136986384.0sq.m)
Harima---

*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

Kuwana238,462 JPY/sq.m (-17% compared with the previous year)

The average price of Kuwana Apartment was 238,462 JPY/sq.m. The market value represents a decrease of 50,511 JPY (-17.5%) compared to 1 year ago and a transition to a weak 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 35.5 years old (a +80.5% increase compared to the 19.7 years old of last year.). The average size of the real estate was 65.0 sq.m (a -17.0% decrease compared to the 78.3 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 15.0 min in 2021 and 10.5 min in 2022; -30.0%)

Causes of price decreases

  • A dramatic increase in average age of the building (representing 19.7 years old in 2021 and 35.5 years old in 2022; +80.5%)
  • A dramatic increase in transactions involving relatively old buildings under 40 years old (representing 33.3% of total transactions in 2021 and 100.0% of total transactions in 2022)

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)

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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
Mission Our mission is to use past real estate transaction data to visualize real estate pricing across Japan and offer that information to users in a convenient fashion.