Sangi Railway Line railway market report

Sangi Railway Line Apartment market overview

The average price of Sangi Railway Line (Kinntetsutomida to Kinntetsutomida) Apartment, in Apr, 2016 to Sep, 2016 was 131,428 JPY/sq.m. The market value represents a decrease of 137,803 JPY (-51.2%) compared to 1 year ago and a transition to a dramatic market. 2 properties exchanged hands ( The market value represents a decrease of 3 (-60.0%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 26.4 years old (a +203.2% increase compared to the 8.7 years old of last year.). The average size of the real estate was 70.0 sq.m (a -15.7% decrease compared to the 83.0 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 -51.2% (-137,803 JPY/sq.m). On the other hand, The bottom 1 stations has seen prices decrease -51.2% (-137,803 JPY/sq.m).

Causes of price decreases

  • A dramatic increase in average age of the building (representing 8.7 years old in 2015 and 26.4 years old in 2016; +203.2%)
  • A dramatic increase in average distance from the station (representing 6.4 min in 2015 and 13.0 min in 2016; +103.1%)

Apartment stations market overview

The average price of Kinntetsutomida Apartment, the highest market value along this railway was 131,428 JPY/sq.m. The market value represents a decrease of 137,803 JPY (-51.2%) compared to 1 year ago and a transition to a dramatic market. 2 properties exchanged hands ( The market value represents a decrease of 3 (-60.0%) compared to 1 year ago and a transition to a dramatic market.).

The average price of Kinntetsutomida Apartment, the lowest market value along this railway was 131,428 JPY/sq.m. The market value represents a decrease of 137,803 JPY (-51.2%) compared to 1 year ago and a transition to a dramatic market. 2 properties exchanged hands ( The market value represents a decrease of 3 (-60.0%) compared to 1 year ago and a transition to a dramatic market.).

Sangi Railway Line (Stations Apartment market overview)
Sangi Railway LineThis year(2016)
(Avg.Age,Dim.)
1 year ago
(Avg.Age,Dim.)
2 years ago
(Avg.Age,Dim.)
Kinntetsutomida131,428 JPYsq.m
(26.39726027397260270.0sq.m)
269,232 JPYsq.m
(8.70630136986301583.0sq.m)
271,250 JPYsq.m
(24.39452054794520680.0sq.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

Kinntetsutomida131,428 JPY/sq.m (-51% compared with the previous year)

The average price of Kinntetsutomida Apartment was 131,428 JPY/sq.m. The market value represents a decrease of 137,803 JPY (-51.2%) compared to 1 year ago and a transition to a dramatic market. 2 properties exchanged hands ( The market value represents a decrease of 3 (-60.0%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 26.4 years old (a +203.2% increase compared to the 8.7 years old of last year.). The average size of the real estate was 70.0 sq.m (a -15.7% decrease compared to the 83.0 sq.m of last year.).

Causes of price decreases

  • A dramatic increase in average age of the building (representing 8.7 years old in 2015 and 26.4 years old in 2016; +203.2%)
  • A dramatic increase in average distance from the station (representing 6.4 min in 2015 and 13.0 min in 2016; +103.1%)

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)