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, 2017 to Jun, 2017 was 375,000 JPY/sq.m. The market value represents an increase of 297,857 JPY (+386.1%) compared to 1 year ago and a transition to a dramatic market. 1 properties exchanged hands (It was the same as last year.).

The average age of the real estate was 7.3 years old (a -72.4% decrease compared to the 26.3 years old of last year.). The average size of the real estate was 80.0 sq.m (a +14.3% increase compared to the 70.0 sq.m of last year.).

One distinguishing feature of recent real-estate transactions was a slight decrease in transactions involving size for a general family households less than 100 sq.m.

1 stations have experienced increased prices; 0 stations have experienced decreased prices. The market value increased in all stations.

The top 1 stations has seen prices increase +386.1% (+297,857 JPY/sq.m). On the other hand, The bottom 1 stations has seen prices decrease +386.1% (+297,857 JPY/sq.m).

Cause of price increases

  • A dramatic decrease in average age of the building (representing 26.3 years old in 2016 and 7.3 years old in 2017; -72.4%)
  • A dramatic decrease in average distance from the station (representing 13.0 min in 2016 and 3.0 min in 2017; -76.9%)

Apartment stations market overview

The average price of Kinntetsutomida Apartment, the highest market value along this railway was 375,000 JPY/sq.m. The market value represents an increase of 297,857 JPY (+386.1%) compared to 1 year ago and a transition to a dramatic market. 1 properties exchanged hands (It was the same as last year.).

The average price of Kinntetsutomida Apartment, the lowest market value along this railway was 375,000 JPY/sq.m. The market value represents an increase of 297,857 JPY (+386.1%) compared to 1 year ago and a transition to a dramatic market. 1 properties exchanged hands (It was the same as last year.).

Sangi Railway Line (Stations Apartment market overview)
Sangi Railway LineThis year(2017)
(Avg.Age,Dim.)
1 year ago
(Avg.Age,Dim.)
2 years ago
(Avg.Age,Dim.)
Kinntetsutomida375,000 JPYsq.m
(7.25753424657534280.0sq.m)
77,143 JPYsq.m
(26.2712328767123370.0sq.m)
271,825 JPYsq.m
(9.2566210045662175.0sq.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

Kinntetsutomida375,000 JPY/sq.m (+386% compared with the previous year)

The average price of Kinntetsutomida Apartment was 375,000 JPY/sq.m. The market value represents an increase of 297,857 JPY (+386.1%) compared to 1 year ago and a transition to a dramatic market. 1 properties exchanged hands (It was the same as last year.).

The average age of the real estate was 7.3 years old (a -72.4% decrease compared to the 26.3 years old of last year.). The average size of the real estate was 80.0 sq.m (a +14.3% increase compared to the 70.0 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average age of the building (representing 26.3 years old in 2016 and 7.3 years old in 2017; -72.4%)
  • A dramatic decrease in average distance from the station (representing 13.0 min in 2016 and 3.0 min in 2017; -76.9%)

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)