Sangi Railway Line railway market report

Sangi Railway Line Apartment market overview

The average price of Sangi Railway Line (Kinntetsutomida to Kinntetsutomida) Apartment, in Jan, 2018 to Sep, 2018 was 208,532 JPY/sq.m. The market value represents a decrease of 132,814 JPY (-38.9%) compared to 1 year ago and a transition to a dramatic market. 3 properties exchanged hands ( The market value represents an increase of 1 (+50.0%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 20.8 years old (a +177.7% increase compared to the 7.5 years old of last year.). The average size of the real estate was 75.0 sq.m (a +3.4% increase compared to the 72.5 sq.m of last year.).

One distinguishing feature of recent real-estate transactions was a dramatic decrease in transactions involving new buildings under 10 years old.

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 -38.9% (-132,814 JPY/sq.m). On the other hand, The bottom 1 stations has seen prices decrease -38.9% (-132,814 JPY/sq.m).

Causes of price decreases

  • A dramatic increase in average age of the building (representing 7.5 years old in 2017 and 20.8 years old in 2018; +177.7%)
  • A dramatic increase in average distance from the station (representing 3.0 min in 2017 and 10.0 min in 2018; +233.3%)
  • A dramatic decrease in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 100.0% of total transactions in 2017 and 33.3% of total transactions in 2018)

Apartment stations market overview

The average price of Kinntetsutomida Apartment, the highest market value along this railway was 208,532 JPY/sq.m. The market value represents a decrease of 132,814 JPY (-38.9%) compared to 1 year ago and a transition to a dramatic market. 3 properties exchanged hands ( The market value represents an increase of 1 (+50.0%) 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 208,532 JPY/sq.m. The market value represents a decrease of 132,814 JPY (-38.9%) compared to 1 year ago and a transition to a dramatic market. 3 properties exchanged hands ( The market value represents an increase of 1 (+50.0%) compared to 1 year ago and a transition to a dramatic market.).

Sangi Railway Line (Stations Apartment market overview)
Sangi Railway LineThis year(2018)
(Avg.Age,Dim.)
1 year ago
(Avg.Age,Dim.)
2 years ago
(Avg.Age,Dim.)
Kinntetsutomida208,532 JPYsq.m
(20.84840182648401875.0sq.m)
341,346 JPYsq.m
(7.50821917808219272.5sq.m)
131,428 JPYsq.m
(26.39726027397260270.0sq.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

Kinntetsutomida208,532 JPY/sq.m (-39% compared with the previous year)

The average price of Kinntetsutomida Apartment was 208,532 JPY/sq.m. The market value represents a decrease of 132,814 JPY (-38.9%) compared to 1 year ago and a transition to a dramatic market. 3 properties exchanged hands ( The market value represents an increase of 1 (+50.0%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 20.8 years old (a +177.7% increase compared to the 7.5 years old of last year.). The average size of the real estate was 75.0 sq.m (a +3.4% increase compared to the 72.5 sq.m of last year.).

Causes of price decreases

  • A dramatic increase in average age of the building (representing 7.5 years old in 2017 and 20.8 years old in 2018; +177.7%)
  • A dramatic increase in average distance from the station (representing 3.0 min in 2017 and 10.0 min in 2018; +233.3%)
  • A dramatic decrease in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 100.0% of total transactions in 2017 and 33.3% of total transactions in 2018)

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)