JR Ishimaki Line Apartment market overview

The average price of a sq.m Apartment of JR Ishimaki Line (Ishinomaki to Ishinomaki), in Apr, 2013 to Jun, 2013 was 133,333 JPY/sq.m. The market value represents a decrease of 97,436 JPY (-42.2%) 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 19.3 years old (a +35.1% increase compared to the 14.3 years old of last year.). The average size of the real estate was 60.0 sq.m (a -7.7% decrease compared to the 65.0 sq.m of last year.).

One distinguishing feature of recent real-estate transactions was a slight decrease in transactions involving relatively new buildings under 20 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 -42.2% (-97,436 JPY/sq.m). On the other hand, The bottom 1 stations has seen prices decrease -42.2% (-97,436 JPY/sq.m).


Cause of price increases

  • A dramatic decrease in average distance from the station (representing 8.0 min in 2012 and 6.0 min in 2013; -25.0%)

Causes of price decreases

  • A dramatic increase in average age of the building (representing 14.3 years old in 2012 and 19.3 years old in 2013; +35.1%)

Breakdown of each segment

The table below shows Apartment dealt in JR Ishimaki Line, in age, distance from station, and area segments. For example, we can see market trends, such as which transactions have increased more in recent years, those for newer properties, or older ones.

Segment:

Top

Apartment stations market overview

The average price of a sq.m Apartment of Ishinomaki, the highest market value along this railway was 133,333 JPY/sq.m. The market value represents a decrease of 97,436 JPY (-42.2%) 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 a sq.m Apartment of Ishinomaki, the lowest market value along this railway was 133,333 JPY/sq.m. The market value represents a decrease of 97,436 JPY (-42.2%) compared to 1 year ago and a transition to a dramatic market. 1 properties exchanged hands (It was the same as last year.).

JR Ishimaki Line (Stations Apartment market overview)
JR Ishimaki LineThis year(2013)1 year ago2 years ago
Ishinomaki133,333 JPY (19.3Y/60.0sq.m)230,769 JPY (14.3Y/65.0sq.m)112,649 JPY (18.3Y/64.0sq.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.
Top

Noteworthy stations

Ishinomaki133,333 JPY/sq.m (-42% compared with the previous year)

The average price of a sq.m Apartment of Ishinomaki was 133,333 JPY/sq.m. The market value represents a decrease of 97,436 JPY (-42.2%) 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 19.3 years old (a +35.1% increase compared to the 14.3 years old of last year.). The average size of the real estate was 60.0 sq.m (a -7.7% decrease compared to the 65.0 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 8.0 min in 2012 and 6.0 min in 2013; -25.0%)

Causes of price decreases

  • A dramatic increase in average age of the building (representing 14.3 years old in 2012 and 19.3 years old in 2013; +35.1%)

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)