Hokuriku Railroad Asanogawa Line Home market overview

The average price of a sq.m Home of Hokuriku Railroad Asanogawa Line (Awagasaki to Uchinada), in Jul, 2013 to Sep, 2013 was 110,051 JPY/sq.m. The market value represents a decrease of 12,658 JPY (-10.3%) compared to 1 year ago and a transition to a weak market. 5 properties exchanged hands ( The market value represents a decrease of 6 (-54.5%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 28.3 years old (a +66.9% increase compared to the 17.0 years old of last year.). The average size of the real estate was 528.0 sq.m (a +192.6% increase compared to the 180.5 sq.m of last year.). The average total floor space of the real estate was 163.0 sq.m (a +44.6% increase compared to the 112.7 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. Uchinada station has seen a price decrease of over 5% compared to last year. The most dramatic price increase was at Uchinada station, where prices have decreased -10.3% compared to last year; a sq.m unit now costs 110,051 JPY/sq.m.

The top 1 stations has seen prices increase -10.3% (-12,658 JPY/sq.m). On the other hand, The bottom 1 stations has seen prices decrease -10.3% (-12,658 JPY/sq.m).


Cause of price increases

  • A dramatic decrease in average distance from the station (representing 21.0 min in 2012 and 15.4 min in 2013; -26.7%)

Causes of price decreases

  • A dramatic increase in average age of the building (representing 17.0 years old in 2012 and 28.3 years old in 2013; +66.9%)
  • A dramatic increase in transactions involving relatively old buildings under 40 years old (representing 36.4% of total transactions in 2012 and 60.0% of total transactions in 2013)

Breakdown of each segment

The table below shows Home dealt in Hokuriku Railroad Asanogawa 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

Home stations market overview

The average price of a sq.m Home of Uchinada, the highest market value along this railway was 110,051 JPY/sq.m. The market value represents a decrease of 12,658 JPY (-10.3%) compared to 1 year ago and a transition to a weak market. 5 properties exchanged hands ( The market value represents a decrease of 6 (-54.5%) compared to 1 year ago and a transition to a dramatic market.).

The average price of a sq.m Home of Uchinada, the lowest market value along this railway was 110,051 JPY/sq.m. The market value represents a decrease of 12,658 JPY (-10.3%) compared to 1 year ago and a transition to a weak market. 5 properties exchanged hands ( The market value represents a decrease of 6 (-54.5%) compared to 1 year ago and a transition to a dramatic market.).

Hokuriku Railroad Asanogawa Line (Stations Home market overview)
Hokuriku Railroad Asanogawa LineThis year(2013)1 year ago2 years ago
Awagasaki---
Uchinada110,051 JPY (28.3Y/528.0sq.m)122,710 JPY (17.0Y/180.5sq.m)52,533 JPY (28.2Y/241.7sq.m)
*Average unit prices per sq.m of Home 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

Uchinada110,051 JPY/sq.m (-10% compared with the previous year)

The average price of a sq.m Home of Uchinada was 110,051 JPY/sq.m. The market value represents a decrease of 12,658 JPY (-10.3%) compared to 1 year ago and a transition to a weak market. 5 properties exchanged hands ( The market value represents a decrease of 6 (-54.5%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 28.3 years old (a +66.9% increase compared to the 17.0 years old of last year.). The average size of the real estate was 528.0 sq.m (a +192.6% increase compared to the 180.5 sq.m of last year.). The average total floor space of the real estate was 163.0 sq.m (a +44.6% increase compared to the 112.7 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 21.0 min in 2012 and 15.4 min in 2013; -26.7%)

Causes of price decreases

  • A dramatic increase in average age of the building (representing 17.0 years old in 2012 and 28.3 years old in 2013; +66.9%)
  • A dramatic increase in transactions involving relatively old buildings under 40 years old (representing 36.4% of total transactions in 2012 and 60.0% of total transactions in 2013)

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)