JR Kagoshima Main Line railway market report

JR Kagoshima Main Line Home market overview

The average price of JR Kagoshima Main Line (Sendai to Kagoshima) Home, in Apr, 2018 to Jun, 2018 was 167,214 JPY/sq.m. The market value represents a decrease of 29,055 JPY (-14.8%) compared to 1 year ago and a transition to a weak market. 103 properties exchanged hands ( The market value represents a decrease of 3 (-2.8%) compared to 1 year ago and a transition to a slight market.).

The average age of the real estate was 21.6 years old (a -10.6% decrease compared to the 24.1 years old of last year.). The average size of the real estate was 279.5 sq.m (a +18.2% increase compared to the 236.5 sq.m of last year.). The average total floor space of the real estate was 199.9 sq.m (a +54.0% increase compared to the 129.8 sq.m of last year.).

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving very large total floor space more than 200 sq.m, as well as a dramatic increase in transactions involving relatively new buildings under 20 years old.

5 stations have experienced increased prices; 4 stations have experienced decreased prices. Market value of most stations decreased. Sendai, Kumanojou station has seen a price increase of over 20% compared to last year. The most dramatic price increase was at Satsumamatsumoto station, where prices have increased +203.6% compared to last year; a sq.m unit now costs 149,444 JPY/sq.m.

The top 2 stations has seen prices increase +155.2% (+72,338 JPY/sq.m). On the other hand, The bottom 2 stations has seen prices decrease -47.3% (-91,381 JPY/sq.m).

Cause of price increases

  • An decrease in average age of the building (representing 24.1 years old in 2017 and 21.6 years old in 2018; -10.6%)
  • A some decrease in transactions involving relatively old buildings under 40 years old (representing 42.6% of total transactions in 2017 and 38.6% of total transactions in 2018)
  • An increase in transactions involving nearly new buildings under 3 years old (representing 22.8% of total transactions in 2017 and 25.7% of total transactions in 2018)

Causes of price decreases

  • A dramatic decrease in transactions involving locations near to the station less than three minutes by foot from the station (representing 2.8% of total transactions in 2017 and 1.0% of total transactions in 2018)

Home stations market overview

The average price of Kamiijuuinn Home, the highest market value along this railway was 245,526 JPY/sq.m. The market value represents an increase of 40,864 JPY (+20.0%) compared to 1 year ago and a transition to a bull market. 4 properties exchanged hands ( The market value represents a decrease of 5 (-55.6%) compared to 1 year ago and a transition to a dramatic market.).

The average price of Ijuuinn Home, the lowest market value along this railway was 57,184 JPY/sq.m. The market value represents a decrease of 120,418 JPY (-67.8%) compared to 1 year ago and a transition to a dramatic market. 6 properties exchanged hands ( The market value represents an increase of 2 (+50.0%) compared to 1 year ago and a transition to a dramatic market.).

JR Kagoshima Main Line (Stations Home market overview)
JR Kagoshima Main LineThis year(2018)
(Avg.Age,Dim.)
1 year ago
(Avg.Age,Dim.)
2 years ago
(Avg.Age,Dim.)
Sendai140,094 JPYsq.m
(13.371689497716895649sq.m)
92,157 JPYsq.m
(31.148972602739725363sq.m)
111,586 JPYsq.m
(24.64486301369863474sq.m)
Kumanojou111,334 JPYsq.m
(28.77123287671233460sq.m)
57,521 JPYsq.m
(34.776712328767125570sq.m)
28,889 JPYsq.m
(38.27945205479452190sq.m)
Kobannchaya---
Kushikino86,108 JPYsq.m
(29.771689497716892283sq.m)
41,646 JPYsq.m
(26.770319634703196188sq.m)
47,006 JPYsq.m
(44.78356164383562112sq.m)
Kamimuragakuennmae80,000 JPYsq.m
(17.26301369863013665.0sq.m)
-20,588 JPYsq.m
(33.276712328767125700sq.m)
Ichiki---
Yunomoto114,286 JPYsq.m
(9.257534246575343260sq.m)
--
Higashiichiki--4,375 JPYsq.m
(46.28493150684932470sq.m)
Ijuuinn57,184 JPYsq.m
(25.60228310502283552sq.m)
177,603 JPYsq.m
(25.52054794520548232sq.m)
223,449 JPYsq.m
(4.005479452054795390sq.m)
Satsumamatsumoto149,444 JPYsq.m
(23.7671232876712321,055sq.m)
49,231 JPYsq.m
(17.263013698630136530sq.m)
48,292 JPYsq.m
(30.607305936073057175sq.m)
Kamiijuuinn245,526 JPYsq.m
(-0.08127853881278539180sq.m)
204,663 JPYsq.m
(14.595433789954336313sq.m)
168,333 JPYsq.m
(5.255707762557077220sq.m)
Hiroki171,087 JPYsq.m
(26.26958904109589161sq.m)
206,115 JPYsq.m
(21.711415525114155203sq.m)
249,947 JPYsq.m
(8.391415525114155213sq.m)
Kagoshima-Chuo200,559 JPYsq.m
(24.042876712328766185sq.m)
226,412 JPYsq.m
(28.344737721349816195sq.m)
187,223 JPYsq.m
(29.14228707564026279sq.m)
Kagoshima171,137 JPYsq.m
(19.26491043203372209sq.m)
233,480 JPYsq.m
(16.596738421395955211sq.m)
169,297 JPYsq.m
(21.910567514677105221sq.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.

Noteworthy stations

Satsumamatsumoto149,444 JPY/sq.m (+204% compared with the previous year)

The average price of Satsumamatsumoto Home was 149,444 JPY/sq.m. The market value represents an increase of 100,214 JPY (+203.6%) compared to 1 year ago and a transition to a dramatic market. 2 properties exchanged hands ( The market value represents an increase of 1 (+100.0%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 23.8 years old (a +37.7% increase compared to the 17.3 years old of last year.). The average size of the real estate was 1055.0 sq.m (a +99.1% increase compared to the 530.0 sq.m of last year.). The average total floor space of the real estate was 265.0 sq.m (a +307.7% increase compared to the 65.0 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 30.0 min in 2017 and 19.0 min in 2018; -36.7%)

Causes of price decreases

  • A dramatic increase in average age of the building (representing 17.3 years old in 2017 and 23.8 years old in 2018; +37.7%)

Kushikino86,108 JPY/sq.m (+107% compared with the previous year)

The average price of Kushikino Home was 86,108 JPY/sq.m. The market value represents an increase of 44,462 JPY (+106.8%) compared to 1 year ago and a transition to a dramatic market. 6 properties exchanged hands (It was the same as last year.).

The average age of the real estate was 29.8 years old (a +11.2% increase compared to the 26.8 years old of last year.). The average size of the real estate was 283.3 sq.m (a +50.4% increase compared to the 188.3 sq.m of last year.). The average total floor space of the real estate was 133.3 sq.m (a -12.3% decrease compared to the 152.0 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in transactions involving relatively old buildings under 40 years old (representing 50.0% of total transactions in 2017 and 16.7% of total transactions in 2018)

Causes of price decreases

  • An increase in average age of the building (representing 26.8 years old in 2017 and 29.8 years old in 2018; +11.2%)
  • A dramatic increase in average distance from the station (representing 14.3 min in 2017 and 30.2 min in 2018; +110.5%)
  • A dramatic increase in transactions involving older buildings over 40 years old (representing 16.7% of total transactions in 2017 and 50.0% of total transactions in 2018)

Ijuuinn57,184 JPY/sq.m (-68% compared with the previous year)

The average price of Ijuuinn Home was 57,184 JPY/sq.m. The market value represents a decrease of 120,418 JPY (-67.8%) compared to 1 year ago and a transition to a dramatic market. 6 properties exchanged hands ( The market value represents an increase of 2 (+50.0%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 25.6 years old (a +0.3% increase compared to the 25.5 years old of last year.). The average size of the real estate was 551.7 sq.m (a +137.3% increase compared to the 232.5 sq.m of last year.). The average total floor space of the real estate was 214.2 sq.m (a +91.8% increase compared to the 111.7 sq.m of last year.).

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 36.8 min in 2017 and 49.7 min in 2018; +35.1%)
  • A dramatic increase in transactions involving relatively old buildings under 40 years old (representing 25.0% of total transactions in 2017 and 66.7% of total transactions in 2018)

Kagoshima171,137 JPY/sq.m (-27% compared with the previous year)

The average price of Kagoshima Home was 171,137 JPY/sq.m. The market value represents a decrease of 62,343 JPY (-26.7%) compared to 1 year ago and a transition to a dramatic market. 26 properties exchanged hands ( The market value represents an increase of 5 (+23.8%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 19.3 years old (a +16.1% increase compared to the 16.6 years old of last year.). The average size of the real estate was 209.1 sq.m (a -1.0% decrease compared to the 211.2 sq.m of last year.). The average total floor space of the real estate was 149.6 sq.m (a +17.0% increase compared to the 127.9 sq.m of last year.).

Cause of price increases

  • An decrease in average distance from the station (representing 64.0 min in 2017 and 57.4 min in 2018; -10.3%)

Causes of price decreases

  • An increase in average age of the building (representing 16.6 years old in 2017 and 19.3 years old in 2018; +16.1%)
  • A dramatic decrease in transactions involving nearly new buildings under 3 years old (representing 47.6% of total transactions in 2017 and 30.8% 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)

Safety and Security of Utinokati

Ministry of Land, Infrastructure, Transport and Tourism. Utinokati provides market information based on the latest real estate transaction data collected by the transaction information provision system of the Land Appraisal Committee of the MLIT, Japan.
high-quality real estate price information Utinokati strives to provide high-quality real estate price information while paying attention to the protection of personal information so that everyone can trade real estate with peace of mind.
reliability of information Utinokati is making various efforts to improve the reliability of information and to allow users to check the land market with peace of mind.

About publication in the media

Utinokati is the nation's largest free web service for real estate price quotes for various areas and stations around the country. Real estate price information in Utinokati is calculated based on the latest comprehensive land information system data from the Ministry of Land, Infrastructure, Transport and Tourism.

The purpose of this web service is to make real estate market prices more accessible and widely used not only for buying, selling, and leasing real estate, but also for inheritance and transfer. We actively provide a variety of real estate information that can be used in various articles in newspapers, magazines, web media, and other media. Please feel free to inquire about the contents of real estate information that we can provide and the conditions under which we can provide it through the Inquiry Form.

Corporate Profile

Company Name Utinokati
Utinokati Real estate media providing price quotes and price trends for condominiums, homes, land and rental properties in 250,000 locations nationwide, along more than 20,000 train lines and stations, as well as rent quotes and rent trends.
Totinokati Real estate media providing public land prices, roadside land prices (inheritance tax assessed values), and property tax assessed values for 10,000 areas and station areas nationwide, based on the Ministry of Land, Infrastructure, Transport and Tourism's public notice of land prices.
Location Kudanminami 1-5-6, Chiyoda-ku, Tokyo, Japan
Foundation November, 2014
Mission Our mission is to use past real estate transaction data to visualize real estate pricing across Japan and offer that information to users in a convenient fashion.
contact form