Keikyu Daishi Line Kanagawa 2014-1Q
Home market report

Keikyu Daishi Line railway market report

Keikyu Daishi Line Home market overview

The average price of a sq.m Home of Keikyu Daishi Line (Keikyuukawasaki to Kojimashinndenn), in Jan, 2014 to Mar, 2014 was 551,880 JPY/sq.m. The market value represents an increase of 370,381 JPY (+204.1%) compared to 1 year ago and a transition to a dramatic market. 4 properties exchanged hands ( The market value represents a decrease of 1 (-20.0%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 18.5 years old (a -52.8% decrease compared to the 39.2 years old of last year.). The average size of the real estate was 192.5 sq.m (a -46.4% decrease compared to the 359.0 sq.m of last year.). The average total floor space of the real estate was 111.2 sq.m (a -68.8% decrease compared to the 357.0 sq.m of last year.).

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving total floor space for a general family households less than 100 sq.m.

1 stations have experienced increased prices; 0 stations have experienced decreased prices. Market value of most stations decreased.

The top 1 stations has seen prices increase +175.6% (+246,780 JPY/sq.m). On the other hand, The bottom 1 stations has seen prices decrease +175.6% (+246,780 JPY/sq.m).

Cause of price increases

  • A dramatic decrease in average age of the building (representing 39.2 years old in 2013 and 18.5 years old in 2014; -52.8%)
  • A dramatic decrease in transactions involving older buildings over 40 years old (representing 80.0% of total transactions in 2013 and 25.0% of total transactions in 2014)

Causes of price decreases

  • An increase in average distance from the station (representing 7.2 min in 2013 and 8.2 min in 2014; +14.6%)

Breakdown of each segment

The table below shows Home dealt in Keikyu Daishi 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:

※各年ごとの取引件数の割合が高いセグメントほど赤く表示

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Home stations market overview

The average price of a sq.m Home of Higashimonnzenn, the highest market value along this railway was 387,333 JPY/sq.m. The market value represents an increase of 246,780 JPY (+175.6%) compared to 1 year ago and a transition to a dramatic market. 2 properties exchanged hands (It was the same as last year.).

The average price of a sq.m Home of Higashimonnzenn, the lowest market value along this railway was 387,333 JPY/sq.m. The market value represents an increase of 246,780 JPY (+175.6%) compared to 1 year ago and a transition to a dramatic market. 2 properties exchanged hands (It was the same as last year.).

Keikyu Daishi Line (Stations Home market overview)
Keikyu Daishi LineThis year(2014)1 year ago2 years ago
Keikyuukawasaki463,157 JPY (1.0Y/110.0sq.m)-400,000 JPY (1.0Y/70.0sq.m)
Minatochou969,696 JPY (41.0Y/500.0sq.m)--
Suzukichou--70,370 JPY (33.0Y/50.0sq.m)
Kawasakidaishi-224,306 JPY (43.0Y/37.5sq.m)328,017 JPY (30.4Y/55.0sq.m)
Higashimonnzenn387,333 JPY (16.0Y/80.0sq.m)140,552 JPY (45.5Y/825.0sq.m)-
Sanngyoudouro-177,777 JPY (19.0Y/70.0sq.m)-
Kojimashinndenn--533,333 JPY (0.0Y/160.0sq.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.

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Noteworthy stations

Higashimonnzenn387,333 JPY/sq.m (+176% compared with the previous year)

The average price of a sq.m Home of Higashimonnzenn was 387,333 JPY/sq.m. The market value represents an increase of 246,780 JPY (+175.6%) compared to 1 year ago and a transition to a dramatic market. 2 properties exchanged hands (It was the same as last year.).

The average age of the real estate was 16.0 years old (a -64.8% decrease compared to the 45.5 years old of last year.). The average size of the real estate was 80.0 sq.m (a -90.3% decrease compared to the 825.0 sq.m of last year.). The average total floor space of the real estate was 92.5 sq.m (a -88.5% decrease compared to the 805.0 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average age of the building (representing 45.5 years old in 2013 and 16.0 years old in 2014; -64.8%)

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 7.5 min in 2013 and 9.5 min in 2014; +26.7%)

Breakdown of each segment

Station:   Segment:

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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)