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 Apr, 2014 to Jun, 2014 was 390,299 JPY/sq.m. The market value represents an increase of 38,176 JPY (+10.8%) compared to 1 year ago and a transition to a bull market. 4 properties exchanged hands ( The market value represents a decrease of 7 (-63.6%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 4.3 years old (a -70.6% decrease compared to the 14.5 years old of last year.). The average size of the real estate was 455.0 sq.m (a +242.8% increase compared to the 132.7 sq.m of last year.). The average total floor space of the real estate was 593.8 sq.m (a +120.3% increase compared to the 269.5 sq.m of last year.).

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving locations relatively near to the station less than six minutes by foot from the station.

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 -34.3% (-191,710 JPY/sq.m). On the other hand, The bottom 1 stations has seen prices decrease -34.3% (-191,710 JPY/sq.m).

Cause of price increases

  • A dramatic decrease in average age of the building (representing 14.5 years old in 2013 and 4.3 years old in 2014; -70.6%)
  • A dramatic decrease in average distance from the station (representing 5.5 min in 2013 and 3.8 min in 2014; -31.3%)
  • A dramatic increase in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 45.5% of total transactions in 2013 and 75.0% of total transactions in 2014)

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 Sanngyoudouro, the highest market value along this railway was 367,500 JPY/sq.m. The market value represents a decrease of 191,710 JPY (-34.3%) 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 Sanngyoudouro, the lowest market value along this railway was 367,500 JPY/sq.m. The market value represents a decrease of 191,710 JPY (-34.3%) 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
Keikyuukawasaki-204,464 JPY (42.3Y/290.0sq.m)-
Minatochou-355,000 JPY (0.3Y/60.0sq.m)466,666 JPY (0.3Y/55.0sq.m)
Suzukichou--70,370 JPY (33.3Y/50.0sq.m)
Kawasakidaishi-307,150 JPY (13.9Y/100.0sq.m)338,153 JPY (16.3Y/65.0sq.m)
Higashimonnzenn-407,407 JPY (16.3Y/210.0sq.m)368,421 JPY (4.3Y/55.0sq.m)
Sanngyoudouro367,500 JPY (0.3Y/55.0sq.m)559,210 JPY (0.8Y/75.0sq.m)-
Kojimashinndenn435,897 JPY (8.3Y/855.0sq.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

Sanngyoudouro367,500 JPY/sq.m (-34% compared with the previous year)

The average price of a sq.m Home of Sanngyoudouro was 367,500 JPY/sq.m. The market value represents a decrease of 191,710 JPY (-34.3%) 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 0.3 years old (a -66.5% decrease compared to the 0.8 years old of last year.). The average size of the real estate was 55.0 sq.m (a -26.7% decrease compared to the 75.0 sq.m of last year.). The average total floor space of the real estate was 90.0 sq.m (a +2.9% increase compared to the 87.5 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average age of the building (representing 0.8 years old in 2013 and 0.3 years old in 2014; -66.5%)
  • An decrease in average distance from the station (representing 6.0 min in 2013 and 5.0 min in 2014; -16.7%)

Causes of price decreases

  • A slight decrease in transactions involving nearly new buildings under 3 years old (representing 100.0% of total transactions in 2013 and 100.0% of total transactions in 2014)

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)