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, 2015 to Jun, 2015 was 377,777 JPY/sq.m. The market value represents a decrease of 12,522 JPY (-3.2%) compared to 1 year ago and a transition to a some market. 1 properties exchanged hands ( The market value represents a decrease of 3 (-75.0%) compared to 1 year ago and a transition to a dramatic market.).
The average age of the real estate was 1.3 years old (a -70.6% decrease compared to the 4.3 years old of last year.). The average size of the real estate was 55.0 sq.m (a -87.9% decrease compared to the 455.0 sq.m of last year.). The average total floor space of the real estate was 90.0 sq.m (a -84.8% decrease compared to the 593.8 sq.m of last year.).
One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving middle size for a DINKS or an old age households less than 60 sq.m.
0 stations have experienced increased prices; 0 stations have experienced decreased prices. The market value decreased in all stations.
The top 0 stations has seen prices increase +0.0% (+0 JPY/sq.m). On the other hand, The bottom 0 stations has seen prices decrease +0.0% (+0 JPY/sq.m).
Cause of price increases
- A dramatic decrease in average age of the building (representing 4.3 years old in 2014 and 1.3 years old in 2015; -70.6%)
- A dramatic increase in transactions involving nearly new buildings under 3 years old (representing 75.0% of total transactions in 2014 and 100.0% of total transactions in 2015)
Causes of price decreases
- A dramatic increase in average distance from the station (representing 3.8 min in 2014 and 6.0 min in 2015; +60.0%)
Breakdown of each segment
Home stations market overview
|Keikyu Daishi Line||This year（2015）||1 year ago||2 years ago|
|Keikyuukawasaki||-||-||204,464 JPY (42.3Y/290.0sq.m)|
|Minatochou||-||-||355,000 JPY (0.3Y/60.0sq.m)|
|Kawasakidaishi||377,777 JPY (1.3Y/55.0sq.m)||-||307,150 JPY (13.9Y/100.0sq.m)|
|Higashimonnzenn||-||-||407,407 JPY (16.3Y/210.0sq.m)|
|Sanngyoudouro||-||367,500 JPY (0.3Y/55.0sq.m)||559,210 JPY (0.8Y/75.0sq.m)|
|Kojimashinndenn||-||435,897 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.
Breakdown of each segment