Keikyu Daishi Line Kanagawa 2015-3Q
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 Jul, 2015 to Sep, 2015 was 1,422,010 JPY/sq.m. The market value represents an increase of 972,767 JPY (+216.5%) compared to 1 year ago and a transition to a dramatic market. 6 properties exchanged hands ( The market value represents a decrease of 2 (-25.0%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 14.5 years old (a +222.0% increase compared to the 4.5 years old of last year.). The average size of the real estate was 405.0 sq.m (a +431.1% increase compared to the 76.2 sq.m of last year.). The average total floor space of the real estate was 163.3 sq.m (a +71.9% increase compared to the 95.0 sq.m of last year.).

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

2 stations have experienced increased prices; 1 stations have experienced decreased prices. Market value of most stations decreased. Higashimonnzenn, Kojimashinndenn station has seen a price increase of over 10% compared to last year. The most dramatic price increase was at Higashimonnzenn station, where prices have increased +19.6% compared to last year; a sq.m unit now costs 440,972 JPY/sq.m.

The top 1 stations has seen prices increase +19.6% (+72,197 JPY/sq.m). On the other hand, The bottom 1 stations has seen prices decrease -42.5% (-260,806 JPY/sq.m).

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 9.5 min in 2014 and 6.8 min in 2015; -28.1%)

Causes of price decreases

  • A dramatic increase in average age of the building (representing 4.5 years old in 2014 and 14.5 years old in 2015; +222.0%)
  • A dramatic decrease in transactions involving nearly new buildings under 3 years old (representing 87.5% of total transactions in 2014 and 66.7% of total transactions in 2015)

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 Kojimashinndenn, the highest market value along this railway was 632,000 JPY/sq.m. The market value represents an increase of 86,546 JPY (+15.9%) compared to 1 year ago and a transition to a bull market. 1 properties exchanged hands (It was the same as last year.).

The average price of a sq.m Home of Kawasakidaishi, the lowest market value along this railway was 352,380 JPY/sq.m. The market value represents a decrease of 260,806 JPY (-42.5%) compared to 1 year ago and a transition to a dramatic market. 1 properties exchanged hands ( The market value represents a decrease of 1 (-50.0%) compared to 1 year ago and a transition to a dramatic market.).

Keikyu Daishi Line (Stations Home market overview)
Keikyu Daishi LineThis year(2015)1 year ago2 years ago
Keikyuukawasaki3,332,868 JPY (42.5Y/1062.5sq.m)--
Minatochou---
Suzukichou---
Kawasakidaishi352,380 JPY (0.5Y/70.0sq.m)613,186 JPY (0.5Y/100.0sq.m)377,777 JPY (0.5Y/60.0sq.m)
Higashimonnzenn440,972 JPY (0.5Y/65.0sq.m)368,775 JPY (11.2Y/75.0sq.m)360,000 JPY (0.5Y/80.0sq.m)
Sanngyoudouro-357,894 JPY (0.5Y/60.0sq.m)378,947 JPY (1.5Y/60.0sq.m)
Kojimashinndenn632,000 JPY (0.5Y/105.0sq.m)545,454 JPY (0.5Y/65.0sq.m)155,000 JPY (44.5Y/310.0sq.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

Higashimonnzenn440,972 JPY/sq.m (+20% compared with the previous year)

The average price of a sq.m Home of Higashimonnzenn was 440,972 JPY/sq.m. The market value represents an increase of 72,197 JPY (+19.6%) compared to 1 year ago and a transition to a bull market. 2 properties exchanged hands ( The market value represents a decrease of 1 (-33.3%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 0.5 years old (a -95.5% decrease compared to the 11.2 years old of last year.). The average size of the real estate was 65.0 sq.m (a -13.3% decrease compared to the 75.0 sq.m of last year.). The average total floor space of the real estate was 85.0 sq.m (a +0.0% decrease compared to the 85.0 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average age of the building (representing 11.2 years old in 2014 and 0.5 years old in 2015; -95.5%)
  • A dramatic decrease in average distance from the station (representing 9.0 min in 2014 and 6.0 min in 2015; -33.3%)
  • A dramatic increase in transactions involving nearly new buildings under 3 years old (representing 66.7% of total transactions in 2014 and 100.0% of total transactions in 2015)

Kawasakidaishi352,380 JPY/sq.m (-43% compared with the previous year)

The average price of a sq.m Home of Kawasakidaishi was 352,380 JPY/sq.m. The market value represents a decrease of 260,806 JPY (-42.5%) compared to 1 year ago and a transition to a dramatic market. 1 properties exchanged hands ( The market value represents a decrease of 1 (-50.0%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 0.5 years old (a +0.0% decrease compared to the 0.5 years old of last year.). The average size of the real estate was 70.0 sq.m (a -30.0% decrease compared to the 100.0 sq.m of last year.). The average total floor space of the real estate was 105.0 sq.m (a +2.4% increase compared to the 102.5 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 17.5 min in 2014 and 8.0 min in 2015; -54.3%)

Causes of price decreases

  • A slight decrease in transactions involving nearly new buildings under 3 years old (representing 100.0% of total transactions in 2014 and 100.0% of total transactions in 2015)

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)