Keikyu Daishi Line railway market report
- Type: Home
- Line: Keikyu Daishi Line
Keikyuukawasaki Kojimashinndenn [7 stations] - Period: 2016 - 2Q
Apr, 2016 Jun, 2016
Keikyu Daishi Line Home market overview
The average price of a sq.m Home of Keikyu Daishi Line (Keikyuukawasaki to Kojimashinndenn), in Apr, 2016 to Jun, 2016 was 547,620 JPY/sq.m. The market value represents an increase of 169,842 JPY (+45.0%) compared to 1 year ago and a transition to a dramatic market. 9 properties exchanged hands ( The market value represents an increase of 8 (+800.0%) compared to 1 year ago and a transition to a dramatic market.).
The average age of the real estate was 6.0 years old (a +379.7% increase compared to the 1.3 years old of last year.). The average size of the real estate was 146.7 sq.m (a +166.7% increase compared to the 55.0 sq.m of last year.). The average total floor space of the real estate was 110.0 sq.m (a +22.2% increase compared to the 90.0 sq.m of last year.).
One distinguishing feature of recent real-estate transactions was a dramatic decrease 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. Kawasakidaishi station has seen a price increase of over 10% compared to last year. The most dramatic price increase was at Kawasakidaishi station, where prices have increased +14.6% compared to last year; a sq.m unit now costs 432,978 JPY/sq.m.
The top 1 stations has seen prices increase +14.6% (+55,201 JPY/sq.m). On the other hand, The bottom 1 stations has seen prices decrease +14.6% (+55,201 JPY/sq.m).
Causes of price decreases
- A dramatic increase in average age of the building (representing 1.3 years old in 2015 and 6.0 years old in 2016; +379.7%)
- A dramatic increase in average distance from the station (representing 6.0 min in 2015 and 9.9 min in 2016; +64.8%)
- A dramatic decrease in transactions involving nearly new buildings under 3 years old (representing 100.0% of total transactions in 2015 and 62.5% of total transactions in 2016)
Breakdown of each segment
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
Home stations market overview
The average price of a sq.m Home of Kawasakidaishi, the highest market value along this railway was 432,978 JPY/sq.m. The market value represents an increase of 55,201 JPY (+14.6%) compared to 1 year ago and a transition to a bull market. 7 properties exchanged hands ( The market value represents an increase of 6 (+600.0%) compared to 1 year ago and a transition to a dramatic market.).
The average price of a sq.m Home of Kawasakidaishi, the lowest market value along this railway was 432,978 JPY/sq.m. The market value represents an increase of 55,201 JPY (+14.6%) compared to 1 year ago and a transition to a bull market. 7 properties exchanged hands ( The market value represents an increase of 6 (+600.0%) compared to 1 year ago and a transition to a dramatic market.).
| Keikyu Daishi Line | This year（2016） | 1 year ago | 2 years ago |
|---|---|---|---|
| Keikyuukawasaki | - | - | - |
| Minatochou | - | - | - |
| Suzukichou | - | - | - |
| Kawasakidaishi | 432,978 JPY (3.6Y/87.9sq.m) | 377,777 JPY (1.3Y/55.0sq.m) | - |
| Higashimonnzenn | 891,544 JPY (13.3Y/352.5sq.m) | - | - |
| Sanngyoudouro | - | - | 367,500 JPY (0.3Y/55.0sq.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.
Noteworthy stations
Kawasakidaishi 432,978 JPY/sq.m (+15% compared with the previous year)
The average price of a sq.m Home of Kawasakidaishi was 432,978 JPY/sq.m. The market value represents an increase of 55,201 JPY (+14.6%) compared to 1 year ago and a transition to a bull market. 7 properties exchanged hands ( The market value represents an increase of 6 (+600.0%) compared to 1 year ago and a transition to a dramatic market.).
The average age of the real estate was 3.6 years old (a +186.5% increase compared to the 1.3 years old of last year.). The average size of the real estate was 87.9 sq.m (a +59.7% increase compared to the 55.0 sq.m of last year.). The average total floor space of the real estate was 105.8 sq.m (a +17.6% increase compared to the 90.0 sq.m of last year.).
Causes of price decreases
- A dramatic increase in average age of the building (representing 1.3 years old in 2015 and 3.6 years old in 2016; +186.5%)
- A dramatic increase in average distance from the station (representing 6.0 min in 2015 and 10.4 min in 2016; +73.8%)
- A dramatic decrease in transactions involving nearly new buildings under 3 years old (representing 100.0% of total transactions in 2015 and 66.7% of total transactions in 2016)
Breakdown of each segment
Station: Segment: