Asa Kaigan Railway Line railway market report

Asa Kaigan Railway Line Home market overview

The average price of Asa Kaigan Railway Line (Kannnoura to Kannnoura) Home, in Jul, 2020 to Dec, 2020 was 75,508 JPY/sq.m. The market value represents an increase of 73,008 JPY (+2920.3%) compared to 1 year ago and a transition to a dramatic market. 4 properties exchanged hands ( The market value represents an increase of 3 (+300.0%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 22.3 years old (a -55.4% decrease compared to the 50.0 years old of last year.). The average size of the real estate was 431.2 sq.m (a +292.0% increase compared to the 110.0 sq.m of last year.). The average total floor space of the real estate was 123.8 sq.m (a +3.1% increase compared to the 120.0 sq.m of last year.).

One distinguishing feature of recent real-estate transactions was a dramatic decrease in transactions involving relatively large size more than 100 sq.m.

1 stations have experienced increased prices; 0 stations have experienced decreased prices. The market value increased in all stations.

The top 1 stations has seen prices increase +2920.3% (+73,008 JPY/sq.m). On the other hand, The bottom 1 stations has seen prices decrease +2920.3% (+73,008 JPY/sq.m).

Cause of price increases

  • A dramatic decrease in average age of the building (representing 50.0 years old in 2019 and 22.3 years old in 2020; -55.4%)

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 16.0 min in 2019 and 82.5 min in 2020; +415.6%)

Home stations market overview

The average price of Kannnoura Home, the highest market value along this railway was 75,508 JPY/sq.m. The market value represents an increase of 73,008 JPY (+2920.3%) compared to 1 year ago and a transition to a dramatic market. 4 properties exchanged hands ( The market value represents an increase of 3 (+300.0%) compared to 1 year ago and a transition to a dramatic market.).

The average price of Kannnoura Home, the lowest market value along this railway was 75,508 JPY/sq.m. The market value represents an increase of 73,008 JPY (+2920.3%) compared to 1 year ago and a transition to a dramatic market. 4 properties exchanged hands ( The market value represents an increase of 3 (+300.0%) compared to 1 year ago and a transition to a dramatic market.).

Asa Kaigan Railway Line (Stations Home market overview)
Asa Kaigan Railway LineThis year(2020)
(Avg.Age,Dim.)
1 year ago
(Avg.Age,Dim.)
2 years ago
(Avg.Age,Dim.)
Kannnoura75,508 JPYsq.m
(22.33219178082192431sq.m)
2,500 JPYsq.m
(50.032876712328765110sq.m)
2,857 JPYsq.m
(15.515068493150684185sq.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

Kannnoura75,508 JPY/sq.m (+2920% compared with the previous year)

The average price of Kannnoura Home was 75,508 JPY/sq.m. The market value represents an increase of 73,008 JPY (+2920.3%) compared to 1 year ago and a transition to a dramatic market. 4 properties exchanged hands ( The market value represents an increase of 3 (+300.0%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 22.3 years old (a -55.4% decrease compared to the 50.0 years old of last year.). The average size of the real estate was 431.2 sq.m (a +292.0% increase compared to the 110.0 sq.m of last year.). The average total floor space of the real estate was 123.8 sq.m (a +3.1% increase compared to the 120.0 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average age of the building (representing 50.0 years old in 2019 and 22.3 years old in 2020; -55.4%)

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 16.0 min in 2019 and 82.5 min in 2020; +415.6%)

Breakdown of each segment

Station:   Segment:

Utinokati, Outi Research

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Company Name Utinokati
Utinokati Real estate media providing price quotes and price trends for condominiums, homes, land and rental properties in 250,000 locations nationwide, along more than 20,000 train lines and stations, as well as rent quotes and rent trends.
Totinokati Real estate media providing public land prices, roadside land prices (inheritance tax assessed values), and property tax assessed values for 10,000 areas and station areas nationwide, based on the Ministry of Land, Infrastructure, Transport and Tourism's public notice of land prices.
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Foundation November, 2014
Mission Our mission is to use past real estate transaction data to visualize real estate pricing across Japan and offer that information to users in a convenient fashion.
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