JR Sakurai Line Home market overview

The average price of a sq.m Home of JR Sakurai Line (Nara to Takada), in Jul, 2016 to Sep, 2016 was 115,958 JPY/sq.m. The market value represents a decrease of 37,825 JPY (-24.6%) compared to 1 year ago and a transition to a dramatic market. 20 properties exchanged hands ( The market value represents a decrease of 5 (-20.0%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 26.7 years old (a +34.0% increase compared to the 20.0 years old of last year.). The average size of the real estate was 242.2 sq.m (a +17.5% increase compared to the 206.2 sq.m of last year.). The average total floor space of the real estate was 175.5 sq.m (a +19.3% increase compared to the 147.1 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, as well as a dramatic increase in transactions involving size for a general family households less than 100 sq.m.

1 stations have experienced increased prices; 4 stations have experienced decreased prices. Market value of most stations decreased.

The top 1 stations has seen prices increase +149.2% (+82,853 JPY/sq.m). On the other hand, The bottom 1 stations has seen prices decrease -69.0% (-103,983 JPY/sq.m).


Cause of price increases

  • A dramatic increase in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 8.3% of total transactions in 2015 and 10.5% of total transactions in 2016)
  • An decrease in transactions involving older buildings over 40 years old (representing 13.0% of total transactions in 2015 and 11.1% of total transactions in 2016)

Causes of price decreases

  • A dramatic increase in average age of the building (representing 20.0 years old in 2015 and 26.7 years old in 2016; +34.0%)
  • An increase in average distance from the station (representing 18.7 min in 2015 and 21.3 min in 2016; +13.9%)
  • A dramatic increase in transactions involving relatively old buildings under 40 years old (representing 43.5% of total transactions in 2015 and 61.1% of total transactions in 2016)
  • A dramatic decrease in transactions involving nearly new buildings under 3 years old (representing 34.8% of total transactions in 2015 and 16.7% of total transactions in 2016)

Breakdown of each segment

The table below shows Home dealt in JR Sakurai 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:

Top

Home stations market overview

The average price of a sq.m Home of Sakurai, the highest market value along this railway was 138,373 JPY/sq.m. The market value represents an increase of 82,853 JPY (+149.2%) compared to 1 year ago and a transition to a dramatic market. 6 properties exchanged hands ( The market value represents an increase of 3 (+100.0%) compared to 1 year ago and a transition to a dramatic market.).

The average price of a sq.m Home of Unebi, the lowest market value along this railway was 28,571 JPY/sq.m. The market value represents a decrease of 58,701 JPY (-67.3%) compared to 1 year ago and a transition to a dramatic market. 1 properties exchanged hands (It was the same as last year.).

JR Sakurai Line (Stations Home market overview)
JR Sakurai LineThis year(2016)1 year ago2 years ago
Nara108,295 JPY (26.8Y/266.2sq.m)178,961 JPY (25.2Y/178.8sq.m)97,908 JPY (24.8Y/109.2sq.m)
Kyoubate-166,666 JPY (11.0Y/130.0sq.m)-
Obitoke83,750 JPY (43.5Y/210.0sq.m)-286,875 JPY (35.5Y/605.0sq.m)
Ichinomoto---
Tennri128,571 JPY (0.0Y/280.0sq.m)247,619 JPY (0.5Y/150.0sq.m)-
Nagara-219,047 JPY (0.5Y/210.0sq.m)61,428 JPY (32.5Y/75.0sq.m)
Yanagimoto46,666 JPY (31.0Y/197.5sq.m)150,649 JPY (0.5Y/166.7sq.m)-
Makimuku---
Miwa-37,500 JPY (32.5Y/235.0sq.m)95,800 JPY (22.5Y/201.0sq.m)
Sakurai138,373 JPY (24.9Y/265.0sq.m)55,519 JPY (27.0Y/403.3sq.m)113,420 JPY (17.5Y/185.0sq.m)
Kaguyama---
Unebi28,571 JPY (38.5Y/100.0sq.m)87,272 JPY (45.5Y/210.0sq.m)171,212 JPY (0.5Y/122.0sq.m)
Kanahashi219,047 JPY (0.5Y/140.0sq.m)--
Takada--170,160 JPY (19.0Y/313.8sq.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.
Top

Noteworthy stations

Sakurai138,373 JPY/sq.m (+149% compared with the previous year)

The average price of a sq.m Home of Sakurai was 138,373 JPY/sq.m. The market value represents an increase of 82,853 JPY (+149.2%) compared to 1 year ago and a transition to a dramatic market. 6 properties exchanged hands ( The market value represents an increase of 3 (+100.0%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 24.9 years old (a -8.0% decrease compared to the 27.0 years old of last year.). The average size of the real estate was 265.0 sq.m (a -34.3% decrease compared to the 403.3 sq.m of last year.). The average total floor space of the real estate was 327.5 sq.m (a +20.6% increase compared to the 271.7 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 19.7 min in 2015 and 9.7 min in 2016; -50.8%)
  • A dramatic decrease in transactions involving relatively old buildings under 40 years old (representing 100.0% of total transactions in 2015 and 50.0% of total transactions in 2016)

Yanagimoto46,666 JPY/sq.m (-69% compared with the previous year)

The average price of a sq.m Home of Yanagimoto was 46,666 JPY/sq.m. The market value represents a decrease of 103,983 JPY (-69.0%) compared to 1 year ago and a transition to a dramatic 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 31.0 years old (a +6054.6% increase compared to the 0.5 years old of last year.). The average size of the real estate was 197.5 sq.m (a +18.5% increase compared to the 166.7 sq.m of last year.). The average total floor space of the real estate was 90.0 sq.m (a -16.9% decrease compared to the 108.3 sq.m of last year.).

Causes of price decreases

  • A dramatic increase in average age of the building (representing 0.5 years old in 2015 and 31.0 years old in 2016; +6054.6%)
  • A dramatic increase in average distance from the station (representing 1.5 min in 2015 and 9.0 min in 2016; +500.0%)

Breakdown of each segment

Station:   Segment:

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)