Kintetsu Gose Line Home market overview

The average price of a sq.m Home of Kintetsu Gose Line (Shakudo to Kinntetsugose), in Oct, 2014 to Dec, 2014 was 111,753 JPY/sq.m. The market value represents a decrease of 45,442 JPY (-28.9%) compared to 1 year ago and a transition to a dramatic market. 9 properties exchanged hands ( The market value represents an increase of 3 (+50.0%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 21.2 years old (a +27.7% increase compared to the 16.6 years old of last year.). The average size of the real estate was 161.7 sq.m (a -31.2% decrease compared to the 235.0 sq.m of last year.). The average total floor space of the real estate was 99.4 sq.m (a -15.4% decrease compared to the 117.5 sq.m of last year.).

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

0 stations have experienced increased prices; 4 stations have experienced decreased prices. The market value decreased in all stations.

The top 1 stations has seen prices increase -22.9% (-19,398 JPY/sq.m). On the other hand, The bottom 1 stations has seen prices decrease -48.9% (-136,906 JPY/sq.m).


Cause of price increases

  • An decrease in average distance from the station (representing 11.2 min in 2013 and 9.2 min in 2014; -17.4%)
  • A dramatic increase in transactions involving nearly new buildings under 3 years old (representing 20.0% of total transactions in 2013 and 28.6% of total transactions in 2014)

Causes of price decreases

  • A dramatic increase in average age of the building (representing 16.6 years old in 2013 and 21.2 years old in 2014; +27.7%)
  • A dramatic increase in transactions involving older buildings over 40 years old (representing 20.0% of total transactions in 2013 and 28.6% of total transactions in 2014)

Breakdown of each segment

The table below shows Home dealt in Kintetsu Gose 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 Kinntetsushinnjou, the highest market value along this railway was 143,094 JPY/sq.m. The market value represents a decrease of 136,906 JPY (-48.9%) compared to 1 year ago and a transition to a dramatic market. 3 properties exchanged hands ( The market value represents an increase of 2 (+200.0%) compared to 1 year ago and a transition to a dramatic market.).

The average price of a sq.m Home of Kinntetsugose, the lowest market value along this railway was 57,500 JPY/sq.m. The market value represents a decrease of 41,071 JPY (-41.7%) compared to 1 year ago and a transition to a dramatic market. 2 properties exchanged hands (It was the same as last year.).

Kintetsu Gose Line (Stations Home market overview)
Kintetsu Gose LineThis year(2014)1 year ago2 years ago
Shakudo142,539 JPY (17.4Y/135.0sq.m)190,706 JPY (12.3Y/167.5sq.m)207,060 JPY (13.2Y/124.0sq.m)
Kinntetsushinnjou143,094 JPY (21.3Y/156.7sq.m)280,000 JPY (0.8Y/200.0sq.m)123,809 JPY (30.8Y/150.0sq.m)
Oshimi65,217 JPY (0.0Y/145.0sq.m)84,615 JPY (42.8Y/340.0sq.m)-
Kinntetsugose57,500 JPY (26.8Y/217.5sq.m)98,571 JPY (14.8Y/267.5sq.m)22,222 JPY (39.8Y/55.0sq.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.
Top

Noteworthy stations

Oshimi65,217 JPY/sq.m (-23% compared with the previous year)

The average price of a sq.m Home of Oshimi was 65,217 JPY/sq.m. The market value represents a decrease of 19,398 JPY (-22.9%) compared to 1 year ago and a transition to a dramatic market. 1 properties exchanged hands (It was the same as last year.).

The average size of the real estate was 145.0 sq.m (a -57.4% decrease compared to the 340.0 sq.m of last year.). The average total floor space of the real estate was 115.0 sq.m (a -11.5% decrease compared to the 130.0 sq.m of last year.).

Kinntetsushinnjou143,094 JPY/sq.m (-49% compared with the previous year)

The average price of a sq.m Home of Kinntetsushinnjou was 143,094 JPY/sq.m. The market value represents a decrease of 136,906 JPY (-48.9%) compared to 1 year ago and a transition to a dramatic market. 3 properties exchanged hands ( The market value represents an increase of 2 (+200.0%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 21.3 years old (a +2722.7% increase compared to the 0.8 years old of last year.). The average size of the real estate was 156.7 sq.m (a -21.7% decrease compared to the 200.0 sq.m of last year.). The average total floor space of the real estate was 87.5 sq.m (a -12.5% decrease compared to the 100.0 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 13.0 min in 2013 and 9.3 min in 2014; -28.2%)

Causes of price decreases

  • A dramatic increase in average age of the building (representing 0.8 years old in 2013 and 21.3 years old in 2014; +2722.7%)
  • A dramatic decrease in transactions involving nearly new buildings under 3 years old (representing 100.0% of total transactions in 2013 and 50.0% of total transactions in 2014)

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)