Kintetsu Gose Line Home market overview

The average price of a sq.m Home of Kintetsu Gose Line (Shakudo to Kinntetsugose), in Jan, 2014 to Dec, 2014 was 121,498 JPY/sq.m. The market value represents a decrease of 28,975 JPY (-19.3%) compared to 1 year ago and a transition to a weak market. 22 properties exchanged hands ( The market value represents a decrease of 11 (-33.3%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 19.5 years old (a +10.2% increase compared to the 17.7 years old of last year.). The average size of the real estate was 146.6 sq.m (a -45.8% decrease compared to the 270.6 sq.m of last year.). The average total floor space of the real estate was 106.2 sq.m (a -40.1% decrease compared to the 177.4 sq.m of last year.).

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving older buildings over 40 years old, as well as a dramatic increase in transactions involving total floor space for a general family households less than 100 sq.m.

1 stations have experienced increased prices; 3 stations have experienced decreased prices. Market value of most stations decreased.

The top 1 stations has seen prices increase +1.9% (+1,991 JPY/sq.m). On the other hand, The bottom 1 stations has seen prices decrease -31.2% (-73,021 JPY/sq.m).


Cause of price increases

  • A dramatic decrease in transactions involving relatively old buildings under 40 years old (representing 33.3% of total transactions in 2013 and 11.1% of total transactions in 2014)

Causes of price decreases

  • An increase in average age of the building (representing 17.7 years old in 2013 and 19.5 years old in 2014; +10.2%)
  • A dramatic increase in transactions involving older buildings over 40 years old (representing 13.3% of total transactions in 2013 and 27.8% of total transactions in 2014)
  • A some decrease in transactions involving nearly new buildings under 3 years old (representing 36.7% of total transactions in 2013 and 33.3% 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 160,793 JPY/sq.m. The market value represents a decrease of 73,021 JPY (-31.2%) compared to 1 year ago and a transition to a dramatic market. 7 properties exchanged hands ( The market value represents a decrease of 3 (-30.0%) 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 50,705 JPY/sq.m. The market value represents a decrease of 14,340 JPY (-22.0%) compared to 1 year ago and a transition to a dramatic market. 4 properties exchanged hands ( The market value represents a decrease of 5 (-55.6%) compared to 1 year ago and a transition to a dramatic market.).

Kintetsu Gose Line (Stations Home market overview)
Kintetsu Gose LineThis year(2014)1 year ago2 years ago
Shakudo130,355 JPY (18.9Y/131.1sq.m)177,749 JPY (12.2Y/156.9sq.m)165,424 JPY (25.1Y/149.3sq.m)
Kinntetsushinnjou160,793 JPY (10.9Y/137.1sq.m)233,814 JPY (10.7Y/431.5sq.m)199,147 JPY (15.1Y/356.7sq.m)
Oshimi105,336 JPY (46.3Y/140.0sq.m)103,345 JPY (24.7Y/171.7sq.m)190,688 JPY (3.3Y/220.0sq.m)
Kinntetsugose50,705 JPY (22.8Y/201.2sq.m)65,045 JPY (27.0Y/258.9sq.m)29,292 JPY (36.0Y/177.5sq.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

Oshimi105,336 JPY/sq.m (+2% compared with the previous year)

The average price of a sq.m Home of Oshimi was 105,336 JPY/sq.m. The market value represents an increase of 1,991 JPY (+1.9%) compared to 1 year ago and a transition to a slight market. 2 properties exchanged hands ( The market value represents a decrease of 4 (-66.7%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 46.3 years old (a +87.2% increase compared to the 24.7 years old of last year.). The average size of the real estate was 140.0 sq.m (a -18.4% decrease compared to the 171.7 sq.m of last year.). The average total floor space of the real estate was 85.0 sq.m (a -20.9% decrease compared to the 107.5 sq.m of last year.).

Causes of price decreases

  • A dramatic increase in average age of the building (representing 24.7 years old in 2013 and 46.3 years old in 2014; +87.2%)
  • A dramatic increase in transactions involving older buildings over 40 years old (representing 33.3% of total transactions in 2013 and 100.0% of total transactions in 2014)

Kinntetsushinnjou160,793 JPY/sq.m (-31% compared with the previous year)

The average price of a sq.m Home of Kinntetsushinnjou was 160,793 JPY/sq.m. The market value represents a decrease of 73,021 JPY (-31.2%) compared to 1 year ago and a transition to a dramatic market. 7 properties exchanged hands ( The market value represents a decrease of 3 (-30.0%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 10.9 years old (a +2.0% increase compared to the 10.7 years old of last year.). The average size of the real estate was 137.1 sq.m (a -68.2% decrease compared to the 431.5 sq.m of last year.). The average total floor space of the real estate was 95.0 sq.m (a -69.5% decrease compared to the 311.5 sq.m of last year.).

Cause of price increases

  • A dramatic increase in transactions involving nearly new buildings under 3 years old (representing 55.6% of total transactions in 2013 and 75.0% of total transactions in 2014)

Causes of price decreases

  • A dramatic increase in transactions involving older buildings over 40 years old (representing 11.1% of total transactions in 2013 and 25.0% 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)