Kintetsu Kashihara Line Home market overview

The average price of a sq.m Home of Kintetsu Kashihara Line (Yamatosaidaiji to Kashiharajinnguumae), in Jul, 2015 to Sep, 2015 was 172,808 JPY/sq.m. The market value represents an increase of 10,786 JPY (+6.7%) compared to 1 year ago and a transition to a strong market. 34 properties exchanged hands ( The market value represents a decrease of 7 (-17.1%) compared to 1 year ago and a transition to a weak market.).

The average age of the real estate was 20.9 years old (a +15.1% increase compared to the 18.2 years old of last year.). The average size of the real estate was 303.1 sq.m (a +84.8% increase compared to the 164.0 sq.m of last year.). The average total floor space of the real estate was 198.7 sq.m (a +79.4% increase compared to the 110.8 sq.m of last year.).

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving middle total floor space for a DINKS or an old age households less than 60 sq.m, as well as a dramatic increase in transactions involving very large total floor space more than 200 sq.m.

6 stations have experienced increased prices; 4 stations have experienced decreased prices. Market value of most stations decreased. Yamatosaidaiji, Kujou, Kinntetsukooriyama, Kashiharajinnguumae station has seen a price increase of over 20% compared to last year. The most dramatic price increase was at Yamatosaidaiji station, where prices have increased +96.7% compared to last year; a sq.m unit now costs 356,025 JPY/sq.m.

The top 2 stations has seen prices increase +96.0% (+117,166 JPY/sq.m). On the other hand, The bottom 2 stations has seen prices decrease -30.1% (-47,976 JPY/sq.m).


Cause of price increases

  • An decrease in average distance from the station (representing 13.5 min in 2014 and 11.7 min in 2015; -13.5%)
  • A dramatic decrease in transactions involving relatively old buildings under 40 years old (representing 48.6% of total transactions in 2014 and 37.9% of total transactions in 2015)

Causes of price decreases

  • An increase in average age of the building (representing 18.2 years old in 2014 and 20.9 years old in 2015; +15.1%)
  • A dramatic increase in transactions involving older buildings over 40 years old (representing 8.1% of total transactions in 2014 and 17.2% of total transactions in 2015)
  • An decrease in transactions involving nearly new buildings under 3 years old (representing 37.8% of total transactions in 2014 and 31.0% of total transactions in 2015)

Breakdown of each segment

The table below shows Home dealt in Kintetsu Kashihara 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 Yamatosaidaiji, the highest market value along this railway was 356,025 JPY/sq.m. The market value represents an increase of 175,017 JPY (+96.7%) compared to 1 year ago and a transition to a dramatic market. 5 properties exchanged hands ( The market value represents a decrease of 2 (-28.6%) compared to 1 year ago and a transition to a dramatic market.).

The average price of a sq.m Home of Ninokuchi, the lowest market value along this railway was 76,268 JPY/sq.m. The market value represents an increase of 3,327 JPY (+4.6%) compared to 1 year ago and a transition to a some 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.).

Kintetsu Kashihara Line (Stations Home market overview)
Kintetsu Kashihara LineThis year(2015)1 year ago2 years ago
Yamatosaidaiji356,025 JPY (18.9Y/183.0sq.m)181,008 JPY (23.2Y/212.9sq.m)212,976 JPY (23.9Y/189.5sq.m)
Amagatsuji-239,598 JPY (0.5Y/120.0sq.m)133,382 JPY (31.0Y/125.0sq.m)
Nishinokyou116,352 JPY (30.0Y/265.0sq.m)154,248 JPY (38.9Y/286.2sq.m)171,175 JPY (23.7Y/168.3sq.m)
Kujou181,202 JPY (13.6Y/117.5sq.m)150,833 JPY (14.0Y/150.0sq.m)105,000 JPY (32.2Y/241.7sq.m)
Kinntetsukooriyama121,506 JPY (33.2Y/370.0sq.m)62,191 JPY (29.3Y/105.0sq.m)120,400 JPY (23.9Y/291.7sq.m)
Tsutsui105,111 JPY (23.5Y/766.7sq.m)163,167 JPY (11.8Y/143.3sq.m)111,428 JPY (35.0Y/637.5sq.m)
Hirahata-183,268 JPY (8.0Y/105.0sq.m)112,046 JPY (22.6Y/135.0sq.m)
Yuuzaki189,473 JPY (0.5Y/135.0sq.m)201,648 JPY (8.5Y/243.3sq.m)170,031 JPY (29.4Y/180.8sq.m)
Iwami170,000 JPY (0.5Y/180.0sq.m)-120,048 JPY (34.5Y/212.5sq.m)
Tawaramoto133,842 JPY (15.5Y/105.0sq.m)168,531 JPY (17.3Y/115.8sq.m)157,850 JPY (15.8Y/294.3sq.m)
Kasanui--228,571 JPY (0.5Y/125.0sq.m)
Ninokuchi76,268 JPY (36.2Y/96.7sq.m)72,941 JPY (29.5Y/85.0sq.m)40,740 JPY (22.5Y/290.0sq.m)
Yamatoyagi186,627 JPY (20.5Y/118.3sq.m)160,368 JPY (16.0Y/138.8sq.m)198,085 JPY (12.3Y/235.7sq.m)
Yaginishiguchi--139,090 JPY (46.5Y/487.5sq.m)
Unebigoryoumae--189,473 JPY (0.5Y/145.0sq.m)
Kashiharajinnguumae321,739 JPY (0.5Y/165.0sq.m)231,578 JPY (0.5Y/125.0sq.m)178,971 JPY (26.2Y/322.1sq.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

Yamatosaidaiji356,025 JPY/sq.m (+97% compared with the previous year)

The average price of a sq.m Home of Yamatosaidaiji was 356,025 JPY/sq.m. The market value represents an increase of 175,017 JPY (+96.7%) compared to 1 year ago and a transition to a dramatic market. 5 properties exchanged hands ( The market value represents a decrease of 2 (-28.6%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 18.9 years old (a -18.4% decrease compared to the 23.2 years old of last year.). The average size of the real estate was 183.0 sq.m (a -14.0% decrease compared to the 212.9 sq.m of last year.). The average total floor space of the real estate was 94.0 sq.m (a -39.6% decrease compared to the 155.7 sq.m of last year.).

Cause of price increases

  • An decrease in average age of the building (representing 23.2 years old in 2014 and 18.9 years old in 2015; -18.4%)
  • A dramatic decrease in transactions involving relatively old buildings under 40 years old (representing 83.3% of total transactions in 2014 and 20.0% of total transactions in 2015)

Causes of price decreases

  • A dramatic decrease in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 28.6% of total transactions in 2014 and 20.0% of total transactions in 2015)

Kinntetsukooriyama121,506 JPY/sq.m (+95% compared with the previous year)

The average price of a sq.m Home of Kinntetsukooriyama was 121,506 JPY/sq.m. The market value represents an increase of 59,315 JPY (+95.4%) compared to 1 year ago and a transition to a dramatic market. 6 properties exchanged hands ( The market value represents an increase of 2 (+50.0%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 33.2 years old (a +13.4% increase compared to the 29.3 years old of last year.). The average size of the real estate was 370.0 sq.m (a +252.4% increase compared to the 105.0 sq.m of last year.). The average total floor space of the real estate was 220.8 sq.m (a +148.8% increase compared to the 88.8 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 17.5 min in 2014 and 11.2 min in 2015; -36.2%)
  • A dramatic decrease in transactions involving relatively old buildings under 40 years old (representing 100.0% of total transactions in 2014 and 66.7% of total transactions in 2015)

Causes of price decreases

  • An increase in average age of the building (representing 29.3 years old in 2014 and 33.2 years old in 2015; +13.4%)

Tsutsui105,111 JPY/sq.m (-36% compared with the previous year)

The average price of a sq.m Home of Tsutsui was 105,111 JPY/sq.m. The market value represents a decrease of 58,056 JPY (-35.6%) compared to 1 year ago and a transition to a dramatic market. 3 properties exchanged hands (It was the same as last year.).

The average age of the real estate was 23.5 years old (a +98.6% increase compared to the 11.8 years old of last year.). The average size of the real estate was 766.7 sq.m (a +434.9% increase compared to the 143.3 sq.m of last year.). The average total floor space of the real estate was 306.7 sq.m (a +201.6% increase compared to the 101.7 sq.m of last year.).

Causes of price decreases

  • A dramatic increase in average age of the building (representing 11.8 years old in 2014 and 23.5 years old in 2015; +98.6%)
  • An increase in average distance from the station (representing 10.0 min in 2014 and 11.7 min in 2015; +16.7%)
  • A dramatic increase in transactions involving relatively old buildings under 40 years old (representing 33.3% of total transactions in 2014 and 100.0% of total transactions in 2015)

Nishinokyou116,352 JPY/sq.m (-25% compared with the previous year)

The average price of a sq.m Home of Nishinokyou was 116,352 JPY/sq.m. The market value represents a decrease of 37,896 JPY (-24.6%) compared to 1 year ago and a transition to a dramatic market. 4 properties exchanged hands (It was the same as last year.).

The average age of the real estate was 30.0 years old (a -22.7% decrease compared to the 38.9 years old of last year.). The average size of the real estate was 265.0 sq.m (a -7.4% decrease compared to the 286.2 sq.m of last year.). The average total floor space of the real estate was 135.0 sq.m (a +24.6% increase compared to the 108.3 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average age of the building (representing 38.9 years old in 2014 and 30.0 years old in 2015; -22.7%)
  • An decrease in average distance from the station (representing 17.0 min in 2014 and 15.0 min in 2015; -11.8%)
  • A dramatic decrease in transactions involving older buildings over 40 years old (representing 66.7% of total transactions in 2014 and 25.0% of total transactions in 2015)

Causes of price decreases

  • A dramatic increase in transactions involving relatively old buildings under 40 years old (representing 33.3% of total transactions in 2014 and 50.0% of total transactions in 2015)

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)