Kintetsu Kashihara Line Home market overview

The average price of a sq.m Home of Kintetsu Kashihara Line (Yamatosaidaiji to Kashiharajinnguumae), in Apr, 2016 to Jun, 2016 was 204,420 JPY/sq.m. The market value represents an increase of 73,847 JPY (+56.6%) compared to 1 year ago and a transition to a dramatic market. 44 properties exchanged hands ( The market value represents an increase of 19 (+76.0%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 16.4 years old (a -44.0% decrease compared to the 29.2 years old of last year.). The average size of the real estate was 281.8 sq.m (a +19.9% increase compared to the 235.0 sq.m of last year.). The average total floor space of the real estate was 214.7 sq.m (a +19.0% increase compared to the 180.4 sq.m of last year.).

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving nearly new buildings under 3 years old, as well as a dramatic increase in transactions involving relatively large size more than 100 sq.m.

6 stations have experienced increased prices; 2 stations have experienced decreased prices. Market value of most stations decreased. Amagatsuji, Nishinokyou station has seen a price increase of over 20% compared to last year. The most dramatic price increase was at Yuuzaki station, where prices have increased +287.5% compared to last year; a sq.m unit now costs 228,107 JPY/sq.m.

The top 2 stations has seen prices increase +238.6% (+204,429 JPY/sq.m). On the other hand, The bottom 2 stations has seen prices decrease -25.0% (-66,392 JPY/sq.m).


Cause of price increases

  • A dramatic decrease in average age of the building (representing 29.2 years old in 2015 and 16.4 years old in 2016; -44.0%)
  • An decrease in average distance from the station (representing 13.0 min in 2015 and 11.3 min in 2016; -13.0%)
  • A dramatic increase in transactions involving nearly new buildings under 3 years old (representing 19.0% of total transactions in 2015 and 46.3% of total transactions in 2016)
  • A dramatic decrease in transactions involving relatively old buildings under 40 years old (representing 57.1% of total transactions in 2015 and 34.1% of total transactions in 2016)

Causes of price decreases

  • A dramatic decrease in transactions involving locations near to the station less than three minutes by foot from the station (representing 8.0% of total transactions in 2015 and 4.5% of total transactions in 2016)
  • A dramatic decrease in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 8.0% of total transactions in 2015 and 4.5% of total transactions in 2016)

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 Yamatoyagi, the highest market value along this railway was 366,000 JPY/sq.m. The market value represents an increase of 239,615 JPY (+189.6%) compared to 1 year ago and a transition to a dramatic market. 3 properties exchanged hands ( The market value represents a decrease of 1 (-25.0%) 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 158,963 JPY/sq.m. The market value represents a decrease of 107,703 JPY (-40.4%) 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.).

Kintetsu Kashihara Line (Stations Home market overview)
Kintetsu Kashihara LineThis year(2016)1 year ago2 years ago
Yamatosaidaiji171,925 JPY (29.1Y/513.0sq.m)71,919 JPY (34.3Y/98.3sq.m)400,000 JPY (0.3Y/237.5sq.m)
Amagatsuji215,682 JPY (16.3Y/140.0sq.m)153,993 JPY (30.5Y/123.8sq.m)211,962 JPY (5.8Y/170.0sq.m)
Nishinokyou220,476 JPY (12.0Y/160.0sq.m)121,071 JPY (43.5Y/272.5sq.m)173,786 JPY (40.3Y/278.3sq.m)
Kujou167,518 JPY (18.3Y/214.0sq.m)71,589 JPY (32.3Y/121.7sq.m)187,618 JPY (14.8Y/235.0sq.m)
Kinntetsukooriyama259,383 JPY (8.9Y/268.3sq.m)-150,952 JPY (28.3Y/248.8sq.m)
Tsutsui46,116 JPY (31.8Y/226.7sq.m)-320,000 JPY (0.3Y/130.0sq.m)
Hirahata---
Yuuzaki228,107 JPY (20.0Y/158.8sq.m)58,864 JPY (32.8Y/132.5sq.m)215,078 JPY (23.3Y/202.5sq.m)
Iwami--142,857 JPY (1.3Y/130.0sq.m)
Tawaramoto209,937 JPY (18.9Y/540.0sq.m)-57,142 JPY (42.3Y/282.5sq.m)
Kasanui--170,000 JPY (1.3Y/120.0sq.m)
Ninokuchi158,963 JPY (10.3Y/138.3sq.m)266,666 JPY (0.3Y/145.0sq.m)248,621 JPY (3.6Y/166.7sq.m)
Yamatoyagi366,000 JPY (0.3Y/198.3sq.m)126,385 JPY (10.8Y/183.8sq.m)107,894 JPY (27.4Y/295.0sq.m)
Yaginishiguchi---
Unebigoryoumae194,324 JPY (16.8Y/610.0sq.m)-180,952 JPY (0.3Y/115.0sq.m)
Kashiharajinnguumae236,824 JPY (6.6Y/171.7sq.m)261,904 JPY (14.8Y/177.5sq.m)83,913 JPY (29.8Y/117.5sq.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

Yuuzaki228,107 JPY/sq.m (+288% compared with the previous year)

The average price of a sq.m Home of Yuuzaki was 228,107 JPY/sq.m. The market value represents an increase of 169,244 JPY (+287.5%) compared to 1 year ago and a transition to a dramatic market. 4 properties exchanged hands ( The market value represents an increase of 2 (+100.0%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 20.0 years old (a -38.9% decrease compared to the 32.8 years old of last year.). The average size of the real estate was 158.8 sq.m (a +19.8% increase compared to the 132.5 sq.m of last year.). The average total floor space of the real estate was 108.8 sq.m (a +40.3% increase compared to the 77.5 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average age of the building (representing 32.8 years old in 2015 and 20.0 years old in 2016; -38.9%)
  • An decrease in average distance from the station (representing 8.0 min in 2015 and 7.0 min in 2016; -12.5%)
  • A dramatic decrease in transactions involving relatively old buildings under 40 years old (representing 50.0% of total transactions in 2015 and 25.0% of total transactions in 2016)

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 50.0% of total transactions in 2015 and 25.0% of total transactions in 2016)

Yamatoyagi366,000 JPY/sq.m (+190% compared with the previous year)

The average price of a sq.m Home of Yamatoyagi was 366,000 JPY/sq.m. The market value represents an increase of 239,615 JPY (+189.6%) compared to 1 year ago and a transition to a dramatic market. 3 properties exchanged hands ( The market value represents a decrease of 1 (-25.0%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 0.3 years old (a -97.7% decrease compared to the 10.8 years old of last year.). The average size of the real estate was 198.3 sq.m (a +7.9% increase compared to the 183.8 sq.m of last year.). The average total floor space of the real estate was 108.3 sq.m (a -17.5% decrease compared to the 131.2 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average age of the building (representing 10.8 years old in 2015 and 0.3 years old in 2016; -97.7%)
  • A dramatic decrease in average distance from the station (representing 18.0 min in 2015 and 13.3 min in 2016; -25.9%)
  • A dramatic increase in transactions involving nearly new buildings under 3 years old (representing 50.0% of total transactions in 2015 and 100.0% of total transactions in 2016)

Ninokuchi158,963 JPY/sq.m (-40% compared with the previous year)

The average price of a sq.m Home of Ninokuchi was 158,963 JPY/sq.m. The market value represents a decrease of 107,703 JPY (-40.4%) 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 10.3 years old (a +3970.1% increase compared to the 0.3 years old of last year.). The average size of the real estate was 138.3 sq.m (a -4.6% decrease compared to the 145.0 sq.m of last year.). The average total floor space of the real estate was 85.0 sq.m (a -19.0% decrease compared to the 105.0 sq.m of last year.).

Causes of price decreases

  • A dramatic increase in average age of the building (representing 0.3 years old in 2015 and 10.3 years old in 2016; +3970.1%)
  • A dramatic increase in average distance from the station (representing 1.0 min in 2015 and 9.7 min in 2016; +866.7%)
  • A dramatic decrease in transactions involving nearly new buildings under 3 years old (representing 100.0% of total transactions in 2015 and 50.0% of total transactions in 2016)

Kashiharajinnguumae236,824 JPY/sq.m (-10% compared with the previous year)

The average price of a sq.m Home of Kashiharajinnguumae was 236,824 JPY/sq.m. The market value represents a decrease of 25,080 JPY (-9.6%) compared to 1 year ago and a transition to a bear market. 3 properties exchanged hands ( The market value represents an increase of 1 (+50.0%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 6.6 years old (a -55.4% decrease compared to the 14.8 years old of last year.). The average size of the real estate was 171.7 sq.m (a -3.3% decrease compared to the 177.5 sq.m of last year.). The average total floor space of the real estate was 131.7 sq.m (a +25.4% increase compared to the 105.0 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average age of the building (representing 14.8 years old in 2015 and 6.6 years old in 2016; -55.4%)
  • A dramatic increase in transactions involving nearly new buildings under 3 years old (representing 50.0% of total transactions in 2015 and 66.7% of total transactions in 2016)

Causes of price decreases

  • An increase in average distance from the station (representing 12.0 min in 2015 and 14.0 min in 2016; +16.7%)

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)