Kintetsu Keihanna Line Home market overview

The average price of a sq.m Home of Kintetsu Keihanna Line (Ikoma to Gakkennnaratomigaoka), in Jan, 2014 to Mar, 2014 was 256,478 JPY/sq.m. The market value represents a decrease of 37,652 JPY (-12.8%) compared to 1 year ago and a transition to a weak market. 23 properties exchanged hands ( The market value represents a decrease of 13 (-36.1%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 17.6 years old (a +37.0% increase compared to the 12.9 years old of last year.). The average size of the real estate was 197.2 sq.m (a -15.8% decrease compared to the 234.3 sq.m of last year.). The average total floor space of the real estate was 110.0 sq.m (a -11.9% decrease compared to the 124.9 sq.m of last year.).

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

0 stations have experienced increased prices; 4 stations have experienced decreased prices. The market value decreased in all stations. Shiraniwadai station has seen a price decrease of over 20% compared to last year. The most dramatic price increase was at Ikoma station, where prices have decreased -35.7% compared to last year; a sq.m unit now costs 170,373 JPY/sq.m.

The top 1 stations has seen prices increase -0.6% (-1,813 JPY/sq.m). On the other hand, The bottom 1 stations has seen prices decrease -35.7% (-94,661 JPY/sq.m).


Cause of price increases

  • A dramatic decrease in transactions involving relatively old buildings under 40 years old (representing 34.3% of total transactions in 2013 and 27.3% of total transactions in 2014)

Causes of price decreases

  • A dramatic increase in average age of the building (representing 12.9 years old in 2013 and 17.6 years old in 2014; +37.0%)
  • A dramatic increase in transactions involving older buildings over 40 years old (representing 5.7% of total transactions in 2013 and 18.2% of total transactions in 2014)
  • An decrease in transactions involving nearly new buildings under 3 years old (representing 54.3% of total transactions in 2013 and 45.5% of total transactions in 2014)

Breakdown of each segment

The table below shows Home dealt in Kintetsu Keihanna 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 Shiraniwadai, the highest market value along this railway was 309,184 JPY/sq.m. The market value represents a decrease of 1,813 JPY (-0.6%) compared to 1 year ago and a transition to a slight market. 8 properties exchanged hands ( The market value represents a decrease of 4 (-33.3%) compared to 1 year ago and a transition to a dramatic market.).

The average price of a sq.m Home of Ikoma, the lowest market value along this railway was 170,373 JPY/sq.m. The market value represents a decrease of 94,661 JPY (-35.7%) compared to 1 year ago and a transition to a dramatic market. 6 properties exchanged hands (It was the same as last year.).

Kintetsu Keihanna Line (Stations Home market overview)
Kintetsu Keihanna LineThis year(2014)1 year ago2 years ago
Ikoma170,373 JPY (19.6Y/169.2sq.m)265,034 JPY (9.0Y/155.0sq.m)187,875 JPY (22.4Y/239.4sq.m)
Shiraniwadai309,184 JPY (8.0Y/202.5sq.m)310,996 JPY (10.9Y/230.4sq.m)288,434 JPY (12.2Y/225.4sq.m)
Gakkennkitaikoma194,146 JPY (32.0Y/210.0sq.m)224,554 JPY (24.9Y/327.5sq.m)238,178 JPY (27.3Y/237.0sq.m)
Gakkennnaratomigaoka287,856 JPY (23.2Y/211.4sq.m)326,598 JPY (10.7Y/231.2sq.m)229,016 JPY (15.4Y/185.0sq.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

Shiraniwadai309,184 JPY/sq.m (-1% compared with the previous year)

The average price of a sq.m Home of Shiraniwadai was 309,184 JPY/sq.m. The market value represents a decrease of 1,813 JPY (-0.6%) compared to 1 year ago and a transition to a slight market. 8 properties exchanged hands ( The market value represents a decrease of 4 (-33.3%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 8.0 years old (a -26.3% decrease compared to the 10.9 years old of last year.). The average size of the real estate was 202.5 sq.m (a -12.1% decrease compared to the 230.4 sq.m of last year.). The average total floor space of the real estate was 115.0 sq.m (a +1.5% increase compared to the 113.3 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average age of the building (representing 10.9 years old in 2013 and 8.0 years old in 2014; -26.3%)
  • An increase in transactions involving nearly new buildings under 3 years old (representing 63.6% of total transactions in 2013 and 75.0% of total transactions in 2014)

Ikoma170,373 JPY/sq.m (-36% compared with the previous year)

The average price of a sq.m Home of Ikoma was 170,373 JPY/sq.m. The market value represents a decrease of 94,661 JPY (-35.7%) compared to 1 year ago and a transition to a dramatic market. 6 properties exchanged hands (It was the same as last year.).

The average age of the real estate was 19.6 years old (a +117.8% increase compared to the 9.0 years old of last year.). The average size of the real estate was 169.2 sq.m (a +9.1% increase compared to the 155.0 sq.m of last year.). The average total floor space of the real estate was 82.5 sq.m (a -23.3% 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 9.0 years old in 2013 and 19.6 years old in 2014; +117.8%)
  • A dramatic increase in average distance from the station (representing 14.3 min in 2013 and 18.2 min in 2014; +26.7%)
  • A dramatic decrease in transactions involving nearly new buildings under 3 years old (representing 66.7% of total transactions in 2013 and 40.0% 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)