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 Dec, 2014 was 238,691 JPY/sq.m. The market value represents a decrease of 44,515 JPY (-15.7%) compared to 1 year ago and a transition to a weak market. 96 properties exchanged hands ( The market value represents a decrease of 63 (-39.6%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 20.8 years old (a +28.2% increase compared to the 16.2 years old of last year.). The average size of the real estate was 265.4 sq.m (a +3.6% increase compared to the 256.3 sq.m of last year.). The average total floor space of the real estate was 154.2 sq.m (a +13.5% increase compared to the 135.9 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 relatively new buildings under 20 years old.

1 stations have experienced increased prices; 3 stations have experienced decreased prices. Market value of most stations decreased. Gakkennkitaikoma 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 -20.6% compared to last year; a sq.m unit now costs 164,482 JPY/sq.m.

The top 1 stations has seen prices increase +0.0% (+108 JPY/sq.m). On the other hand, The bottom 1 stations has seen prices decrease -20.6% (-42,637 JPY/sq.m).


Causes of price decreases

  • A dramatic increase in average age of the building (representing 16.2 years old in 2013 and 20.8 years old in 2014; +28.2%)
  • A dramatic decrease in transactions involving nearly new buildings under 3 years old (representing 42.3% of total transactions in 2013 and 24.2% of total transactions in 2014)
  • An increase in transactions involving relatively old buildings under 40 years old (representing 34.0% of total transactions in 2013 and 40.7% 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 350,421 JPY/sq.m. The market value represents an increase of 108 JPY (+0.0%) compared to 1 year ago and a transition to a slight market. 20 properties exchanged hands ( The market value represents a decrease of 22 (-52.4%) 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 164,482 JPY/sq.m. The market value represents a decrease of 42,637 JPY (-20.6%) compared to 1 year ago and a transition to a dramatic market. 29 properties exchanged hands ( The market value represents a decrease of 17 (-37.0%) compared to 1 year ago and a transition to a dramatic market.).

Kintetsu Keihanna Line (Stations Home market overview)
Kintetsu Keihanna LineThis year(2014)1 year ago2 years ago
Ikoma164,482 JPY (23.2Y/299.5sq.m)207,119 JPY (22.7Y/219.1sq.m)200,776 JPY (20.5Y/264.5sq.m)
Shiraniwadai350,421 JPY (12.1Y/251.0sq.m)350,312 JPY (7.6Y/204.6sq.m)334,256 JPY (9.0Y/249.8sq.m)
Gakkennkitaikoma217,280 JPY (23.6Y/270.7sq.m)222,997 JPY (23.1Y/409.7sq.m)234,437 JPY (23.2Y/244.6sq.m)
Gakkennnaratomigaoka254,652 JPY (22.4Y/234.2sq.m)318,313 JPY (14.6Y/274.7sq.m)266,548 JPY (11.8Y/309.8sq.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

Shiraniwadai350,421 JPY/sq.m (+0% compared with the previous year)

The average price of a sq.m Home of Shiraniwadai was 350,421 JPY/sq.m. The market value represents an increase of 108 JPY (+0.0%) compared to 1 year ago and a transition to a slight market. 20 properties exchanged hands ( The market value represents a decrease of 22 (-52.4%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 12.1 years old (a +59.4% increase compared to the 7.6 years old of last year.). The average size of the real estate was 251.0 sq.m (a +22.7% increase compared to the 204.6 sq.m of last year.). The average total floor space of the real estate was 110.5 sq.m (a -4.1% decrease compared to the 115.2 sq.m of last year.).

Cause of price increases

  • A dramatic increase in transactions involving recently constructed buildings under 6 years old (representing 2.5% of total transactions in 2013 and 5.3% of total transactions in 2014)

Causes of price decreases

  • A dramatic increase in average age of the building (representing 7.6 years old in 2013 and 12.1 years old in 2014; +59.4%)
  • A dramatic increase in average distance from the station (representing 11.5 min in 2013 and 15.2 min in 2014; +32.1%)
  • A dramatic decrease in transactions involving nearly new buildings under 3 years old (representing 65.0% of total transactions in 2013 and 42.1% of total transactions in 2014)
  • A dramatic increase in transactions involving relatively old buildings under 40 years old (representing 22.5% of total transactions in 2013 and 31.6% of total transactions in 2014)

Ikoma164,482 JPY/sq.m (-21% compared with the previous year)

The average price of a sq.m Home of Ikoma was 164,482 JPY/sq.m. The market value represents a decrease of 42,637 JPY (-20.6%) compared to 1 year ago and a transition to a dramatic market. 29 properties exchanged hands ( The market value represents a decrease of 17 (-37.0%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 23.2 years old (a +2.1% increase compared to the 22.7 years old of last year.). The average size of the real estate was 299.5 sq.m (a +36.7% increase compared to the 219.1 sq.m of last year.). The average total floor space of the real estate was 198.3 sq.m (a +51.3% increase compared to the 131.1 sq.m of last year.).

Cause of price increases

  • A some decrease in transactions involving relatively old buildings under 40 years old (representing 35.6% of total transactions in 2013 and 32.1% of total transactions in 2014)

Causes of price decreases

  • A dramatic increase in transactions involving older buildings over 40 years old (representing 22.2% of total transactions in 2013 and 28.6% of total transactions in 2014)
  • A dramatic decrease in transactions involving nearly new buildings under 3 years old (representing 31.1% of total transactions in 2013 and 17.9% 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)