Kintetsu Kyoto Line Home market overview

The average price of a sq.m Home of Kintetsu Kyoto Line (Takanohara to Yamatosaidaiji), in Jan, 2014 to Dec, 2014 was 214,840 JPY/sq.m. The market value represents a decrease of 38,109 JPY (-15.1%) compared to 1 year ago and a transition to a weak market. 29 properties exchanged hands ( The market value represents a decrease of 24 (-45.3%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 23.5 years old (a +41.7% increase compared to the 16.5 years old of last year.). The average size of the real estate was 214.1 sq.m (a -17.4% decrease compared to the 259.3 sq.m of last year.). The average total floor space of the real estate was 119.1 sq.m (a -27.9% decrease compared to the 165.1 sq.m of last year.).

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving relatively old buildings under 40 years old, as well as a dramatic increase in transactions involving locations relatively far from the station less than twenty minutes by foot from the station.

1 stations have experienced increased prices; 2 stations have experienced decreased prices. Market value of most stations decreased. Yamatosaidaiji 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 +23.4% compared to last year; a sq.m unit now costs 217,498 JPY/sq.m.

The top 1 stations has seen prices increase +23.4% (+41,291 JPY/sq.m). On the other hand, The bottom 1 stations has seen prices decrease -43.0% (-157,041 JPY/sq.m).


Cause of price increases

  • A dramatic decrease in transactions involving older buildings over 40 years old (representing 9.4% of total transactions in 2013 and 4.0% of total transactions in 2014)
  • A dramatic increase in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 5.7% of total transactions in 2013 and 6.9% of total transactions in 2014)

Causes of price decreases

  • A dramatic increase in average age of the building (representing 16.5 years old in 2013 and 23.5 years old in 2014; +41.7%)
  • A dramatic increase in transactions involving relatively old buildings under 40 years old (representing 32.1% of total transactions in 2013 and 68.0% of total transactions in 2014)
  • A dramatic decrease in transactions involving nearly new buildings under 3 years old (representing 32.1% of total transactions in 2013 and 20.0% of total transactions in 2014)

Breakdown of each segment

The table below shows Home dealt in Kintetsu Kyoto 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 217,498 JPY/sq.m. The market value represents an increase of 41,291 JPY (+23.4%) compared to 1 year ago and a transition to a dramatic market. 13 properties exchanged hands ( The market value represents a decrease of 18 (-58.1%) compared to 1 year ago and a transition to a dramatic market.).

The average price of a sq.m Home of Heijou, the lowest market value along this railway was 208,333 JPY/sq.m. The market value represents a decrease of 157,041 JPY (-43.0%) 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.).

Kintetsu Kyoto Line (Stations Home market overview)
Kintetsu Kyoto LineThis year(2014)1 year ago2 years ago
Takanohara214,093 JPY (27.5Y/217.3sq.m)355,870 JPY (9.9Y/234.2sq.m)293,811 JPY (16.8Y/237.5sq.m)
Heijou208,333 JPY (18.1Y/276.7sq.m)365,375 JPY (3.0Y/368.8sq.m)254,201 JPY (6.6Y/190.8sq.m)
Yamatosaidaiji217,498 JPY (19.3Y/196.5sq.m)176,206 JPY (22.1Y/259.8sq.m)249,894 JPY (16.4Y/277.8sq.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

Yamatosaidaiji217,498 JPY/sq.m (+23% compared with the previous year)

The average price of a sq.m Home of Yamatosaidaiji was 217,498 JPY/sq.m. The market value represents an increase of 41,291 JPY (+23.4%) compared to 1 year ago and a transition to a dramatic market. 13 properties exchanged hands ( The market value represents a decrease of 18 (-58.1%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 19.3 years old (a -12.6% decrease compared to the 22.1 years old of last year.). The average size of the real estate was 196.5 sq.m (a -24.4% decrease compared to the 259.8 sq.m of last year.). The average total floor space of the real estate was 134.5 sq.m (a -30.2% decrease compared to the 192.7 sq.m of last year.).

Cause of price increases

  • An decrease in average age of the building (representing 22.1 years old in 2013 and 19.3 years old in 2014; -12.6%)
  • An decrease in average distance from the station (representing 16.7 min in 2013 and 14.6 min in 2014; -12.4%)
  • A dramatic increase in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 6.5% of total transactions in 2013 and 15.4% of total transactions in 2014)

Causes of price decreases

  • A dramatic increase in transactions involving relatively old buildings under 40 years old (representing 35.5% of total transactions in 2013 and 66.7% of total transactions in 2014)
  • A dramatic decrease in transactions involving nearly new buildings under 3 years old (representing 29.0% of total transactions in 2013 and 22.2% of total transactions in 2014)

Heijou208,333 JPY/sq.m (-43% compared with the previous year)

The average price of a sq.m Home of Heijou was 208,333 JPY/sq.m. The market value represents a decrease of 157,041 JPY (-43.0%) 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 18.1 years old (a +502.5% increase compared to the 3.0 years old of last year.). The average size of the real estate was 276.7 sq.m (a -25.0% decrease compared to the 368.8 sq.m of last year.). The average total floor space of the real estate was 93.3 sq.m (a -20.6% decrease compared to the 117.5 sq.m of last year.).

Causes of price decreases

  • A dramatic increase in average age of the building (representing 3.0 years old in 2013 and 18.1 years old in 2014; +502.5%)
  • A dramatic increase in average distance from the station (representing 17.2 min in 2013 and 22.0 min in 2014; +27.5%)
  • An decrease in transactions involving nearly new buildings under 3 years old (representing 75.0% of total transactions in 2013 and 66.7% 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)