Kintetsu Kyoto Line Home market overview

The average price of a sq.m Home of Kintetsu Kyoto Line (Takanohara to Yamatosaidaiji), in Oct, 2016 to Dec, 2016 was 189,726 JPY/sq.m. The market value represents a decrease of 20,042 JPY (-9.6%) compared to 1 year ago and a transition to a bear market. 10 properties exchanged hands ( The market value represents an increase of 3 (+42.9%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 21.8 years old (a -10.6% decrease compared to the 24.3 years old of last year.). The average size of the real estate was 216.5 sq.m (a -39.7% decrease compared to the 359.3 sq.m of last year.). The average total floor space of the real estate was 111.0 sq.m (a -34.7% decrease compared to the 170.0 sq.m of last year.).

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving relatively large total floor space more than 100 sq.m.

0 stations have experienced increased prices; 2 stations have experienced decreased prices. The market value decreased in all stations.

The top 1 stations has seen prices increase -22.0% (-78,025 JPY/sq.m). On the other hand, The bottom 1 stations has seen prices decrease -26.5% (-47,758 JPY/sq.m).


Cause of price increases

  • An decrease in average age of the building (representing 24.3 years old in 2015 and 21.8 years old in 2016; -10.6%)
  • An decrease in average distance from the station (representing 21.4 min in 2015 and 18.7 min in 2016; -12.7%)
  • A dramatic decrease in transactions involving older buildings over 40 years old (representing 28.6% of total transactions in 2015 and 20.0% of total transactions in 2016)

Causes of price decreases

  • A some increase in transactions involving relatively old buildings under 40 years old (representing 28.6% of total transactions in 2015 and 30.0% of total transactions in 2016)

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 Takanohara, the highest market value along this railway was 275,952 JPY/sq.m. The market value represents a decrease of 78,025 JPY (-22.0%) 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 price of a sq.m Home of Yamatosaidaiji, the lowest market value along this railway was 132,242 JPY/sq.m. The market value represents a decrease of 47,758 JPY (-26.5%) 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.).

Kintetsu Kyoto Line (Stations Home market overview)
Kintetsu Kyoto LineThis year(2016)1 year ago2 years ago
Takanohara275,952 JPY (8.3Y/210.0sq.m)353,977 JPY (22.8Y/480.0sq.m)219,338 JPY (31.3Y/215.0sq.m)
Heijou-40,425 JPY (38.8Y/860.0sq.m)208,333 JPY (18.1Y/276.7sq.m)
Yamatosaidaiji132,242 JPY (30.8Y/220.8sq.m)180,000 JPY (21.5Y/173.8sq.m)219,230 JPY (33.8Y/130.0sq.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

Takanohara275,952 JPY/sq.m (-22% compared with the previous year)

The average price of a sq.m Home of Takanohara was 275,952 JPY/sq.m. The market value represents a decrease of 78,025 JPY (-22.0%) 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 8.3 years old (a -63.7% decrease compared to the 22.8 years old of last year.). The average size of the real estate was 210.0 sq.m (a -56.2% decrease compared to the 480.0 sq.m of last year.). The average total floor space of the real estate was 117.5 sq.m (a -21.7% decrease compared to the 150.0 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average age of the building (representing 22.8 years old in 2015 and 8.3 years old in 2016; -63.7%)

Yamatosaidaiji132,242 JPY/sq.m (-27% compared with the previous year)

The average price of a sq.m Home of Yamatosaidaiji was 132,242 JPY/sq.m. The market value represents a decrease of 47,758 JPY (-26.5%) 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 30.8 years old (a +43.0% increase compared to the 21.5 years old of last year.). The average size of the real estate was 220.8 sq.m (a +27.1% increase compared to the 173.8 sq.m of last year.). The average total floor space of the real estate was 106.7 sq.m (a +1.6% increase compared to the 105.0 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 21.0 min in 2015 and 16.7 min in 2016; -20.6%)

Causes of price decreases

  • A dramatic increase in average age of the building (representing 21.5 years old in 2015 and 30.8 years old in 2016; +43.0%)
  • A dramatic increase in transactions involving relatively old buildings under 40 years old (representing 25.0% of total transactions in 2015 and 33.3% of total transactions in 2016)

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)