Kintetsu Kyoto Line Home market overview

The average price of a sq.m Home of Kintetsu Kyoto Line (Takanohara to Yamatosaidaiji), in Jan, 2017 to Mar, 2017 was 275,615 JPY/sq.m. The market value represents an increase of 113,917 JPY (+70.5%) compared to 1 year ago and a transition to a dramatic market. 5 properties exchanged hands ( The market value represents a decrease of 3 (-37.5%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 32.3 years old (a +35.8% increase compared to the 23.8 years old of last year.). The average size of the real estate was 177.0 sq.m (a -22.0% decrease compared to the 226.9 sq.m of last year.). The average total floor space of the real estate was 110.0 sq.m (a -24.1% decrease compared to the 145.0 sq.m of last year.).

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving very large size more than 200 sq.m.

2 stations have experienced increased prices; 0 stations have experienced decreased prices. The overall trend was toward increased prices. Takanohara 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 +104.3% compared to last year; a sq.m unit now costs 316,615 JPY/sq.m.

The top 1 stations has seen prices increase +104.3% (+161,650 JPY/sq.m). On the other hand, The bottom 1 stations has seen prices decrease +29.0% (+52,718 JPY/sq.m).


Cause of price increases

  • A dramatic decrease in average distance from the station (representing 18.2 min in 2016 and 13.0 min in 2017; -28.8%)
  • A dramatic decrease in transactions involving relatively old buildings under 40 years old (representing 62.5% of total transactions in 2016 and 50.0% of total transactions in 2017)

Causes of price decreases

  • A dramatic increase in average age of the building (representing 23.8 years old in 2016 and 32.3 years old in 2017; +35.8%)
  • A dramatic increase in transactions involving older buildings over 40 years old (representing 12.5% of total transactions in 2016 and 25.0% of total transactions in 2017)

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 316,615 JPY/sq.m. The market value represents an increase of 161,650 JPY (+104.3%) compared to 1 year ago and a transition to a dramatic market. 2 properties exchanged hands ( The market value represents a decrease of 4 (-66.7%) compared to 1 year ago and a transition to a dramatic market.).

The average price of a sq.m Home of Takanohara, the lowest market value along this railway was 234,615 JPY/sq.m. The market value represents an increase of 52,718 JPY (+29.0%) compared to 1 year ago and a transition to a dramatic market. 2 properties exchanged hands (It was the same as last year.).

Kintetsu Kyoto Line (Stations Home market overview)
Kintetsu Kyoto LineThis year(2017)1 year ago2 years ago
Takanohara234,615 JPY (23.0Y/190.0sq.m)181,896 JPY (31.0Y/225.0sq.m)299,718 JPY (18.7Y/416.7sq.m)
Heijou---
Yamatosaidaiji316,615 JPY (41.5Y/220.0sq.m)154,966 JPY (21.3Y/227.5sq.m)158,870 JPY (20.7Y/171.7sq.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

Yamatosaidaiji316,615 JPY/sq.m (+104% compared with the previous year)

The average price of a sq.m Home of Yamatosaidaiji was 316,615 JPY/sq.m. The market value represents an increase of 161,650 JPY (+104.3%) compared to 1 year ago and a transition to a dramatic market. 2 properties exchanged hands ( The market value represents a decrease of 4 (-66.7%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 41.5 years old (a +94.5% increase compared to the 21.3 years old of last year.). The average size of the real estate was 220.0 sq.m (a -3.3% decrease compared to the 227.5 sq.m of last year.). The average total floor space of the real estate was 95.0 sq.m (a -37.7% decrease compared to the 152.5 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 18.0 min in 2016 and 11.5 min in 2017; -36.1%)
  • A slight decrease in transactions involving relatively old buildings under 40 years old (representing 50.0% of total transactions in 2016 and 50.0% of total transactions in 2017)

Causes of price decreases

  • A dramatic increase in average age of the building (representing 21.3 years old in 2016 and 41.5 years old in 2017; +94.5%)
  • A dramatic increase in transactions involving older buildings over 40 years old (representing 16.7% of total transactions in 2016 and 50.0% of total transactions in 2017)

Takanohara234,615 JPY/sq.m (+29% compared with the previous year)

The average price of a sq.m Home of Takanohara was 234,615 JPY/sq.m. The market value represents an increase of 52,718 JPY (+29.0%) compared to 1 year ago and a transition to a dramatic market. 2 properties exchanged hands (It was the same as last year.).

The average age of the real estate was 23.0 years old (a -25.8% decrease compared to the 31.0 years old of last year.). The average size of the real estate was 190.0 sq.m (a -15.6% decrease compared to the 225.0 sq.m of last year.). The average total floor space of the real estate was 125.0 sq.m (a +2.0% increase compared to the 122.5 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average age of the building (representing 31.0 years old in 2016 and 23.0 years old in 2017; -25.8%)
  • A dramatic decrease in transactions involving relatively old buildings under 40 years old (representing 100.0% of total transactions in 2016 and 50.0% of total transactions in 2017)

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)