Kintetsu Osaka Line Home market overview

The average price of a sq.m Home of Kintetsu Osaka Line (Sekiya to Sannbonnmatsu), in Oct, 2013 to Dec, 2013 was 166,395 JPY/sq.m. The market value represents a decrease of 29,136 JPY (-14.9%) compared to 1 year ago and a transition to a weak market. 55 properties exchanged hands ( The market value represents a decrease of 11 (-16.7%) compared to 1 year ago and a transition to a weak market.).

The average age of the real estate was 14.1 years old (a +7.7% increase compared to the 13.1 years old of last year.). The average size of the real estate was 219.2 sq.m (a -2.9% decrease compared to the 225.8 sq.m of last year.). The average total floor space of the real estate was 130.1 sq.m (a -15.9% decrease compared to the 154.7 sq.m of last year.).

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving relatively new buildings under 20 years old, as well as a dramatic increase in transactions involving very large size more than 200 sq.m.

6 stations have experienced increased prices; 6 stations have experienced decreased prices. Market value of most stations decreased. Sekiya, Tsukiyama, Masuga, Yamatoyagi station has seen a price increase of over 20% compared to last year. The most dramatic price increase was at Yamatoasakura station, where prices have increased +532.6% compared to last year; a sq.m unit now costs 69,583 JPY/sq.m.

The top 2 stations has seen prices increase +354.8% (+62,221 JPY/sq.m). On the other hand, The bottom 2 stations has seen prices decrease -58.7% (-168,717 JPY/sq.m).


Cause of price increases

  • A dramatic decrease in transactions involving older buildings over 40 years old (representing 7.8% of total transactions in 2012 and 1.9% of total transactions in 2013)
  • A dramatic increase in transactions involving locations near to the station less than three minutes by foot from the station (representing 1.5% of total transactions in 2012 and 1.8% of total transactions in 2013)

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 15.6 min in 2012 and 20.5 min in 2013; +31.6%)
  • A dramatic increase in transactions involving relatively old buildings under 40 years old (representing 21.9% of total transactions in 2012 and 28.8% of total transactions in 2013)
  • A dramatic decrease in transactions involving nearly new buildings under 3 years old (representing 35.9% of total transactions in 2012 and 21.2% of total transactions in 2013)

Breakdown of each segment

The table below shows Home dealt in Kintetsu Osaka 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 Masuga, the highest market value along this railway was 248,225 JPY/sq.m. The market value represents an increase of 75,326 JPY (+43.6%) compared to 1 year ago and a transition to a dramatic market. 4 properties exchanged hands (It was the same as last year.).

The average price of a sq.m Home of Miminashi, the lowest market value along this railway was 66,349 JPY/sq.m. The market value represents a decrease of 253,216 JPY (-79.2%) compared to 1 year ago and a transition to a dramatic market. 3 properties exchanged hands ( The market value represents an increase of 1 (+50.0%) compared to 1 year ago and a transition to a dramatic market.).

Kintetsu Osaka Line (Stations Home market overview)
Kintetsu Osaka LineThis year(2013)1 year ago2 years ago
Sekiya247,619 JPY (-0.2Y/130.0sq.m)186,232 JPY (13.0Y/287.9sq.m)159,960 JPY (15.8Y/180.0sq.m)
Nijou201,090 JPY (12.1Y/260.8sq.m)254,731 JPY (5.6Y/144.4sq.m)245,785 JPY (7.9Y/211.7sq.m)
Kinntetsushimoda-130,000 JPY (25.3Y/167.5sq.m)110,836 JPY (32.8Y/132.5sq.m)
Goidou220,418 JPY (17.1Y/193.3sq.m)248,106 JPY (10.8Y/190.4sq.m)251,833 JPY (8.3Y/167.5sq.m)
Tsukiyama139,401 JPY (16.0Y/134.2sq.m)97,047 JPY (21.2Y/125.0sq.m)145,897 JPY (15.4Y/133.3sq.m)
Yamatotakada136,133 JPY (15.8Y/152.0sq.m)220,352 JPY (6.0Y/502.5sq.m)221,142 JPY (6.1Y/176.7sq.m)
Matsuduka---
Masuga248,225 JPY (9.8Y/166.2sq.m)172,898 JPY (16.3Y/116.2sq.m)121,590 JPY (28.3Y/91.2sq.m)
Yamatoyagi219,206 JPY (6.3Y/111.2sq.m)152,155 JPY (34.3Y/115.0sq.m)236,139 JPY (9.3Y/152.1sq.m)
Miminashi66,349 JPY (20.3Y/146.7sq.m)319,565 JPY (0.8Y/180.0sq.m)213,164 JPY (14.4Y/181.0sq.m)
Daifuku195,223 JPY (16.3Y/277.5sq.m)205,436 JPY (7.3Y/193.3sq.m)-
Sakurai132,079 JPY (10.4Y/262.0sq.m)174,545 JPY (13.1Y/403.3sq.m)222,407 JPY (16.4Y/496.7sq.m)
Yamatoasakura69,583 JPY (9.3Y/207.5sq.m)11,000 JPY (20.8Y/230.0sq.m)220,000 JPY (0.8Y/145.0sq.m)
Hasedera97,826 JPY (21.8Y/1800.0sq.m)-116,923 JPY (29.8Y/350.0sq.m)
Haibara103,074 JPY (19.0Y/171.2sq.m)37,216 JPY (29.8Y/465.0sq.m)112,955 JPY (20.9Y/484.0sq.m)
Murouguchioono--58,333 JPY (0.0Y/830.0sq.m)
Sannbonnmatsu---
*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

Yamatoasakura69,583 JPY/sq.m (+533% compared with the previous year)

The average price of a sq.m Home of Yamatoasakura was 69,583 JPY/sq.m. The market value represents an increase of 58,583 JPY (+532.6%) compared to 1 year ago and a transition to a dramatic market. 2 properties exchanged hands ( The market value represents an increase of 1 (+100.0%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 9.3 years old (a -55.4% decrease compared to the 20.8 years old of last year.). The average size of the real estate was 207.5 sq.m (a -9.8% decrease compared to the 230.0 sq.m of last year.). The average total floor space of the real estate was 135.0 sq.m (a -32.5% decrease compared to the 200.0 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average age of the building (representing 20.8 years old in 2012 and 9.3 years old in 2013; -55.4%)
  • A dramatic decrease in average distance from the station (representing 30.0 min in 2012 and 24.0 min in 2013; -20.0%)

Haibara103,074 JPY/sq.m (+177% compared with the previous year)

The average price of a sq.m Home of Haibara was 103,074 JPY/sq.m. The market value represents an increase of 65,859 JPY (+177.0%) 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 19.0 years old (a -36.1% decrease compared to the 29.8 years old of last year.). The average size of the real estate was 171.2 sq.m (a -63.2% decrease compared to the 465.0 sq.m of last year.). The average total floor space of the real estate was 100.0 sq.m (a -56.5% decrease compared to the 230.0 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average age of the building (representing 29.8 years old in 2012 and 19.0 years old in 2013; -36.1%)
  • A dramatic decrease in transactions involving relatively old buildings under 40 years old (representing 100.0% of total transactions in 2012 and 50.0% of total transactions in 2013)

Causes of price decreases

  • An increase in average distance from the station (representing 75.0 min in 2012 and 84.8 min in 2013; +13.0%)

Miminashi66,349 JPY/sq.m (-79% compared with the previous year)

The average price of a sq.m Home of Miminashi was 66,349 JPY/sq.m. The market value represents a decrease of 253,216 JPY (-79.2%) compared to 1 year ago and a transition to a dramatic market. 3 properties exchanged hands ( The market value represents an increase of 1 (+50.0%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 20.3 years old (a +2585.1% increase compared to the 0.8 years old of last year.). The average size of the real estate was 146.7 sq.m (a -18.5% decrease compared to the 180.0 sq.m of last year.). The average total floor space of the real estate was 141.7 sq.m (a +25.9% increase compared to the 112.5 sq.m of last year.).

Causes of price decreases

  • A dramatic increase in average age of the building (representing 0.8 years old in 2012 and 20.3 years old in 2013; +2585.1%)
  • An increase in average distance from the station (representing 11.5 min in 2012 and 13.0 min in 2013; +13.0%)

Yamatotakada136,133 JPY/sq.m (-38% compared with the previous year)

The average price of a sq.m Home of Yamatotakada was 136,133 JPY/sq.m. The market value represents a decrease of 84,219 JPY (-38.2%) compared to 1 year ago and a transition to a dramatic market. 5 properties exchanged hands ( The market value represents an increase of 1 (+25.0%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 15.8 years old (a +162.4% increase compared to the 6.0 years old of last year.). The average size of the real estate was 152.0 sq.m (a -69.8% decrease compared to the 502.5 sq.m of last year.). The average total floor space of the real estate was 115.0 sq.m (a -64.3% decrease compared to the 322.5 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 21.0 min in 2012 and 15.8 min in 2013; -24.8%)

Causes of price decreases

  • A dramatic increase in average age of the building (representing 6.0 years old in 2012 and 15.8 years old in 2013; +162.4%)
  • A dramatic increase in transactions involving relatively old buildings under 40 years old (representing 25.0% of total transactions in 2012 and 40.0% of total transactions in 2013)

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)