Kintetsu Tawaramoto Line Home market overview

The average price of a sq.m Home of Kintetsu Tawaramoto Line (Oowada to Kuroda), in Jul, 2013 to Sep, 2013 was 171,392 JPY/sq.m. The market value represents a decrease of 20,453 JPY (-10.7%) compared to 1 year ago and a transition to a weak market. 6 properties exchanged hands ( The market value represents an increase of 1 (+20.0%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 13.9 years old (a -34.1% decrease compared to the 21.1 years old of last year.). The average size of the real estate was 289.2 sq.m (a -11.6% decrease compared to the 327.0 sq.m of last year.). The average total floor space of the real estate was 161.7 sq.m (a -63.3% decrease compared to the 441.0 sq.m of last year.).

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving locations more than twenty minutes by foot from the station, outside of walking distance.

1 stations have experienced increased prices; 1 stations have experienced decreased prices. Market value of most stations decreased. Oowada station has seen a price increase of over 10% compared to last year. The most dramatic price increase was at Oowada station, where prices have increased +12.6% compared to last year; a sq.m unit now costs 214,446 JPY/sq.m.

The top 1 stations has seen prices increase +12.6% (+23,980 JPY/sq.m). On the other hand, The bottom 1 stations has seen prices decrease -52.6% (-101,915 JPY/sq.m).


Cause of price increases

  • A dramatic decrease in average age of the building (representing 21.1 years old in 2012 and 13.9 years old in 2013; -34.1%)

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 15.0 min in 2012 and 20.0 min in 2013; +33.3%)
  • A slight decrease in transactions involving nearly new buildings under 3 years old (representing 40.0% of total transactions in 2012 and 40.0% of total transactions in 2013)

Breakdown of each segment

The table below shows Home dealt in Kintetsu Tawaramoto 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 Oowada, the highest market value along this railway was 214,446 JPY/sq.m. The market value represents an increase of 23,980 JPY (+12.6%) compared to 1 year ago and a transition to a bull market. 4 properties exchanged hands ( The market value represents an increase of 1 (+33.3%) compared to 1 year ago and a transition to a dramatic market.).

The average price of a sq.m Home of Ikebe, the lowest market value along this railway was 92,000 JPY/sq.m. The market value represents a decrease of 101,915 JPY (-52.6%) compared to 1 year ago and a transition to a dramatic market. 1 properties exchanged hands ( The market value represents a decrease of 1 (-50.0%) compared to 1 year ago and a transition to a dramatic market.).

Kintetsu Tawaramoto Line (Stations Home market overview)
Kintetsu Tawaramoto LineThis year(2013)1 year ago2 years ago
Oowada214,446 JPY (13.0Y/236.2sq.m)190,466 JPY (28.9Y/381.7sq.m)164,564 JPY (34.0Y/235.0sq.m)
Samitagawa--167,910 JPY (21.3Y/197.5sq.m)
Ikebe92,000 JPY (0.0Y/590.0sq.m)193,915 JPY (9.5Y/245.0sq.m)-
Hashio--168,421 JPY (7.5Y/155.0sq.m)
Tajima---
Kuroda---
*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

Oowada214,446 JPY/sq.m (+13% compared with the previous year)

The average price of a sq.m Home of Oowada was 214,446 JPY/sq.m. The market value represents an increase of 23,980 JPY (+12.6%) compared to 1 year ago and a transition to a bull market. 4 properties exchanged hands ( The market value represents an increase of 1 (+33.3%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 13.0 years old (a -54.9% decrease compared to the 28.9 years old of last year.). The average size of the real estate was 236.2 sq.m (a -38.1% decrease compared to the 381.7 sq.m of last year.). The average total floor space of the real estate was 145.0 sq.m (a -76.6% decrease compared to the 620.0 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average age of the building (representing 28.9 years old in 2012 and 13.0 years old in 2013; -54.9%)
  • A dramatic increase in transactions involving nearly new buildings under 3 years old (representing 33.3% of total transactions in 2012 and 50.0% of total transactions in 2013)

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 12.7 min in 2012 and 19.8 min in 2013; +55.9%)

Ikebe92,000 JPY/sq.m (-53% compared with the previous year)

The average price of a sq.m Home of Ikebe was 92,000 JPY/sq.m. The market value represents a decrease of 101,915 JPY (-52.6%) compared to 1 year ago and a transition to a dramatic market. 1 properties exchanged hands ( The market value represents a decrease of 1 (-50.0%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 590.0 sq.m (a +140.8% increase compared to the 245.0 sq.m of last year.). The average total floor space of the real estate was 250.0 sq.m (a +44.9% increase compared to the 172.5 sq.m of last year.).

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 18.5 min in 2012 and 28.0 min in 2013; +51.4%)

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)