Kintetsu Tawaramoto Line Home market overview

The average price of a sq.m Home of Kintetsu Tawaramoto Line (Oowada to Kuroda), in Oct, 2013 to Dec, 2013 was 201,199 JPY/sq.m. The market value represents an increase of 25,589 JPY (+14.6%) compared to 1 year ago and a transition to a bull market. 4 properties exchanged hands ( The market value represents a decrease of 9 (-69.2%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 19.5 years old (a -10.4% decrease compared to the 21.8 years old of last year.). The average size of the real estate was 185.0 sq.m (a -20.2% decrease compared to the 231.9 sq.m of last year.). The average total floor space of the real estate was 101.2 sq.m (a -55.1% decrease compared to the 225.4 sq.m of last year.).

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving nearly new buildings under 3 years old.

2 stations have experienced increased prices; 0 stations have experienced decreased prices. Market value of most stations decreased. Oowada station has seen a price increase of over 20% compared to last year. The most dramatic price increase was at Oowada station, where prices have increased +24.7% compared to last year; a sq.m unit now costs 229,524 JPY/sq.m.

The top 1 stations has seen prices increase +24.7% (+45,502 JPY/sq.m). On the other hand, The bottom 1 stations has seen prices decrease +1.5% (+2,580 JPY/sq.m).


Cause of price increases

  • An decrease in average age of the building (representing 21.8 years old in 2012 and 19.5 years old in 2013; -10.4%)
  • A dramatic increase in transactions involving nearly new buildings under 3 years old (representing 7.7% of total transactions in 2012 and 50.0% 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 229,524 JPY/sq.m. The market value represents an increase of 45,502 JPY (+24.7%) 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 Samitagawa, the lowest market value along this railway was 172,874 JPY/sq.m. The market value represents an increase of 2,580 JPY (+1.5%) compared to 1 year ago and a transition to a slight market. 2 properties exchanged hands ( The market value represents a decrease of 2 (-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
Oowada229,524 JPY (21.8Y/172.5sq.m)184,021 JPY (27.6Y/294.2sq.m)254,940 JPY (12.8Y/167.5sq.m)
Samitagawa172,874 JPY (17.3Y/197.5sq.m)170,294 JPY (23.0Y/183.8sq.m)184,978 JPY (26.4Y/181.7sq.m)
Ikebe--70,000 JPY (27.8Y/165.0sq.m)
Hashio-165,873 JPY (8.4Y/171.7sq.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

Oowada229,524 JPY/sq.m (+25% compared with the previous year)

The average price of a sq.m Home of Oowada was 229,524 JPY/sq.m. The market value represents an increase of 45,502 JPY (+24.7%) 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 21.8 years old (a -21.2% decrease compared to the 27.6 years old of last year.). The average size of the real estate was 172.5 sq.m (a -41.4% decrease compared to the 294.2 sq.m of last year.). The average total floor space of the real estate was 90.0 sq.m (a -75.8% decrease compared to the 372.5 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average age of the building (representing 27.6 years old in 2012 and 21.8 years old in 2013; -21.2%)

Causes of price decreases

  • An increase in average distance from the station (representing 12.5 min in 2012 and 14.0 min in 2013; +12.0%)

Samitagawa172,874 JPY/sq.m (+2% compared with the previous year)

The average price of a sq.m Home of Samitagawa was 172,874 JPY/sq.m. The market value represents an increase of 2,580 JPY (+1.5%) compared to 1 year ago and a transition to a slight market. 2 properties exchanged hands ( The market value represents a decrease of 2 (-50.0%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 17.3 years old (a -25.0% decrease compared to the 23.0 years old of last year.). The average size of the real estate was 197.5 sq.m (a +7.5% increase compared to the 183.8 sq.m of last year.). The average total floor space of the real estate was 112.5 sq.m (a +16.9% increase compared to the 96.2 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average age of the building (representing 23.0 years old in 2012 and 17.3 years old in 2013; -25.0%)
  • A dramatic decrease in transactions involving relatively old buildings under 40 years old (representing 75.0% of total transactions in 2012 and 50.0% 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)