Kintetsu Yoshino Line Home market overview

The average price of a sq.m Home of Kintetsu Yoshino Line (Kashiharajinnguumae to Yoshinojinnguu), in Apr, 2014 to Jun, 2014 was 91,211 JPY/sq.m. The market value represents a decrease of 951 JPY (-1.0%) compared to 1 year ago and a transition to a slight market. 9 properties exchanged hands ( The market value represents a decrease of 7 (-43.8%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 31.8 years old (a +6.2% increase compared to the 29.9 years old of last year.). The average size of the real estate was 159.4 sq.m (a -37.2% decrease compared to the 254.1 sq.m of last year.). The average total floor space of the real estate was 105.6 sq.m (a -33.6% decrease compared to the 159.1 sq.m of last year.).

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving older buildings over 40 years old, as well as a dramatic increase in transactions involving relatively large size more than 100 sq.m.

1 stations have experienced increased prices; 1 stations have experienced decreased prices. Market value of most stations decreased. Okadera station has seen a price increase of over 20% compared to last year. The most dramatic price increase was at Okadera station, where prices have increased +33.4% compared to last year; a sq.m unit now costs 124,675 JPY/sq.m.

The top 1 stations has seen prices increase +33.4% (+31,213 JPY/sq.m). On the other hand, The bottom 1 stations has seen prices decrease -64.1% (-149,552 JPY/sq.m).


Cause of price increases

  • A dramatic decrease in average distance from the station (representing 19.2 min in 2013 and 9.4 min in 2014; -50.8%)
  • A dramatic increase in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 18.8% of total transactions in 2013 and 33.3% of total transactions in 2014)
  • A dramatic decrease in transactions involving relatively old buildings under 40 years old (representing 60.0% of total transactions in 2013 and 25.0% of total transactions in 2014)

Causes of price decreases

  • A dramatic increase in transactions involving older buildings over 40 years old (representing 26.7% of total transactions in 2013 and 50.0% of total transactions in 2014)

Breakdown of each segment

The table below shows Home dealt in Kintetsu Yoshino 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 Okadera, the highest market value along this railway was 124,675 JPY/sq.m. The market value represents an increase of 31,213 JPY (+33.4%) compared to 1 year ago and a transition to a dramatic 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 price of a sq.m Home of Kashiharajinnguumae, the lowest market value along this railway was 83,913 JPY/sq.m. The market value represents a decrease of 149,552 JPY (-64.1%) compared to 1 year ago and a transition to a dramatic market. 2 properties exchanged hands (It was the same as last year.).

Kintetsu Yoshino Line (Stations Home market overview)
Kintetsu Yoshino LineThis year(2014)1 year ago2 years ago
Kashiharajinnguumae83,913 JPY (29.8Y/117.5sq.m)233,466 JPY (22.3Y/425.0sq.m)310,792 JPY (0.3Y/198.3sq.m)
Okadera124,675 JPY (32.9Y/180.0sq.m)93,462 JPY (33.9Y/176.2sq.m)184,286 JPY (21.8Y/187.5sq.m)
Asuka-250,000 JPY (19.3Y/330.0sq.m)33,333 JPY (0.0Y/320.0sq.m)
Tsubosakayama132,986 JPY (25.3Y/136.7sq.m)--
Ichio-37,931 JPY (41.3Y/230.0sq.m)-
Kuzu25,000 JPY (43.3Y/250.0sq.m)-53,333 JPY (0.0Y/175.0sq.m)
Fukugami21,538 JPY (35.3Y/180.0sq.m)--
Ooada--98,571 JPY (21.3Y/990.0sq.m)
Shimoichiguchi-41,757 JPY (31.8Y/231.7sq.m)48,460 JPY (28.8Y/237.5sq.m)
Koshibe---
Muda-85,714 JPY (23.3Y/280.0sq.m)53,043 JPY (18.3Y/250.0sq.m)
Yamatokamiichi-9,615 JPY (28.3Y/280.0sq.m)-
Yoshinojinnguu--83,333 JPY (41.3Y/490.0sq.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

Okadera124,675 JPY/sq.m (+33% compared with the previous year)

The average price of a sq.m Home of Okadera was 124,675 JPY/sq.m. The market value represents an increase of 31,213 JPY (+33.4%) compared to 1 year ago and a transition to a dramatic 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 32.9 years old (a -3.2% decrease compared to the 33.9 years old of last year.). The average size of the real estate was 180.0 sq.m (a +2.1% increase compared to the 176.2 sq.m of last year.). The average total floor space of the real estate was 107.5 sq.m (a -14.0% decrease compared to the 125.0 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 9.8 min in 2013 and 6.0 min in 2014; -38.5%)
  • A dramatic increase in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 25.0% of total transactions in 2013 and 50.0% of total transactions in 2014)

Causes of price decreases

  • A dramatic increase in transactions involving older buildings over 40 years old (representing 33.3% of total transactions in 2013 and 50.0% of total transactions in 2014)

Kashiharajinnguumae83,913 JPY/sq.m (-64% compared with the previous year)

The average price of a sq.m Home of Kashiharajinnguumae was 83,913 JPY/sq.m. The market value represents a decrease of 149,552 JPY (-64.1%) 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 29.8 years old (a +33.7% increase compared to the 22.3 years old of last year.). The average size of the real estate was 117.5 sq.m (a -72.4% decrease compared to the 425.0 sq.m of last year.). The average total floor space of the real estate was 82.5 sq.m (a -59.8% decrease compared to the 205.0 sq.m of last year.).

Cause of price increases

  • A slight decrease in transactions involving older buildings over 40 years old (representing 50.0% of total transactions in 2013 and 50.0% of total transactions in 2014)

Causes of price decreases

  • A dramatic increase in average age of the building (representing 22.3 years old in 2013 and 29.8 years old in 2014; +33.7%)
  • A dramatic increase in average distance from the station (representing 13.0 min in 2013 and 16.5 min in 2014; +26.9%)

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)