Kintetsu Yoshino Line Home market overview

The average price of a sq.m Home of Kintetsu Yoshino Line (Kashiharajinnguumae to Yoshinojinnguu), in Jan, 2014 to Dec, 2014 was 111,036 JPY/sq.m. The market value represents an increase of 1,803 JPY (+1.7%) compared to 1 year ago and a transition to a slight market. 29 properties exchanged hands ( The market value represents a decrease of 26 (-47.3%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 25.5 years old (a -5.4% decrease compared to the 27.0 years old of last year.). The average size of the real estate was 229.7 sq.m (a -18.9% decrease compared to the 283.2 sq.m of last year.). The average total floor space of the real estate was 151.9 sq.m (a -5.1% decrease compared to the 160.1 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 relatively large size more than 100 sq.m.

3 stations have experienced increased prices; 6 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 Koshibe station, where prices have increased +187.7% compared to last year; a sq.m unit now costs 75,000 JPY/sq.m.

The top 2 stations has seen prices increase +120.7% (+58,754 JPY/sq.m). On the other hand, The bottom 2 stations has seen prices decrease -83.1% (-126,162 JPY/sq.m).


Cause of price increases

  • A dramatic decrease in average distance from the station (representing 22.5 min in 2013 and 15.0 min in 2014; -33.3%)
  • A dramatic increase in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 9.1% of total transactions in 2013 and 13.8% of total transactions in 2014)
  • An decrease in transactions involving relatively old buildings under 40 years old (representing 47.1% of total transactions in 2013 and 41.7% of total transactions in 2014)

Causes of price decreases

  • A dramatic decrease in transactions involving locations near to the station less than three minutes by foot from the station (representing 5.5% of total transactions in 2013 and 3.4% 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 196,160 JPY/sq.m. The market value represents an increase of 68,575 JPY (+53.7%) compared to 1 year ago and a transition to a dramatic market. 3 properties exchanged hands ( The market value represents a decrease of 7 (-70.0%) compared to 1 year ago and a transition to a dramatic market.).

The average price of a sq.m Home of Ichio, the lowest market value along this railway was 9,523 JPY/sq.m. The market value represents a decrease of 28,408 JPY (-74.9%) compared to 1 year ago and a transition to a dramatic market. 1 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
Kashiharajinnguumae135,062 JPY (21.5Y/191.2sq.m)167,092 JPY (28.3Y/273.6sq.m)246,749 JPY (12.7Y/232.4sq.m)
Okadera196,160 JPY (32.9Y/186.7sq.m)127,585 JPY (27.1Y/192.5sq.m)181,949 JPY (23.0Y/171.0sq.m)
Asuka114,871 JPY (15.5Y/435.0sq.m)122,017 JPY (38.0Y/233.3sq.m)151,405 JPY (32.7Y/570.0sq.m)
Tsubosakayama184,309 JPY (17.2Y/182.5sq.m)210,118 JPY (0.5Y/190.0sq.m)131,533 JPY (18.3Y/225.0sq.m)
Ichio9,523 JPY (0.0Y/150.0sq.m)37,931 JPY (41.3Y/230.0sq.m)-
Kuzu25,000 JPY (43.3Y/250.0sq.m)-48,095 JPY (0.0Y/272.5sq.m)
Fukugami21,538 JPY (35.3Y/180.0sq.m)245,454 JPY (1.8Y/210.0sq.m)206,826 JPY (4.5Y/234.2sq.m)
Ooada--98,571 JPY (21.3Y/990.0sq.m)
Shimoichiguchi48,416 JPY (34.3Y/271.2sq.m)40,671 JPY (28.6Y/217.8sq.m)41,355 JPY (27.3Y/252.2sq.m)
Koshibe75,000 JPY (23.5Y/300.0sq.m)26,066 JPY (34.9Y/350.0sq.m)54,560 JPY (21.5Y/222.5sq.m)
Muda73,862 JPY (22.6Y/283.3sq.m)123,824 JPY (15.6Y/503.3sq.m)58,395 JPY (25.3Y/300.0sq.m)
Yamatokamiichi-12,567 JPY (41.0Y/320.0sq.m)45,292 JPY (26.1Y/217.5sq.m)
Yoshinojinnguu-33,563 JPY (33.5Y/340.0sq.m)66,666 JPY (41.3Y/675.0sq.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

Koshibe75,000 JPY/sq.m (+188% compared with the previous year)

The average price of a sq.m Home of Koshibe was 75,000 JPY/sq.m. The market value represents an increase of 48,934 JPY (+187.7%) 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 age of the real estate was 23.5 years old (a -32.6% decrease compared to the 34.9 years old of last year.). The average size of the real estate was 300.0 sq.m (a -14.3% decrease compared to the 350.0 sq.m of last year.). The average total floor space of the real estate was 240.0 sq.m (a -39.6% decrease compared to the 397.5 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average age of the building (representing 34.9 years old in 2013 and 23.5 years old in 2014; -32.6%)
  • A slight decrease in transactions involving relatively old buildings under 40 years old (representing 100.0% of total transactions in 2013 and 100.0% of total transactions in 2014)

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 13.0 min in 2013 and 26.0 min in 2014; +100.0%)

Okadera196,160 JPY/sq.m (+54% compared with the previous year)

The average price of a sq.m Home of Okadera was 196,160 JPY/sq.m. The market value represents an increase of 68,575 JPY (+53.7%) compared to 1 year ago and a transition to a dramatic market. 3 properties exchanged hands ( The market value represents a decrease of 7 (-70.0%) 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 +21.2% increase compared to the 27.1 years old of last year.). The average size of the real estate was 186.7 sq.m (a -3.0% decrease compared to the 192.5 sq.m of last year.). The average total floor space of the real estate was 110.0 sq.m (a -10.2% decrease compared to the 122.5 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 10.0 min in 2013 and 6.7 min in 2014; -33.3%)
  • A dramatic increase in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 10.0% of total transactions in 2013 and 33.3% of total transactions in 2014)

Causes of price decreases

  • A dramatic increase in average age of the building (representing 27.1 years old in 2013 and 32.9 years old in 2014; +21.2%)
  • A dramatic increase in transactions involving older buildings over 40 years old (representing 22.2% of total transactions in 2013 and 50.0% of total transactions in 2014)

Fukugami21,538 JPY/sq.m (-91% compared with the previous year)

The average price of a sq.m Home of Fukugami was 21,538 JPY/sq.m. The market value represents a decrease of 223,916 JPY (-91.2%) compared to 1 year ago and a transition to a dramatic market. 1 properties exchanged hands (It was the same as last year.).

The average age of the real estate was 35.3 years old (a +1911.9% increase compared to the 1.8 years old of last year.). The average size of the real estate was 180.0 sq.m (a -14.3% decrease compared to the 210.0 sq.m of last year.). The average total floor space of the real estate was 130.0 sq.m (a +18.2% increase compared to the 110.0 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 11.0 min in 2013 and 4.0 min in 2014; -63.6%)

Causes of price decreases

  • A dramatic increase in average age of the building (representing 1.8 years old in 2013 and 35.3 years old in 2014; +1911.9%)

Ichio9,523 JPY/sq.m (-75% compared with the previous year)

The average price of a sq.m Home of Ichio was 9,523 JPY/sq.m. The market value represents a decrease of 28,408 JPY (-74.9%) compared to 1 year ago and a transition to a dramatic market. 1 properties exchanged hands (It was the same as last year.).

The average size of the real estate was 150.0 sq.m (a -34.8% decrease compared to the 230.0 sq.m of last year.). The average total floor space of the real estate was 105.0 sq.m (a -27.6% decrease compared to the 145.0 sq.m of last year.).

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 2.0 min in 2013 and 30.0 min in 2014; +1400.0%)

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)