Kintetsu Yoshino Line Nara 2017-FY
Home market report

Kintetsu Yoshino Line Home market overview

The average price of a sq.m Home of Kintetsu Yoshino Line (Kashiharajinnguumae to Yoshinojinnguu), in Jan, 2017 to Mar, 2017 was 32,818 JPY/sq.m. The market value represents a decrease of 69,321 JPY (-67.9%) compared to 1 year ago and a transition to a dramatic market. 2 properties exchanged hands ( The market value represents a decrease of 33 (-94.3%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 38.0 years old (a +35.0% increase compared to the 28.2 years old of last year.). The average size of the real estate was 265.0 sq.m (a -22.7% decrease compared to the 342.7 sq.m of last year.). The average total floor space of the real estate was 102.5 sq.m (a -58.2% decrease compared to the 245.5 sq.m of last year.).

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving middle total floor space for a DINKS or an old age households less than 60 sq.m.

1 stations have experienced increased prices; 1 stations have experienced decreased prices. Market value of most stations decreased. Muda station has seen a price increase of over 20% compared to last year. The most dramatic price increase was at Muda station, where prices have increased +23.0% compared to last year; a sq.m unit now costs 42,000 JPY/sq.m.

The top 1 stations has seen prices increase +23.0% (+7,842 JPY/sq.m). On the other hand, The bottom 1 stations has seen prices decrease -19.3% (-5,654 JPY/sq.m).


Cause of price increases

  • A dramatic decrease in average distance from the station (representing 27.1 min in 2016 and 19.5 min in 2017; -28.1%)

Causes of price decreases

  • A dramatic increase in average age of the building (representing 28.2 years old in 2016 and 38.0 years old in 2017; +35.0%)
  • A dramatic increase in transactions involving relatively old buildings under 40 years old (representing 50.0% of total transactions in 2016 and 100.0% of total transactions in 2017)

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 Muda, the highest market value along this railway was 42,000 JPY/sq.m. The market value represents an increase of 7,842 JPY (+23.0%) 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 price of a sq.m Home of Shimoichiguchi, the lowest market value along this railway was 23,636 JPY/sq.m. The market value represents a decrease of 5,654 JPY (-19.3%) compared to 1 year ago and a transition to a weak market. 1 properties exchanged hands ( The market value represents a decrease of 3 (-75.0%) compared to 1 year ago and a transition to a dramatic market.).

Kintetsu Yoshino Line (Stations Home market overview)
Kintetsu Yoshino LineThis year(2017)1 year ago2 years ago
Kashiharajinnguumae-215,189 JPY (19.7Y/428.0sq.m)223,594 JPY (18.7Y/190.0sq.m)
Okadera-146,349 JPY (33.9Y/172.5sq.m)121,651 JPY (24.2Y/190.0sq.m)
Asuka---
Tsubosakayama-84,611 JPY (21.0Y/207.5sq.m)11,111 JPY (60.3Y/165.0sq.m)
Ichio---
Kuzu-18,366 JPY (37.8Y/375.0sq.m)-
Fukugami--33,333 JPY (32.0Y/165.0sq.m)
Ooada---
Shimoichiguchi23,636 JPY (39.0Y/310.0sq.m)29,290 JPY (45.3Y/302.5sq.m)17,632 JPY (45.4Y/480.7sq.m)
Koshibe-51,254 JPY (27.9Y/225.0sq.m)76,478 JPY (24.4Y/198.8sq.m)
Muda42,000 JPY (37.0Y/220.0sq.m)34,158 JPY (22.8Y/380.0sq.m)138,686 JPY (11.9Y/246.7sq.m)
Yamatokamiichi-10,000 JPY (52.3Y/197.5sq.m)41,809 JPY (13.3Y/131.7sq.m)
Yoshinojinnguu-29,354 JPY (28.0Y/515.0sq.m)27,820 JPY (31.8Y/1140.0sq.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

Muda42,000 JPY/sq.m (+23% compared with the previous year)

The average price of a sq.m Home of Muda was 42,000 JPY/sq.m. The market value represents an increase of 7,842 JPY (+23.0%) 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 37.0 years old (a +62.6% increase compared to the 22.8 years old of last year.). The average size of the real estate was 220.0 sq.m (a -42.1% decrease compared to the 380.0 sq.m of last year.). The average total floor space of the real estate was 150.0 sq.m (a -14.3% decrease compared to the 175.0 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 18.5 min in 2016 and 9.0 min in 2017; -51.4%)
  • A slight decrease in transactions involving relatively old buildings under 40 years old (representing 100.0% of total transactions in 2016 and 100.0% of total transactions in 2017)

Causes of price decreases

  • A dramatic increase in average age of the building (representing 22.8 years old in 2016 and 37.0 years old in 2017; +62.6%)

Shimoichiguchi23,636 JPY/sq.m (-19% compared with the previous year)

The average price of a sq.m Home of Shimoichiguchi was 23,636 JPY/sq.m. The market value represents a decrease of 5,654 JPY (-19.3%) compared to 1 year ago and a transition to a weak market. 1 properties exchanged hands ( The market value represents a decrease of 3 (-75.0%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 39.0 years old (a -13.8% decrease compared to the 45.3 years old of last year.). The average size of the real estate was 310.0 sq.m (a +2.5% increase compared to the 302.5 sq.m of last year.). The average total floor space of the real estate was 55.0 sq.m (a -50.0% decrease compared to the 110.0 sq.m of last year.).

Cause of price increases

  • An decrease in average age of the building (representing 45.3 years old in 2016 and 39.0 years old in 2017; -13.8%)
  • A dramatic decrease in average distance from the station (representing 71.0 min in 2016 and 30.0 min in 2017; -57.7%)

Causes of price decreases

  • A dramatic increase in transactions involving relatively old buildings under 40 years old (representing 25.0% of total transactions in 2016 and 100.0% of total transactions in 2017)

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)