JR San-in Main Line railway market report

JR San-in Main Line Home market overview

The average price of JR San-in Main Line (Higashihama to Yonago) Home, in Jul, 2018 to Sep, 2018 was 121,587 JPY/sq.m. The market value represents an increase of 28,780 JPY (+31.0%) compared to 1 year ago and a transition to a dramatic market. 68 properties exchanged hands ( The market value represents a decrease of 17 (-20.0%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 26.0 years old (a -21.9% decrease compared to the 33.3 years old of last year.). The average size of the real estate was 317.2 sq.m (a +2.0% increase compared to the 311.1 sq.m of last year.). The average total floor space of the real estate was 186.5 sq.m (a +16.8% increase compared to the 159.7 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, as well as a dramatic increase in transactions involving very large total floor space more than 200 sq.m.

7 stations have experienced increased prices; 3 stations have experienced decreased prices. Market value of most stations decreased. Tottori, Shimohoujou station has seen a price increase of over 20% compared to last year. The most dramatic price increase was at Tottoridaigakumae station, where prices have increased +260.5% compared to last year; a sq.m unit now costs 277,778 JPY/sq.m.

The top 2 stations has seen prices increase +251.8% (+182,430 JPY/sq.m). On the other hand, The bottom 2 stations has seen prices decrease -57.2% (-58,709 JPY/sq.m).

Cause of price increases

  • A dramatic decrease in average age of the building (representing 33.3 years old in 2017 and 26.0 years old in 2018; -21.9%)
  • A dramatic increase in transactions involving nearly new buildings under 3 years old (representing 6.7% of total transactions in 2017 and 21.1% of total transactions in 2018)
  • A dramatic decrease in transactions involving older buildings over 40 years old (representing 40.0% of total transactions in 2017 and 24.6% of total transactions in 2018)

Causes of price decreases

  • A some increase in transactions involving relatively old buildings under 40 years old (representing 40.0% of total transactions in 2017 and 42.1% of total transactions in 2018)

Home stations market overview

The average price of Tottoridaigakumae Home, the highest market value along this railway was 277,778 JPY/sq.m. The market value represents an increase of 200,724 JPY (+260.5%) 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 Hougi Home, the lowest market value along this railway was 21,250 JPY/sq.m. The market value represents a decrease of 22,340 JPY (-51.3%) compared to 1 year ago and a transition to a dramatic market. 1 properties exchanged hands (It was the same as last year.).

JR San-in Main Line (Stations Home market overview)
JR San-in Main LineThis year(2018)
(Avg.Age,Dim.)
1 year ago
(Avg.Age,Dim.)
2 years ago
(Avg.Age,Dim.)
Higashihama---
Iwami55,714 JPYsq.m
(33.52602739726027535sq.m)
150,792 JPYsq.m
(23.019178082191782332sq.m)
42,033 JPYsq.m
(34.52876712328767272sq.m)
Ooiwa---
Fukube80,000 JPYsq.m
(11.512328767123288185sq.m)
-329,412 JPYsq.m
(-0.4958904109589041145sq.m)
Tottori146,461 JPYsq.m
(25.187442922374427253sq.m)
98,683 JPYsq.m
(35.40722291407223278sq.m)
115,059 JPYsq.m
(26.084760273972602260sq.m)
Koyama231,637 JPYsq.m
(13.112328767123287470sq.m)
67,500 JPYsq.m
(40.03150684931507332sq.m)
138,768 JPYsq.m
(17.516438356164382205sq.m)
Tottoridaigakumae277,778 JPYsq.m
(0.5041095890410959330sq.m)
77,054 JPYsq.m
(38.03013698630137280sq.m)
88,636 JPYsq.m
(38.53013698630137202sq.m)
Suetsune-145,455 JPYsq.m
(21.517808219178082150sq.m)
90,323 JPYsq.m
(30.526027397260275730sq.m)
Hougi21,250 JPYsq.m
(31.526027397260275510sq.m)
-
Hamamura-172,718 JPYsq.m
(11.178995433789956283sq.m)
-
Aoya--29,255 JPYsq.m
(31.526027397260275453sq.m)
Tomari-21,875 JPYsq.m
(0.0490sq.m)
-
Matsuzaki86,667 JPYsq.m
(0.0307sq.m)
77,778 JPYsq.m
(44.534246575342465370sq.m)
-
Kurayoshi95,601 JPYsq.m
(34.36027397260274266sq.m)
98,735 JPYsq.m
(32.92657534246575357sq.m)
50,505 JPYsq.m
(38.1972602739726308sq.m)
Shimohoujou100,000 JPYsq.m
(22.017808219178082258sq.m)
73,595 JPYsq.m
(26.522374429223742635sq.m)
-
Yura-59,259 JPYsq.m
(13.512328767123288270sq.m)
45,415 JPYsq.m
(40.19908675799086550sq.m)
Urayasu-35,714 JPYsq.m
(24.52054794520548540sq.m)
34,783 JPYsq.m
(34.52876712328767230sq.m)
Yabase---
Akasaki---
Nakayamaguchi---
Shimoichi---
Mikuriya--60,000 JPYsq.m
(20.517808219178082280sq.m)
Nawa---
Daisennguchi---
Yodoe-59,788 JPYsq.m
(0.0575sq.m)
-
Houkidaisenn147,822 JPYsq.m
(2.504109589041096443sq.m)
67,278 JPYsq.m
(42.8675799086758377sq.m)
139,460 JPYsq.m
(19.232093933463794275sq.m)
Higashiyamakouenn74,074 JPYsq.m
(32.52602739726027420sq.m)
-125,000 JPYsq.m
(8.509589041095891160sq.m)
Yonago99,615 JPYsq.m
(29.94052511415525314sq.m)
85,678 JPYsq.m
(34.41674277016743261sq.m)
96,089 JPYsq.m
(29.370916754478397265sq.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.

Noteworthy stations

Tottoridaigakumae277,778 JPY/sq.m (+260% compared with the previous year)

The average price of Tottoridaigakumae Home was 277,778 JPY/sq.m. The market value represents an increase of 200,724 JPY (+260.5%) 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 0.5 years old (a -98.7% decrease compared to the 38.0 years old of last year.). The average size of the real estate was 330.0 sq.m (a +17.9% increase compared to the 280.0 sq.m of last year.). The average total floor space of the real estate was 360.0 sq.m (a +152.6% increase compared to the 142.5 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average age of the building (representing 38.0 years old in 2017 and 0.5 years old in 2018; -98.7%)

Koyama231,637 JPY/sq.m (+243% compared with the previous year)

The average price of Koyama Home was 231,637 JPY/sq.m. The market value represents an increase of 164,137 JPY (+243.2%) compared to 1 year ago and a transition to a dramatic market. 5 properties exchanged hands ( The market value represents an increase of 3 (+150.0%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 13.1 years old (a -67.2% decrease compared to the 40.0 years old of last year.). The average size of the real estate was 470.0 sq.m (a +41.4% increase compared to the 332.5 sq.m of last year.). The average total floor space of the real estate was 540.0 sq.m (a +24.1% increase compared to the 435.0 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average age of the building (representing 40.0 years old in 2017 and 13.1 years old in 2018; -67.2%)
  • A dramatic decrease in transactions involving older buildings over 40 years old (representing 50.0% of total transactions in 2017 and 20.0% of total transactions in 2018)

Causes of price decreases

  • An increase in average distance from the station (representing 14.0 min in 2017 and 16.2 min in 2018; +15.7%)

Iwami55,714 JPY/sq.m (-63% compared with the previous year)

The average price of Iwami Home was 55,714 JPY/sq.m. The market value represents a decrease of 95,078 JPY (-63.1%) 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 33.5 years old (a +45.6% increase compared to the 23.0 years old of last year.). The average size of the real estate was 535.0 sq.m (a +60.9% increase compared to the 332.5 sq.m of last year.). The average total floor space of the real estate was 227.5 sq.m (a +78.4% increase compared to the 127.5 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 2017 and 50.0% of total transactions in 2018)

Causes of price decreases

  • A dramatic increase in average age of the building (representing 23.0 years old in 2017 and 33.5 years old in 2018; +45.6%)

Hougi21,250 JPY/sq.m (-51% compared with the previous year)

The average price of Hougi Home was 21,250 JPY/sq.m. The market value represents a decrease of 22,340 JPY (-51.3%) 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 total floor space of the real estate was 80.0 sq.m (a -59.0% decrease compared to the 195.0 sq.m of last year.).


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)

Safety and Security of Utinokati

Ministry of Land, Infrastructure, Transport and Tourism. Utinokati provides market information based on the latest real estate transaction data collected by the transaction information provision system of the Land Appraisal Committee of the MLIT, Japan.
high-quality real estate price information Utinokati strives to provide high-quality real estate price information while paying attention to the protection of personal information so that everyone can trade real estate with peace of mind.
reliability of information Utinokati is making various efforts to improve the reliability of information and to allow users to check the land market with peace of mind.

About publication in the media

Utinokati is the nation's largest free web service for real estate price quotes for various areas and stations around the country. Real estate price information in Utinokati is calculated based on the latest comprehensive land information system data from the Ministry of Land, Infrastructure, Transport and Tourism.

The purpose of this web service is to make real estate market prices more accessible and widely used not only for buying, selling, and leasing real estate, but also for inheritance and transfer. We actively provide a variety of real estate information that can be used in various articles in newspapers, magazines, web media, and other media. Please feel free to inquire about the contents of real estate information that we can provide and the conditions under which we can provide it through the Inquiry Form.

Corporate Profile

Company Name Utinokati
Utinokati Real estate media providing price quotes and price trends for condominiums, homes, land and rental properties in 250,000 locations nationwide, along more than 20,000 train lines and stations, as well as rent quotes and rent trends.
Totinokati Real estate media providing public land prices, roadside land prices (inheritance tax assessed values), and property tax assessed values for 10,000 areas and station areas nationwide, based on the Ministry of Land, Infrastructure, Transport and Tourism's public notice of land prices.
Location Kudanminami 1-5-6, Chiyoda-ku, Tokyo, Japan
Foundation November, 2014
Mission Our mission is to use past real estate transaction data to visualize real estate pricing across Japan and offer that information to users in a convenient fashion.
contact form