Keisei Main Line railway market report

Keisei Main Line Land market overview

The average price of a sq.m Land of Keisei Main Line (Kounodai to Narita Airport), in Jan, 2016 to Mar, 2016 was 76,526 JPY/sq.m. The market value represents a decrease of 12,300 JPY (-13.8%) compared to 1 year ago and a transition to a weak market. 63 properties exchanged hands ( The market value represents an increase of 21 (+50.0%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 271.1 sq.m (a -12.8% decrease compared to the 311.1 sq.m of last year.).

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving size for a general family households less than 100 sq.m.

1 stations have experienced increased prices; 11 stations have experienced decreased prices. Market value of most stations decreased. Mimomi station has seen a price increase of over 20% compared to last year. The most dramatic price increase was at Mimomi station, where prices have increased +40.2% compared to last year; a sq.m unit now costs 107,261 JPY/sq.m.

The top 2 stations has seen prices increase +20.1% (+15,335 JPY/sq.m). On the other hand, The bottom 2 stations has seen prices decrease -84.1% (-43,968 JPY/sq.m).

Cause of price increases

  • A dramatic increase in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 7.1% of total transactions in 2015 and 9.5% of total transactions in 2016)

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 15.0 min in 2015 and 19.2 min in 2016; +28.6%)

Breakdown of each segment

The table below shows Land dealt in Keisei Main 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:

※各年ごとの取引件数の割合が高いセグメントほど赤く表示

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Land stations market overview

The average price of a sq.m Land of Keiseiookubo, the highest market value along this railway was 158,314 JPY/sq.m. The market value represents a decrease of 13,930 JPY (-8.1%) compared to 1 year ago and a transition to a bear market. 5 properties exchanged hands (It was the same as last year.).

The average price of a sq.m Land of Keiseiusui, the lowest market value along this railway was 5,172 JPY/sq.m. The market value represents a decrease of 43,571 JPY (-89.4%) compared to 1 year ago and a transition to a dramatic 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.).

Keisei Main Line (Stations Land market overview)
Keisei Main LineThis year(2016)1 year ago2 years ago
Kounodai---
Sugano---
Keiseinakayama---
Higashinakayama173,913 JPY (0.0Y/115.0sq.m)--
Keiseinishifuna---
Kaijinn152,412 JPY (0.0Y/108.3sq.m)223,076 JPY (0.0Y/130.0sq.m)-
Daijinnguushita---
Funabashikeibajou--184,615 JPY (0.0Y/130.0sq.m)
Yatsu177,419 JPY (0.0Y/310.0sq.m)-125,000 JPY (0.0Y/400.0sq.m)
Keiseitsudanuma-64,285 JPY (0.0Y/420.0sq.m)-
Keiseiookubo158,314 JPY (0.0Y/132.0sq.m)172,244 JPY (0.0Y/312.0sq.m)82,308 JPY (0.0Y/745.0sq.m)
Mimomi107,261 JPY (0.0Y/185.0sq.m)76,490 JPY (0.0Y/175.0sq.m)37,500 JPY (0.0Y/160.0sq.m)
Yachiyodai83,528 JPY (0.0Y/174.5sq.m)91,805 JPY (0.0Y/177.0sq.m)101,642 JPY (0.0Y/141.4sq.m)
Keiseioowada98,545 JPY (0.0Y/160.0sq.m)98,646 JPY (0.0Y/197.5sq.m)110,242 JPY (0.0Y/255.0sq.m)
Katsutadai54,170 JPY (0.0Y/305.0sq.m)62,307 JPY (0.0Y/173.3sq.m)51,504 JPY (0.0Y/155.8sq.m)
Shidu42,002 JPY (0.0Y/320.5sq.m)67,618 JPY (0.0Y/180.0sq.m)74,580 JPY (0.0Y/193.3sq.m)
Yu-Karigaoka56,128 JPY (0.0Y/363.3sq.m)88,112 JPY (0.0Y/366.7sq.m)-
Keiseiusui5,172 JPY (0.0Y/290.0sq.m)48,743 JPY (0.0Y/806.2sq.m)43,888 JPY (0.0Y/521.7sq.m)
Keiseisakura24,285 JPY (0.0Y/140.0sq.m)48,816 JPY (0.0Y/170.0sq.m)-
Oosakura---
Keiseishisui---
Sougosanndou26,936 JPY (0.0Y/330.0sq.m)--
Koudunomori41,582 JPY (0.0Y/610.0sq.m)78,114 JPY (0.0Y/418.6sq.m)70,139 JPY (0.0Y/649.1sq.m)
Keiseinarita11,885 JPY (0.0Y/317.5sq.m)56,250 JPY (0.0Y/160.0sq.m)30,200 JPY (0.0Y/340.0sq.m)
Narita Airport---

*Average unit prices per sq.m of Land 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.

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Noteworthy stations

Mimomi107,261 JPY/sq.m (+40% compared with the previous year)

The average price of a sq.m Land of Mimomi was 107,261 JPY/sq.m. The market value represents an increase of 30,771 JPY (+40.2%) compared to 1 year ago and a transition to a dramatic market. 6 properties exchanged hands ( The market value represents an increase of 2 (+50.0%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 185.0 sq.m (a +5.7% increase compared to the 175.0 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 20.5 min in 2015 and 13.7 min in 2016; -33.3%)

Keiseioowada98,545 JPY/sq.m (-0% compared with the previous year)

The average price of a sq.m Land of Keiseioowada was 98,545 JPY/sq.m. The market value represents a decrease of 101 JPY (-0.1%) compared to 1 year ago and a transition to a slight market. 3 properties exchanged hands ( The market value represents an increase of 1 (+50.0%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 160.0 sq.m (a -19.0% decrease compared to the 197.5 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 9.0 min in 2015 and 7.0 min in 2016; -22.2%)

Keiseiusui5,172 JPY/sq.m (-89% compared with the previous year)

The average price of a sq.m Land of Keiseiusui was 5,172 JPY/sq.m. The market value represents a decrease of 43,571 JPY (-89.4%) compared to 1 year ago and a transition to a dramatic 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 size of the real estate was 290.0 sq.m (a -64.0% decrease compared to the 806.2 sq.m of last year.).

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 20.5 min in 2015 and 30.0 min in 2016; +46.3%)

Keiseinarita11,885 JPY/sq.m (-79% compared with the previous year)

The average price of a sq.m Land of Keiseinarita was 11,885 JPY/sq.m. The market value represents a decrease of 44,365 JPY (-78.9%) compared to 1 year ago and a transition to a dramatic market. 2 properties exchanged hands ( The market value represents an increase of 1 (+100.0%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 317.5 sq.m (a +98.4% increase compared to the 160.0 sq.m of last year.).

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 6.0 min in 2015 and 39.0 min in 2016; +550.0%)

Breakdown of each segment

Station:   Segment:

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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)