Nishitetsu Amagi Line railway market report
- Type: Land
- Line: Nishitetsu Amagi Line
Miyanojinn Amagi [12 stations] - Period: 2017 - 1Q
Jan, 2017 Mar, 2017
Nishitetsu Amagi Line Land market overview
The average price of a sq.m Land of Nishitetsu Amagi Line (Miyanojinn to Amagi), in Jan, 2017 to Mar, 2017 was 9,978 JPY/sq.m. The market value represents a decrease of 16,459 JPY (-62.3%) compared to 1 year ago and a transition to a dramatic market. 5 properties exchanged hands ( The market value represents a decrease of 7 (-58.3%) compared to 1 year ago and a transition to a dramatic market.).
The average size of the real estate was 342.0 sq.m (a -40.8% decrease compared to the 577.9 sq.m of last year.).
One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving locations more than twenty minutes by foot from the station, outside of walking distance.
0 stations have experienced increased prices; 1 stations have experienced decreased prices. The market value decreased in all stations.
The top 1 stations has seen prices increase -55.5% (-12,639 JPY/sq.m). On the other hand, The bottom 1 stations has seen prices decrease -55.5% (-12,639 JPY/sq.m).
Cause of price increases
- A dramatic decrease in average distance from the station (representing 34.2 min in 2016 and 26.8 min in 2017; -21.8%)
Breakdown of each segment
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
Land stations market overview
The average price of a sq.m Land of Amagi, the highest market value along this railway was 10,129 JPY/sq.m. The market value represents a decrease of 12,639 JPY (-55.5%) compared to 1 year ago and a transition to a dramatic market. 4 properties exchanged hands ( The market value represents a decrease of 3 (-42.9%) compared to 1 year ago and a transition to a dramatic market.).
The average price of a sq.m Land of Amagi, the lowest market value along this railway was 10,129 JPY/sq.m. The market value represents a decrease of 12,639 JPY (-55.5%) compared to 1 year ago and a transition to a dramatic market. 4 properties exchanged hands ( The market value represents a decrease of 3 (-42.9%) compared to 1 year ago and a transition to a dramatic market.).
| Nishitetsu Amagi Line | This year（2017） | 1 year ago | 2 years ago |
|---|---|---|---|
| Miyanojinn | - | 55,000 JPY (0.0Y/200.0sq.m) | - |
| Goroumaru | - | - | - |
| Gakkoumae | - | - | 20,000 JPY (0.0Y/1100.0sq.m) |
| Kogannchaya | - | - | - |
| Kitano | - | 49,473 JPY (0.0Y/190.0sq.m) | 18,928 JPY (0.0Y/117.5sq.m) |
| Ooki | - | - | - |
| Kaneshima | - | 5,909 JPY (0.0Y/220.0sq.m) | - |
| Oozeki | - | 21,052 JPY (0.0Y/570.0sq.m) | - |
| Honngou | - | - | 4,307 JPY (0.0Y/1325.0sq.m) |
| Kamiura | - | - | 12,121 JPY (0.0Y/165.0sq.m) |
| Mada | 9,375 JPY (0.0Y/480.0sq.m) | - | - |
| Amagi | 10,129 JPY (0.0Y/307.5sq.m) | 22,768 JPY (0.0Y/536.4sq.m) | 19,903 JPY (0.0Y/375.9sq.m) |
*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.
Noteworthy stations
Amagi 10,129 JPY/sq.m (-56% compared with the previous year)
The average price of a sq.m Land of Amagi was 10,129 JPY/sq.m. The market value represents a decrease of 12,639 JPY (-55.5%) compared to 1 year ago and a transition to a dramatic market. 4 properties exchanged hands ( The market value represents a decrease of 3 (-42.9%) compared to 1 year ago and a transition to a dramatic market.).
The average size of the real estate was 307.5 sq.m (a -42.7% decrease compared to the 536.4 sq.m of last year.).
Cause of price increases
- A dramatic decrease in average distance from the station (representing 51.0 min in 2016 and 29.0 min in 2017; -43.1%)
Breakdown of each segment
Station: Segment: