Nishitetsu Dazaifu Line railway market report

Nishitetsu Dazaifu Line Land market overview

The average price of a sq.m Land of Nishitetsu Dazaifu Line (Nishitetsufutsukaichi to Dazaifu), in Oct, 2014 to Dec, 2014 was 17,567 JPY/sq.m. The market value represents a decrease of 24,315 JPY (-58.1%) compared to 1 year ago and a transition to a dramatic market. 1 properties exchanged hands ( The market value represents a decrease of 7 (-87.5%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 740.0 sq.m (a +228.0% increase compared to the 225.6 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 -51.3% (-18,488 JPY/sq.m). On the other hand, The bottom 1 stations has seen prices decrease -51.3% (-18,488 JPY/sq.m).

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 12.8 min in 2013 and 21.0 min in 2014; +64.7%)

Breakdown of each segment

The table below shows Land dealt in Nishitetsu Dazaifu 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 Dazaifu, the highest market value along this railway was 17,567 JPY/sq.m. The market value represents a decrease of 18,488 JPY (-51.3%) compared to 1 year ago and a transition to a dramatic market. 1 properties exchanged hands ( The market value represents a decrease of 4 (-80.0%) compared to 1 year ago and a transition to a dramatic market.).

The average price of a sq.m Land of Dazaifu, the lowest market value along this railway was 17,567 JPY/sq.m. The market value represents a decrease of 18,488 JPY (-51.3%) compared to 1 year ago and a transition to a dramatic market. 1 properties exchanged hands ( The market value represents a decrease of 4 (-80.0%) compared to 1 year ago and a transition to a dramatic market.).

Nishitetsu Dazaifu Line (Stations Land market overview)
Nishitetsu Dazaifu LineThis year(2014)1 year ago2 years ago
Nishitetsufutsukaichi--41,680 JPY (0.0Y/447.5sq.m)
Nishitetsugojou-51,594 JPY (0.0Y/263.3sq.m)69,641 JPY (0.0Y/498.0sq.m)
Dazaifu17,567 JPY (0.0Y/740.0sq.m)36,055 JPY (0.0Y/203.0sq.m)42,936 JPY (0.0Y/193.8sq.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.

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Noteworthy stations

Dazaifu17,567 JPY/sq.m (-51% compared with the previous year)

The average price of a sq.m Land of Dazaifu was 17,567 JPY/sq.m. The market value represents a decrease of 18,488 JPY (-51.3%) compared to 1 year ago and a transition to a dramatic market. 1 properties exchanged hands ( The market value represents a decrease of 4 (-80.0%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 740.0 sq.m (a +264.5% increase compared to the 203.0 sq.m of last year.).

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 11.8 min in 2013 and 21.0 min in 2014; +78.0%)

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)