Hankyu Imazu Line railway market report

Hankyu Imazu Line Land market overview

The average price of a sq.m Land of Hankyu Imazu Line (Takaraduka to Imadu), in Jan, 2015 to Mar, 2015 was 226,486 JPY/sq.m. The market value represents a decrease of 992 JPY (-0.4%) compared to 1 year ago and a transition to a slight market. 23 properties exchanged hands ( The market value represents an increase of 4 (+21.1%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 402.4 sq.m (a +95.8% increase compared to the 205.5 sq.m of last year.).

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving locations relatively far from the station less than twenty minutes by foot from the station.

2 stations have experienced increased prices; 5 stations have experienced decreased prices. Market value of most stations decreased. Takaraduka, Monndoyakujinn station has seen a price increase of over 20% compared to last year. The most dramatic price increase was at Monndoyakujinn station, where prices have increased +77.1% compared to last year; a sq.m unit now costs 313,667 JPY/sq.m.

The top 2 stations has seen prices increase +65.3% (+94,998 JPY/sq.m). On the other hand, The bottom 2 stations has seen prices decrease -44.2% (-99,934 JPY/sq.m).

Causes of price decreases

  • An decrease in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 5.3% of total transactions in 2014 and 4.3% of total transactions in 2015)

Breakdown of each segment

The table below shows Land dealt in Hankyu Imazu 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 Nishinomiyakitaguchi, the highest market value along this railway was 330,712 JPY/sq.m. The market value represents a decrease of 62,621 JPY (-15.9%) compared to 1 year ago and a transition to a weak market. 5 properties exchanged hands ( The market value represents an increase of 1 (+25.0%) compared to 1 year ago and a transition to a dramatic market.).

The average price of a sq.m Land of Obayashi, the lowest market value along this railway was 102,000 JPY/sq.m. The market value represents a decrease of 84,190 JPY (-45.2%) compared to 1 year ago and a transition to a dramatic market. 2 properties exchanged hands (It was the same as last year.).

Hankyu Imazu Line (Stations Land market overview)
Hankyu Imazu LineThis year(2015)1 year ago2 years ago
Takaraduka153,220 JPY (0.0Y/1081.2sq.m)99,749 JPY (0.0Y/315.0sq.m)112,810 JPY (0.0Y/353.3sq.m)
Takaradukaminamiguchi186,666 JPY (0.0Y/180.0sq.m)-196,597 JPY (0.0Y/208.3sq.m)
Sakasegawa114,285 JPY (0.0Y/140.0sq.m)118,181 JPY (0.0Y/330.0sq.m)160,893 JPY (0.0Y/172.1sq.m)
Obayashi102,000 JPY (0.0Y/187.5sq.m)186,190 JPY (0.0Y/102.5sq.m)146,809 JPY (0.0Y/474.3sq.m)
Nigawa125,000 JPY (0.0Y/80.0sq.m)204,069 JPY (0.0Y/273.3sq.m)199,527 JPY (0.0Y/212.5sq.m)
Koutouenn151,786 JPY (0.0Y/120.0sq.m)267,463 JPY (0.0Y/188.8sq.m)289,324 JPY (0.0Y/490.0sq.m)
Monndoyakujinn313,667 JPY (0.0Y/197.5sq.m)177,142 JPY (0.0Y/175.0sq.m)268,925 JPY (0.0Y/130.0sq.m)
Nishinomiyakitaguchi330,712 JPY (0.0Y/111.0sq.m)393,333 JPY (0.0Y/90.0sq.m)391,304 JPY (0.0Y/115.0sq.m)
Hannshinnkokudou194,871 JPY (0.0Y/1195.0sq.m)-275,996 JPY (0.0Y/310.0sq.m)
Imadu--221,133 JPY (0.0Y/355.0sq.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

Monndoyakujinn313,667 JPY/sq.m (+77% compared with the previous year)

The average price of a sq.m Land of Monndoyakujinn was 313,667 JPY/sq.m. The market value represents an increase of 136,525 JPY (+77.1%) compared to 1 year ago and a transition to a dramatic market. 4 properties exchanged hands ( The market value represents an increase of 3 (+300.0%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 197.5 sq.m (a +12.9% 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 20.0 min in 2014 and 8.0 min in 2015; -60.0%)

Takaraduka153,220 JPY/sq.m (+54% compared with the previous year)

The average price of a sq.m Land of Takaraduka was 153,220 JPY/sq.m. The market value represents an increase of 53,471 JPY (+53.6%) compared to 1 year ago and a transition to a dramatic market. 4 properties exchanged hands (It was the same as last year.).

The average size of the real estate was 1081.2 sq.m (a +243.3% increase compared to the 315.0 sq.m of last year.).

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 9.8 min in 2014 and 12.2 min in 2015; +25.6%)

Obayashi102,000 JPY/sq.m (-45% compared with the previous year)

The average price of a sq.m Land of Obayashi was 102,000 JPY/sq.m. The market value represents a decrease of 84,190 JPY (-45.2%) 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 size of the real estate was 187.5 sq.m (a +82.9% increase compared to the 102.5 sq.m of last year.).

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 8.0 min in 2014 and 11.0 min in 2015; +37.5%)

Koutouenn151,786 JPY/sq.m (-43% compared with the previous year)

The average price of a sq.m Land of Koutouenn was 151,786 JPY/sq.m. The market value represents a decrease of 115,677 JPY (-43.2%) compared to 1 year ago and a transition to a dramatic market. 2 properties exchanged hands ( The market value represents a decrease of 2 (-50.0%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 120.0 sq.m (a -36.4% decrease compared to the 188.8 sq.m of last year.).

Causes of price decreases

  • An increase in average distance from the station (representing 10.2 min in 2014 and 12.0 min in 2015; +17.1%)

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)