Hankyu Itami Line railway market report

Hankyu Itami Line Land market overview

The average price of a sq.m Land of Hankyu Itami Line (Tsukaguchi to Itami), in Jan, 2015 to Mar, 2015 was 141,884 JPY/sq.m. The market value represents a decrease of 19,780 JPY (-12.2%) compared to 1 year ago and a transition to a weak market. 16 properties exchanged hands ( The market value represents a decrease of 1 (-5.9%) compared to 1 year ago and a transition to a bear market.).

The average size of the real estate was 232.5 sq.m (a +18.0% increase compared to the 197.1 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.

0 stations have experienced increased prices; 3 stations have experienced decreased prices. The market value decreased in all stations. Itami station has seen a price decrease of over 20% compared to last year. The most dramatic price increase was at Inano station, where prices have decreased -54.6% compared to last year; a sq.m unit now costs 98,461 JPY/sq.m.

The top 1 stations has seen prices increase -0.1% (-187 JPY/sq.m). On the other hand, The bottom 1 stations has seen prices decrease -54.6% (-118,205 JPY/sq.m).

Cause of price increases

  • A some increase in transactions involving locations near to the station less than three minutes by foot from the station (representing 5.9% of total transactions in 2014 and 6.2% of total transactions in 2015)

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 16.2 min in 2014 and 19.8 min in 2015; +22.0%)

Breakdown of each segment

The table below shows Land dealt in Hankyu Itami 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 Tsukaguchi, the highest market value along this railway was 133,333 JPY/sq.m. The market value represents a decrease of 72,315 JPY (-35.2%) compared to 1 year ago and a transition to a dramatic market. 1 properties exchanged hands ( The market value represents a decrease of 5 (-83.3%) compared to 1 year ago and a transition to a dramatic market.).

The average price of a sq.m Land of Inano, the lowest market value along this railway was 98,461 JPY/sq.m. The market value represents a decrease of 118,205 JPY (-54.6%) compared to 1 year ago and a transition to a dramatic market. 1 properties exchanged hands (It was the same as last year.).

Hankyu Itami Line (Stations Land market overview)
Hankyu Itami LineThis year(2015)1 year ago2 years ago
Tsukaguchi133,333 JPY (0.0Y/750.0sq.m)205,648 JPY (0.0Y/267.5sq.m)226,193 JPY (0.0Y/325.6sq.m)
Inano98,461 JPY (0.0Y/65.0sq.m)216,666 JPY (0.0Y/240.0sq.m)207,676 JPY (0.0Y/377.5sq.m)
Shinnitami204,296 JPY (0.0Y/195.0sq.m)-224,646 JPY (0.0Y/196.7sq.m)
Itami129,588 JPY (0.0Y/210.9sq.m)129,775 JPY (0.0Y/150.5sq.m)135,564 JPY (0.0Y/343.5sq.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

Itami129,588 JPY/sq.m (-0% compared with the previous year)

The average price of a sq.m Land of Itami was 129,588 JPY/sq.m. The market value represents a decrease of 187 JPY (-0.1%) compared to 1 year ago and a transition to a slight market. 11 properties exchanged hands ( The market value represents an increase of 1 (+10.0%) compared to 1 year ago and a transition to a bull market.).

The average size of the real estate was 210.9 sq.m (a +40.1% increase compared to the 150.5 sq.m of last year.).

Causes of price decreases

  • An increase in average distance from the station (representing 20.3 min in 2014 and 23.2 min in 2015; +14.2%)

Inano98,461 JPY/sq.m (-55% compared with the previous year)

The average price of a sq.m Land of Inano was 98,461 JPY/sq.m. The market value represents a decrease of 118,205 JPY (-54.6%) 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 size of the real estate was 65.0 sq.m (a -72.9% decrease compared to the 240.0 sq.m of last year.).

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 9.0 min in 2014 and 16.0 min in 2015; +77.8%)

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)