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 Jul, 2015 to Sep, 2015 was 171,685 JPY/sq.m. The market value represents an increase of 329 JPY (+0.2%) compared to 1 year ago and a transition to a slight market. 14 properties exchanged hands ( The market value represents a decrease of 7 (-33.3%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 205.0 sq.m (a -47.9% decrease compared to the 393.6 sq.m of last year.).

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

2 stations have experienced increased prices; 2 stations have experienced decreased prices. The overall trend was the same as last year. Tsukaguchi, Shinnitami station has seen a price increase of over 20% compared to last year. The most dramatic price increase was at Tsukaguchi station, where prices have increased +54.7% compared to last year; a sq.m unit now costs 260,459 JPY/sq.m.

The top 1 stations has seen prices increase +54.7% (+92,147 JPY/sq.m). On the other hand, The bottom 1 stations has seen prices decrease -20.4% (-33,263 JPY/sq.m).

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 16.0 min in 2014 and 19.8 min in 2015; +23.7%)

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 260,459 JPY/sq.m. The market value represents an increase of 92,147 JPY (+54.7%) compared to 1 year ago and a transition to a dramatic market. 3 properties exchanged hands ( The market value represents a decrease of 4 (-57.1%) compared to 1 year ago and a transition to a dramatic market.).

The average price of a sq.m Land of Itami, the lowest market value along this railway was 129,503 JPY/sq.m. The market value represents a decrease of 33,263 JPY (-20.4%) compared to 1 year ago and a transition to a dramatic market. 7 properties exchanged hands ( The market value represents a decrease of 1 (-12.5%) compared to 1 year ago and a transition to a weak market.).

Hankyu Itami Line (Stations Land market overview)
Hankyu Itami LineThis year(2015)1 year ago2 years ago
Tsukaguchi260,459 JPY (0.0Y/118.3sq.m)168,311 JPY (0.0Y/485.0sq.m)236,718 JPY (0.0Y/147.2sq.m)
Inano171,899 JPY (0.0Y/91.7sq.m)200,377 JPY (0.0Y/197.5sq.m)202,778 JPY (0.0Y/95.0sq.m)
Shinnitami200,000 JPY (0.0Y/300.0sq.m)156,810 JPY (0.0Y/305.0sq.m)176,718 JPY (0.0Y/90.0sq.m)
Itami129,503 JPY (0.0Y/277.1sq.m)162,766 JPY (0.0Y/433.8sq.m)150,390 JPY (0.0Y/285.5sq.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

Tsukaguchi260,459 JPY/sq.m (+55% compared with the previous year)

The average price of a sq.m Land of Tsukaguchi was 260,459 JPY/sq.m. The market value represents an increase of 92,147 JPY (+54.7%) compared to 1 year ago and a transition to a dramatic market. 3 properties exchanged hands ( The market value represents a decrease of 4 (-57.1%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 118.3 sq.m (a -75.6% decrease compared to the 485.0 sq.m of last year.).

Cause of price increases

  • An decrease in average distance from the station (representing 11.9 min in 2014 and 10.3 min in 2015; -12.9%)

Itami129,503 JPY/sq.m (-20% compared with the previous year)

The average price of a sq.m Land of Itami was 129,503 JPY/sq.m. The market value represents a decrease of 33,263 JPY (-20.4%) compared to 1 year ago and a transition to a dramatic market. 7 properties exchanged hands ( The market value represents a decrease of 1 (-12.5%) compared to 1 year ago and a transition to a weak market.).

The average size of the real estate was 277.1 sq.m (a -36.1% decrease compared to the 433.8 sq.m of last year.).

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 21.9 min in 2014 and 28.3 min in 2015; +29.3%)

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)