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 Apr, 2016 to Jun, 2016 was 164,902 JPY/sq.m. The market value represents a decrease of 23,441 JPY (-12.4%) compared to 1 year ago and a transition to a weak market. 31 properties exchanged hands ( The market value represents an increase of 21 (+210.0%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 336.1 sq.m (a +51.1% increase compared to the 222.5 sq.m of last year.).

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving very large size more than 200 sq.m.

1 stations have experienced increased prices; 1 stations have experienced decreased prices. Market value of most stations decreased. Itami station has seen a price increase of over 10% compared to last year. The most dramatic price increase was at Itami station, where prices have increased +14.7% compared to last year; a sq.m unit now costs 148,171 JPY/sq.m.

The top 1 stations has seen prices increase +14.7% (+19,028 JPY/sq.m). On the other hand, The bottom 1 stations has seen prices decrease -19.3% (-43,854 JPY/sq.m).


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 183,956 JPY/sq.m. The market value represents a decrease of 43,854 JPY (-19.3%) compared to 1 year ago and a transition to a weak market. 5 properties exchanged hands ( The market value represents a decrease of 1 (-16.7%) compared to 1 year ago and a transition to a weak market.).

The average price of a sq.m Land of Itami, the lowest market value along this railway was 148,171 JPY/sq.m. The market value represents an increase of 19,028 JPY (+14.7%) compared to 1 year ago and a transition to a bull market. 18 properties exchanged hands ( The market value represents an increase of 14 (+350.0%) compared to 1 year ago and a transition to a dramatic market.).

Hankyu Itami Line (Stations Land market overview)
Hankyu Itami LineThis year(2016)1 year ago2 years ago
Tsukaguchi183,956 JPY (0.0Y/117.0sq.m)227,810 JPY (0.0Y/115.8sq.m)180,826 JPY (0.0Y/116.7sq.m)
Inano197,212 JPY (0.0Y/178.0sq.m)-228,571 JPY (0.0Y/105.0sq.m)
Shinnitami174,108 JPY (0.0Y/228.3sq.m)-168,421 JPY (0.0Y/95.0sq.m)
Itami148,171 JPY (0.0Y/458.9sq.m)129,142 JPY (0.0Y/382.5sq.m)158,725 JPY (0.0Y/106.4sq.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

Itami148,171 JPY/sq.m (+15% compared with the previous year)

The average price of a sq.m Land of Itami was 148,171 JPY/sq.m. The market value represents an increase of 19,028 JPY (+14.7%) compared to 1 year ago and a transition to a bull market. 18 properties exchanged hands ( The market value represents an increase of 14 (+350.0%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 458.9 sq.m (a +20.0% increase compared to the 382.5 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 27.0 min in 2015 and 21.4 min in 2016; -20.8%)

Tsukaguchi183,956 JPY/sq.m (-19% compared with the previous year)

The average price of a sq.m Land of Tsukaguchi was 183,956 JPY/sq.m. The market value represents a decrease of 43,854 JPY (-19.3%) compared to 1 year ago and a transition to a weak market. 5 properties exchanged hands ( The market value represents a decrease of 1 (-16.7%) compared to 1 year ago and a transition to a weak market.).

The average size of the real estate was 117.0 sq.m (a +1.0% increase compared to the 115.8 sq.m of last year.).


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)