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, 2017 to Jun, 2017 was 138,466 JPY/sq.m. The market value represents a decrease of 26,437 JPY (-16.0%) compared to 1 year ago and a transition to a weak market. 5 properties exchanged hands ( The market value represents a decrease of 26 (-83.9%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 583.0 sq.m (a +73.4% increase compared to the 336.1 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.

1 stations have experienced increased prices; 1 stations have experienced decreased prices. Market value of most stations decreased. Shinnitami station has seen a price increase of over 20% compared to last year. The most dramatic price increase was at Shinnitami station, where prices have increased +26.8% compared to last year; a sq.m unit now costs 220,689 JPY/sq.m.

The top 1 stations has seen prices increase +26.8% (+46,581 JPY/sq.m). On the other hand, The bottom 1 stations has seen prices decrease -20.4% (-30,261 JPY/sq.m).

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 17.6 min in 2016 and 26.6 min in 2017; +51.3%)

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 Shinnitami, the highest market value along this railway was 220,689 JPY/sq.m. The market value represents an increase of 46,581 JPY (+26.8%) compared to 1 year ago and a transition to a dramatic market. 1 properties exchanged hands ( The market value represents a decrease of 2 (-66.7%) 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 117,910 JPY/sq.m. The market value represents a decrease of 30,261 JPY (-20.4%) compared to 1 year ago and a transition to a dramatic market. 4 properties exchanged hands ( The market value represents a decrease of 14 (-77.8%) compared to 1 year ago and a transition to a dramatic market.).

Hankyu Itami Line (Stations Land market overview)
Hankyu Itami LineThis year(2017)1 year ago2 years ago
Tsukaguchi-183,956 JPY (0.0Y/117.0sq.m)227,810 JPY (0.0Y/115.8sq.m)
Inano-197,212 JPY (0.0Y/178.0sq.m)-
Shinnitami220,689 JPY (0.0Y/145.0sq.m)174,108 JPY (0.0Y/228.3sq.m)-
Itami117,910 JPY (0.0Y/692.5sq.m)148,171 JPY (0.0Y/458.9sq.m)129,142 JPY (0.0Y/382.5sq.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

Shinnitami220,689 JPY/sq.m (+27% compared with the previous year)

The average price of a sq.m Land of Shinnitami was 220,689 JPY/sq.m. The market value represents an increase of 46,581 JPY (+26.8%) compared to 1 year ago and a transition to a dramatic market. 1 properties exchanged hands ( The market value represents a decrease of 2 (-66.7%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 145.0 sq.m (a -36.5% decrease compared to the 228.3 sq.m of last year.).

Itami117,910 JPY/sq.m (-20% compared with the previous year)

The average price of a sq.m Land of Itami was 117,910 JPY/sq.m. The market value represents a decrease of 30,261 JPY (-20.4%) compared to 1 year ago and a transition to a dramatic market. 4 properties exchanged hands ( The market value represents a decrease of 14 (-77.8%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 692.5 sq.m (a +50.9% increase compared to the 458.9 sq.m of last year.).

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 21.4 min in 2016 and 28.8 min in 2017; +34.4%)

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)