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, 2018 to Jun, 2018 was 190,868 JPY/sq.m. The market value represents an increase of 52,402 JPY (+37.8%) compared to 1 year ago and a transition to a dramatic market. 14 properties exchanged hands ( The market value represents an increase of 9 (+180.0%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 178.6 sq.m (a -69.4% decrease compared to the 583.0 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.

1 stations have experienced increased prices; 0 stations have experienced decreased prices. Market value of most stations decreased. Itami station has seen a price increase of over 20% compared to last year. The most dramatic price increase was at Itami station, where prices have increased +58.8% compared to last year; a sq.m unit now costs 187,254 JPY/sq.m.

The top 1 stations has seen prices increase +58.8% (+69,345 JPY/sq.m). On the other hand, The bottom 1 stations has seen prices decrease +58.8% (+69,345 JPY/sq.m).

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 26.6 min in 2017 and 14.6 min in 2018; -45.2%)

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

Top

Land stations market overview

The average price of a sq.m Land of Itami, the highest market value along this railway was 187,254 JPY/sq.m. The market value represents an increase of 69,345 JPY (+58.8%) compared to 1 year ago and a transition to a dramatic market. 3 properties exchanged hands ( The market value represents a decrease 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 Itami, the lowest market value along this railway was 187,254 JPY/sq.m. The market value represents an increase of 69,345 JPY (+58.8%) compared to 1 year ago and a transition to a dramatic market. 3 properties exchanged hands ( The market value represents a decrease of 1 (-25.0%) compared to 1 year ago and a transition to a dramatic market.).

Hankyu Itami Line (Stations Land market overview)
Hankyu Itami LineThis year(2018)1 year ago2 years ago
Tsukaguchi178,391 JPY (0.0Y/164.4sq.m)-183,956 JPY (0.0Y/117.0sq.m)
Inano252,430 JPY (0.0Y/125.0sq.m)-197,212 JPY (0.0Y/178.0sq.m)
Shinnitami-220,689 JPY (0.0Y/145.0sq.m)174,108 JPY (0.0Y/228.3sq.m)
Itami187,254 JPY (0.0Y/256.7sq.m)117,910 JPY (0.0Y/692.5sq.m)148,171 JPY (0.0Y/458.9sq.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.

Top

Noteworthy stations

Itami187,254 JPY/sq.m (+59% compared with the previous year)

The average price of a sq.m Land of Itami was 187,254 JPY/sq.m. The market value represents an increase of 69,345 JPY (+58.8%) compared to 1 year ago and a transition to a dramatic market. 3 properties exchanged hands ( The market value represents a decrease of 1 (-25.0%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 256.7 sq.m (a -62.9% decrease compared to the 692.5 sq.m of last year.).

Cause of price increases

  • An decrease in average distance from the station (representing 28.8 min in 2017 and 25.3 min in 2018; -11.9%)

Breakdown of each segment

Station:   Segment:

Top

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)