Hanshin Namba Line railway market report
- Type: Land
- Line: Hanshin Namba Line
Amagasaki Daimotsu [2 stations] - Period: 2016 - 2Q
Apr, 2016 Jun, 2016
Hanshin Namba Line Land market overview
The average price of a sq.m Land of Hanshin Namba Line (Amagasaki to Daimotsu), in Apr, 2016 to Jun, 2016 was 174,989 JPY/sq.m. The market value represents a decrease of 122,017 JPY (-41.1%) compared to 1 year ago and a transition to a dramatic market. 7 properties exchanged hands (It was the same as last year.).
The average size of the real estate was 392.9 sq.m (a -18.6% decrease compared to the 482.9 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; 1 stations have experienced decreased prices. The market value decreased in all stations.
The top 1 stations has seen prices increase -34.8% (-103,383 JPY/sq.m). On the other hand, The bottom 1 stations has seen prices decrease -34.8% (-103,383 JPY/sq.m).
Causes of price decreases
- An increase in average distance from the station (representing 9.7 min in 2015 and 11.3 min in 2016; +16.2%)
- A slight decrease in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 14.3% of total transactions in 2015 and 14.3% of total transactions in 2016)
Breakdown of each segment
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
Land stations market overview
The average price of a sq.m Land of Amagasaki, the highest market value along this railway was 193,623 JPY/sq.m. The market value represents a decrease of 103,383 JPY (-34.8%) compared to 1 year ago and a transition to a dramatic market. 6 properties exchanged hands ( The market value represents a decrease of 1 (-14.3%) compared to 1 year ago and a transition to a weak market.).
The average price of a sq.m Land of Amagasaki, the lowest market value along this railway was 193,623 JPY/sq.m. The market value represents a decrease of 103,383 JPY (-34.8%) compared to 1 year ago and a transition to a dramatic market. 6 properties exchanged hands ( The market value represents a decrease of 1 (-14.3%) compared to 1 year ago and a transition to a weak market.).
| Hanshin Namba Line | This year（2016） | 1 year ago | 2 years ago |
|---|---|---|---|
| Amagasaki | 193,623 JPY (0.0Y/449.2sq.m) | 297,006 JPY (0.0Y/482.9sq.m) | 101,239 JPY (0.0Y/965.0sq.m) |
| Daimotsu | 81,818 JPY (0.0Y/55.0sq.m) | - | 174,358 JPY (0.0Y/195.0sq.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.
Noteworthy stations
Amagasaki 193,623 JPY/sq.m (-35% compared with the previous year)
The average price of a sq.m Land of Amagasaki was 193,623 JPY/sq.m. The market value represents a decrease of 103,383 JPY (-34.8%) compared to 1 year ago and a transition to a dramatic market. 6 properties exchanged hands ( The market value represents a decrease of 1 (-14.3%) compared to 1 year ago and a transition to a weak market.).
The average size of the real estate was 449.2 sq.m (a -7.0% decrease compared to the 482.9 sq.m of last year.).
Cause of price increases
- An increase in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 14.3% of total transactions in 2015 and 16.7% of total transactions in 2016)
Causes of price decreases
- A dramatic increase in average distance from the station (representing 9.7 min in 2015 and 12.2 min in 2016; +25.2%)
Breakdown of each segment
Station: Segment: