Hojo Railway Line Hyogo 2014-1Q
Land market report

Hojo Railway Line railway market report

Hojo Railway Line Land market overview

The average price of a sq.m Land of Hojo Railway Line (Ao to Houjoumachi), in Jan, 2014 to Mar, 2014 was 35,000 JPY/sq.m. The market value represents an increase of 8,867 JPY (+33.9%) compared to 1 year ago and a transition to a dramatic market. 2 properties exchanged hands ( The market value represents a decrease of 7 (-77.8%) 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 -75.6% decrease compared to the 594.4 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; 0 stations have experienced decreased prices. Market value of most stations decreased. Houjoumachi station has seen a price increase of over 20% compared to last year. The most dramatic price increase was at Houjoumachi station, where prices have increased +90.6% compared to last year; a sq.m unit now costs 60,000 JPY/sq.m.

The top 1 stations has seen prices increase +90.6% (+28,522 JPY/sq.m). On the other hand, The bottom 1 stations has seen prices decrease +90.6% (+28,522 JPY/sq.m).

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 17.1 min in 2013 and 25.0 min in 2014; +46.1%)

Breakdown of each segment

The table below shows Land dealt in Hojo Railway 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 Houjoumachi, the highest market value along this railway was 60,000 JPY/sq.m. The market value represents an increase of 28,522 JPY (+90.6%) compared to 1 year ago and a transition to a dramatic market. 1 properties exchanged hands ( The market value represents a decrease of 6 (-85.7%) compared to 1 year ago and a transition to a dramatic market.).

The average price of a sq.m Land of Houjoumachi, the lowest market value along this railway was 60,000 JPY/sq.m. The market value represents an increase of 28,522 JPY (+90.6%) compared to 1 year ago and a transition to a dramatic market. 1 properties exchanged hands ( The market value represents a decrease of 6 (-85.7%) compared to 1 year ago and a transition to a dramatic market.).

Hojo Railway Line (Stations Land market overview)
Hojo Railway LineThis year(2014)1 year ago2 years ago
Ao10,000 JPY (0.0Y/150.0sq.m)--
Abiki-7,469 JPY (0.0Y/830.0sq.m)-
Tahara---
Hokkeguchi---
Harimashimosato--1,456 JPY (0.0Y/460.0sq.m)
Osa---
Harimayokota-12,727 JPY (0.0Y/1100.0sq.m)-
Houjoumachi60,000 JPY (0.0Y/140.0sq.m)31,478 JPY (0.0Y/488.6sq.m)22,802 JPY (0.0Y/765.8sq.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

Houjoumachi60,000 JPY/sq.m (+91% compared with the previous year)

The average price of a sq.m Land of Houjoumachi was 60,000 JPY/sq.m. The market value represents an increase of 28,522 JPY (+90.6%) compared to 1 year ago and a transition to a dramatic market. 1 properties exchanged hands ( The market value represents a decrease of 6 (-85.7%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 140.0 sq.m (a -71.3% decrease compared to the 488.6 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)