Hojo Railway Line Hyogo 2014-3Q
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 Jul, 2014 to Sep, 2014 was 23,470 JPY/sq.m. The market value represents an increase of 218 JPY (+0.9%) compared to 1 year ago and a transition to a slight market. 13 properties exchanged hands ( The market value represents an increase of 2 (+18.2%) compared to 1 year ago and a transition to a bull market.).

The average size of the real estate was 637.7 sq.m (a +33.7% increase compared to the 476.8 sq.m of last year.).

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving relatively large size more than 100 sq.m.

2 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 Hokkeguchi station, where prices have increased +537.8% compared to last year; a sq.m unit now costs 10,625 JPY/sq.m.

The top 1 stations has seen prices increase +537.8% (+8,959 JPY/sq.m). On the other hand, The bottom 1 stations has seen prices decrease +28.1% (+7,141 JPY/sq.m).


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 32,552 JPY/sq.m. The market value represents an increase of 7,141 JPY (+28.1%) compared to 1 year ago and a transition to a dramatic market. 7 properties exchanged hands ( The market value represents a decrease of 3 (-30.0%) compared to 1 year ago and a transition to a dramatic market.).

The average price of a sq.m Land of Hokkeguchi, the lowest market value along this railway was 10,625 JPY/sq.m. The market value represents an increase of 8,959 JPY (+537.8%) compared to 1 year ago and a transition to a dramatic market. 1 properties exchanged hands (It was the same as last year.).

Hojo Railway Line (Stations Land market overview)
Hojo Railway LineThis year(2014)1 year ago2 years ago
Ao12,250 JPY (0.0Y/155.0sq.m)--
Abiki---
Tahara18,333 JPY (0.0Y/1090.0sq.m)-30,909 JPY (0.0Y/165.0sq.m)
Hokkeguchi10,625 JPY (0.0Y/480.0sq.m)1,666 JPY (0.0Y/180.0sq.m)-
Harimashimosato--2,121 JPY (0.0Y/330.0sq.m)
Osa315 JPY (0.0Y/950.0sq.m)--
Harimayokota---
Houjoumachi32,552 JPY (0.0Y/624.3sq.m)25,410 JPY (0.0Y/506.5sq.m)40,662 JPY (0.0Y/254.0sq.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.

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Noteworthy stations

Hokkeguchi10,625 JPY/sq.m (+538% compared with the previous year)

The average price of a sq.m Land of Hokkeguchi was 10,625 JPY/sq.m. The market value represents an increase of 8,959 JPY (+537.8%) compared to 1 year ago and a transition to a dramatic market. 1 properties exchanged hands (It was the same as last year.).

The average size of the real estate was 480.0 sq.m (a +166.7% increase compared to the 180.0 sq.m of last year.).

Houjoumachi32,552 JPY/sq.m (+28% compared with the previous year)

The average price of a sq.m Land of Houjoumachi was 32,552 JPY/sq.m. The market value represents an increase of 7,141 JPY (+28.1%) compared to 1 year ago and a transition to a dramatic market. 7 properties exchanged hands ( The market value represents a decrease of 3 (-30.0%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 624.3 sq.m (a +23.3% increase compared to the 506.5 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 20.6 min in 2013 and 13.6 min in 2014; -34.1%)

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)