Hojo Railway Line Hyogo 2015-FY
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, 2015 to Dec, 2015 was 15,914 JPY/sq.m. The market value represents a decrease of 9,203 JPY (-36.6%) compared to 1 year ago and a transition to a dramatic market. 31 properties exchanged hands ( The market value represents an increase of 16 (+106.7%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 341.8 sq.m (a -40.2% decrease compared to the 572.0 sq.m of last year.).

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving very large size more than 200 sq.m.

0 stations have experienced increased prices; 5 stations have experienced decreased prices. The market value decreased in all stations. Osa station has seen a price decrease of over 20% compared to last year. The most dramatic price increase was at Tahara station, where prices have decreased -79.1% compared to last year; a sq.m unit now costs 3,830 JPY/sq.m.

The top 1 stations has seen prices increase -1.0% (-3 JPY/sq.m). On the other hand, The bottom 1 stations has seen prices decrease -79.1% (-14,503 JPY/sq.m).

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 22.3 min in 2014 and 16.6 min in 2015; -25.4%)

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 23,081 JPY/sq.m. The market value represents a decrease of 12,901 JPY (-35.9%) compared to 1 year ago and a transition to a dramatic market. 12 properties exchanged hands ( The market value represents an increase of 4 (+50.0%) compared to 1 year ago and a transition to a dramatic market.).

The average price of a sq.m Land of Osa, the lowest market value along this railway was 312 JPY/sq.m. The market value represents a decrease of 3 JPY (-1.0%) compared to 1 year ago and a transition to a slight market. 1 properties exchanged hands (It was the same as last year.).

Hojo Railway Line (Stations Land market overview)
Hojo Railway LineThis year(2015)1 year ago2 years ago
Ao9,012 JPY (0.0Y/268.3sq.m)11,500 JPY (0.0Y/153.3sq.m)15,500 JPY (0.0Y/295.0sq.m)
Abiki7,108 JPY (0.0Y/316.7sq.m)-7,469 JPY (0.0Y/830.0sq.m)
Tahara3,830 JPY (0.0Y/740.0sq.m)18,333 JPY (0.0Y/1090.0sq.m)-
Hokkeguchi8,125 JPY (0.0Y/320.0sq.m)10,625 JPY (0.0Y/480.0sq.m)3,867 JPY (0.0Y/962.5sq.m)
Harimashimosato18,507 JPY (0.0Y/252.5sq.m)-3,000 JPY (0.0Y/500.0sq.m)
Osa312 JPY (0.0Y/320.0sq.m)315 JPY (0.0Y/950.0sq.m)-
Harimayokota--11,051 JPY (0.0Y/1030.0sq.m)
Houjoumachi23,081 JPY (0.0Y/330.0sq.m)35,983 JPY (0.0Y/563.8sq.m)28,196 JPY (0.0Y/579.2sq.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

Osa312 JPY/sq.m (-1% compared with the previous year)

The average price of a sq.m Land of Osa was 312 JPY/sq.m. The market value represents a decrease of 3 JPY (-1.0%) compared to 1 year ago and a transition to a slight market. 1 properties exchanged hands (It was the same as last year.).

The average size of the real estate was 320.0 sq.m (a -66.3% decrease compared to the 950.0 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 28.0 min in 2014 and 20.0 min in 2015; -28.6%)

Tahara3,830 JPY/sq.m (-79% compared with the previous year)

The average price of a sq.m Land of Tahara was 3,830 JPY/sq.m. The market value represents a decrease of 14,503 JPY (-79.1%) compared to 1 year ago and a transition to a dramatic market. 3 properties exchanged hands ( The market value represents an increase of 1 (+50.0%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 740.0 sq.m (a -32.1% decrease compared to the 1090.0 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 36.5 min in 2014 and 14.0 min in 2015; -61.6%)

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)