JR Hachinohe Line Land market overview

The average price of a sq.m Land of JR Hachinohe Line (Kadonohama to Kuji), in Apr, 2015 to Jun, 2015 was 14,100 JPY/sq.m. The market value represents an increase of 241 JPY (+1.7%) compared to 1 year ago and a transition to a slight market. 7 properties exchanged hands ( The market value represents an increase of 4 (+133.3%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 508.6 sq.m (a +28.2% increase compared to the 396.7 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.

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 -25.0% (-5,278 JPY/sq.m). On the other hand, The bottom 1 stations has seen prices decrease -25.0% (-5,278 JPY/sq.m).


Causes of price decreases

  • A dramatic increase in average distance from the station (representing 17.0 min in 2014 and 50.6 min in 2015; +197.5%)

Breakdown of each segment

The table below shows Land dealt in JR Hachinohe 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:

Top

Land stations market overview

The average price of a sq.m Land of Kuji, the highest market value along this railway was 15,875 JPY/sq.m. The market value represents a decrease of 5,278 JPY (-25.0%) compared to 1 year ago and a transition to a dramatic market. 6 properties exchanged hands ( The market value represents an increase of 5 (+500.0%) compared to 1 year ago and a transition to a dramatic market.).

The average price of a sq.m Land of Kuji, the lowest market value along this railway was 15,875 JPY/sq.m. The market value represents a decrease of 5,278 JPY (-25.0%) compared to 1 year ago and a transition to a dramatic market. 6 properties exchanged hands ( The market value represents an increase of 5 (+500.0%) compared to 1 year ago and a transition to a dramatic market.).

JR Hachinohe Line (Stations Land market overview)
JR Hachinohe LineThis year(2015)1 year ago2 years ago
Kadonohama-4,666 JPY (0.0Y/600.0sq.m)-
Hiranai---
Taneichi--5,526 JPY (0.0Y/380.0sq.m)
Tamagawa---
Rikuchuuyagi3,448 JPY (0.0Y/290.0sq.m)-7,857 JPY (0.0Y/980.0sq.m)
Rikuchuunakano---
Samuraihama--10,394 JPY (0.0Y/766.0sq.m)
Rikuchuunatsui-15,757 JPY (0.0Y/330.0sq.m)-
Kuji15,875 JPY (0.0Y/545.0sq.m)21,153 JPY (0.0Y/260.0sq.m)19,787 JPY (0.0Y/592.1sq.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

Kuji15,875 JPY/sq.m (-25% compared with the previous year)

The average price of a sq.m Land of Kuji was 15,875 JPY/sq.m. The market value represents a decrease of 5,278 JPY (-25.0%) compared to 1 year ago and a transition to a dramatic market. 6 properties exchanged hands ( The market value represents an increase of 5 (+500.0%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 545.0 sq.m (a +109.6% increase compared to the 260.0 sq.m of last year.).

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 23.0 min in 2014 and 39.0 min in 2015; +69.6%)

Breakdown of each segment

Station:   Segment:

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)