Hakone Tozan Railway Line Land market overview

The average price of a sq.m Land of Hakone Tozan Railway Line (Odawara to Goura), in Jan, 2017 to Mar, 2017 was 41,201 JPY/sq.m. The market value represents a decrease of 33,280 JPY (-44.7%) compared to 1 year ago and a transition to a dramatic market. 2 properties exchanged hands ( The market value represents a decrease of 19 (-90.5%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 257.5 sq.m (a -46.5% decrease compared to the 481.0 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 -57.9% (-56,662 JPY/sq.m). On the other hand, The bottom 1 stations has seen prices decrease -57.9% (-56,662 JPY/sq.m).


Cause of price increases

  • A dramatic decrease in average distance from the station (representing 30.0 min in 2016 and 19.5 min in 2017; -35.1%)

Breakdown of each segment

The table below shows Land dealt in Hakone Tozan 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:

Top

Land stations market overview

The average price of a sq.m Land of Odawara, the highest market value along this railway was 41,201 JPY/sq.m. The market value represents a decrease of 56,662 JPY (-57.9%) compared to 1 year ago and a transition to a dramatic market. 2 properties exchanged hands ( The market value represents a decrease of 8 (-80.0%) compared to 1 year ago and a transition to a dramatic market.).

The average price of a sq.m Land of Odawara, the lowest market value along this railway was 41,201 JPY/sq.m. The market value represents a decrease of 56,662 JPY (-57.9%) compared to 1 year ago and a transition to a dramatic market. 2 properties exchanged hands ( The market value represents a decrease of 8 (-80.0%) compared to 1 year ago and a transition to a dramatic market.).

Hakone Tozan Railway Line (Stations Land market overview)
Hakone Tozan Railway LineThis year(2017)1 year ago2 years ago
Odawara41,201 JPY (0.0Y/257.5sq.m)97,863 JPY (0.0Y/280.5sq.m)112,835 JPY (0.0Y/176.3sq.m)
Hakoneitabashi-116,157 JPY (0.0Y/416.7sq.m)140,000 JPY (0.0Y/250.0sq.m)
Kazamatsuri---
IRiuda---
Hakoneyumoto---
Kowakidani--4,918 JPY (0.0Y/610.0sq.m)
Goura-20,224 JPY (0.0Y/851.4sq.m)10,914 JPY (0.0Y/763.6sq.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

Odawara41,201 JPY/sq.m (-58% compared with the previous year)

The average price of a sq.m Land of Odawara was 41,201 JPY/sq.m. The market value represents a decrease of 56,662 JPY (-57.9%) compared to 1 year ago and a transition to a dramatic market. 2 properties exchanged hands ( The market value represents a decrease of 8 (-80.0%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 257.5 sq.m (a -8.2% decrease compared to the 280.5 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 24.8 min in 2016 and 19.5 min in 2017; -21.4%)

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)