Hankyu Arashiyama Line railway market report

Hankyu Arashiyama Line Land market overview

The average price of a sq.m Land of Hankyu Arashiyama Line (Katsura to Arashiyama), in Apr, 2014 to Jun, 2014 was 250,568 JPY/sq.m. The market value represents an increase of 52,145 JPY (+26.3%) compared to 1 year ago and a transition to a dramatic market. 5 properties exchanged hands ( The market value represents a decrease of 10 (-66.7%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 123.0 sq.m (a -43.0% decrease compared to the 215.7 sq.m of last year.).

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving locations less than ten minutes by foot from the station.

2 stations have experienced increased prices; 1 stations have experienced decreased prices. The overall trend was the same as last year. Katsura station has seen a price increase of over 20% compared to last year. The most dramatic price increase was at Katsura station, where prices have increased +51.1% compared to last year; a sq.m unit now costs 293,042 JPY/sq.m.

The top 1 stations has seen prices increase +51.1% (+99,050 JPY/sq.m). On the other hand, The bottom 1 stations has seen prices decrease -28.0% (-49,777 JPY/sq.m).

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 22.5 min in 2013 and 10.6 min in 2014; -53.0%)
  • A dramatic increase in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 6.7% of total transactions in 2013 and 20.0% of total transactions in 2014)

Breakdown of each segment

The table below shows Land dealt in Hankyu Arashiyama 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 Katsura, the highest market value along this railway was 293,042 JPY/sq.m. The market value represents an increase of 99,050 JPY (+51.1%) compared to 1 year ago and a transition to a dramatic market. 3 properties exchanged hands ( The market value represents a decrease of 7 (-70.0%) compared to 1 year ago and a transition to a dramatic market.).

The average price of a sq.m Land of Matsuo-Taisha, the lowest market value along this railway was 128,000 JPY/sq.m. The market value represents a decrease of 49,777 JPY (-28.0%) compared to 1 year ago and a transition to a dramatic market. 1 properties exchanged hands (It was the same as last year.).

Hankyu Arashiyama Line (Stations Land market overview)
Hankyu Arashiyama LineThis year(2014)1 year ago2 years ago
Katsura293,042 JPY (0.0Y/105.0sq.m)193,992 JPY (0.0Y/265.0sq.m)179,074 JPY (0.0Y/546.3sq.m)
Kamikatsura245,714 JPY (0.0Y/175.0sq.m)214,662 JPY (0.0Y/135.0sq.m)199,143 JPY (0.0Y/173.8sq.m)
Matsuo-Taisha128,000 JPY (0.0Y/125.0sq.m)177,777 JPY (0.0Y/45.0sq.m)157,665 JPY (0.0Y/86.7sq.m)
Arashiyama---

*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

Katsura293,042 JPY/sq.m (+51% compared with the previous year)

The average price of a sq.m Land of Katsura was 293,042 JPY/sq.m. The market value represents an increase of 99,050 JPY (+51.1%) compared to 1 year ago and a transition to a dramatic market. 3 properties exchanged hands ( The market value represents a decrease of 7 (-70.0%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 105.0 sq.m (a -60.4% decrease compared to the 265.0 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 27.1 min in 2013 and 12.0 min in 2014; -55.7%)
  • A dramatic increase in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 10.0% of total transactions in 2013 and 33.3% of total transactions in 2014)

Matsuo-Taisha128,000 JPY/sq.m (-28% compared with the previous year)

The average price of a sq.m Land of Matsuo-Taisha was 128,000 JPY/sq.m. The market value represents a decrease of 49,777 JPY (-28.0%) 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 125.0 sq.m (a +177.8% increase compared to the 45.0 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 14.0 min in 2013 and 9.0 min in 2014; -35.7%)

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)