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 Jan, 2014 to Dec, 2014 was 222,002 JPY/sq.m. The market value represents an increase of 19,481 JPY (+9.6%) compared to 1 year ago and a transition to a strong market. 29 properties exchanged hands ( The market value represents a decrease of 27 (-48.2%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 242.8 sq.m (a +33.9% increase compared to the 181.3 sq.m of last year.).

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

2 stations have experienced increased prices; 2 stations have experienced decreased prices. The overall trend was the same as last year. Katsura, Kamikatsura station has seen a price increase of over 10% compared to last year. The most dramatic price increase was at Katsura station, where prices have increased +16.8% compared to last year; a sq.m unit now costs 231,638 JPY/sq.m.

The top 1 stations has seen prices increase +16.8% (+33,286 JPY/sq.m). On the other hand, The bottom 1 stations has seen prices decrease -44.7% (-117,681 JPY/sq.m).

Cause of price increases

  • A dramatic increase in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 7.1% of total transactions in 2013 and 13.8% 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 Kamikatsura, the highest market value along this railway was 233,571 JPY/sq.m. The market value represents an increase of 28,393 JPY (+13.8%) compared to 1 year ago and a transition to a bull market. 4 properties exchanged hands ( The market value represents a decrease of 5 (-55.6%) compared to 1 year ago and a transition to a dramatic market.).

The average price of a sq.m Land of Arashiyama, the lowest market value along this railway was 145,454 JPY/sq.m. The market value represents a decrease of 117,681 JPY (-44.7%) compared to 1 year ago and a transition to a dramatic market. 1 properties exchanged hands ( The market value represents a decrease of 3 (-75.0%) compared to 1 year ago and a transition to a dramatic market.).

Hankyu Arashiyama Line (Stations Land market overview)
Hankyu Arashiyama LineThis year(2014)1 year ago2 years ago
Katsura231,638 JPY (0.0Y/218.0sq.m)198,352 JPY (0.0Y/191.9sq.m)186,413 JPY (0.0Y/343.8sq.m)
Kamikatsura233,571 JPY (0.0Y/381.2sq.m)205,178 JPY (0.0Y/148.9sq.m)200,695 JPY (0.0Y/339.1sq.m)
Matsuo-Taisha181,386 JPY (0.0Y/261.2sq.m)183,826 JPY (0.0Y/97.5sq.m)146,966 JPY (0.0Y/149.4sq.m)
Arashiyama145,454 JPY (0.0Y/110.0sq.m)263,135 JPY (0.0Y/282.5sq.m)124,122 JPY (0.0Y/415.0sq.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

Katsura231,638 JPY/sq.m (+17% compared with the previous year)

The average price of a sq.m Land of Katsura was 231,638 JPY/sq.m. The market value represents an increase of 33,286 JPY (+16.8%) compared to 1 year ago and a transition to a bull market. 20 properties exchanged hands ( The market value represents a decrease of 17 (-45.9%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 218.0 sq.m (a +13.6% increase compared to the 191.9 sq.m of last year.).

Cause of price increases

  • A dramatic increase in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 2.7% of total transactions in 2013 and 10.0% of total transactions in 2014)

Arashiyama145,454 JPY/sq.m (-45% compared with the previous year)

The average price of a sq.m Land of Arashiyama was 145,454 JPY/sq.m. The market value represents a decrease of 117,681 JPY (-44.7%) compared to 1 year ago and a transition to a dramatic market. 1 properties exchanged hands ( The market value represents a decrease of 3 (-75.0%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 110.0 sq.m (a -61.1% decrease compared to the 282.5 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 4.2 min in 2013 and 3.0 min in 2014; -29.4%)
  • A dramatic increase in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 50.0% of total transactions in 2013 and 100.0% of total transactions in 2014)

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)