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 Jul, 2015 to Sep, 2015 was 469,291 JPY/sq.m. The market value represents an increase of 267,805 JPY (+132.9%) compared to 1 year ago and a transition to a dramatic market. 10 properties exchanged hands ( The market value represents a decrease of 1 (-9.1%) compared to 1 year ago and a transition to a bear market.).

The average size of the real estate was 373.0 sq.m (a +173.5% increase compared to the 136.4 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.

1 stations have experienced increased prices; 1 stations have experienced decreased prices. Market value of most stations decreased. Matsuo-Taisha station has seen a price decrease of over 20% compared to last year. The most dramatic price increase was at Matsuo-Taisha station, where prices have decreased -2.2% compared to last year; a sq.m unit now costs 202,020 JPY/sq.m.

The top 1 stations has seen prices increase +252.1% (+522,357 JPY/sq.m). On the other hand, The bottom 1 stations has seen prices decrease -2.2% (-4,646 JPY/sq.m).

Cause of price increases

  • An decrease in average distance from the station (representing 20.4 min in 2014 and 16.5 min in 2015; -19.0%)

Causes of price decreases

  • A dramatic decrease in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 18.2% of total transactions in 2014 and 10.0% of total transactions in 2015)

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 729,551 JPY/sq.m. The market value represents an increase of 522,357 JPY (+252.1%) compared to 1 year ago and a transition to a dramatic market. 5 properties exchanged hands ( The market value represents a decrease of 3 (-37.5%) 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 202,020 JPY/sq.m. The market value represents a decrease of 4,646 JPY (-2.2%) compared to 1 year ago and a transition to a slight market. 1 properties exchanged hands ( The market value represents a decrease of 1 (-50.0%) compared to 1 year ago and a transition to a dramatic market.).

Hankyu Arashiyama Line (Stations Land market overview)
Hankyu Arashiyama LineThis year(2015)1 year ago2 years ago
Katsura729,551 JPY (0.0Y/303.0sq.m)207,194 JPY (0.0Y/153.8sq.m)209,490 JPY (0.0Y/143.6sq.m)
Kamikatsura210,783 JPY (0.0Y/306.2sq.m)-192,857 JPY (0.0Y/140.0sq.m)
Matsuo-Taisha202,020 JPY (0.0Y/990.0sq.m)206,666 JPY (0.0Y/80.0sq.m)230,769 JPY (0.0Y/130.0sq.m)
Arashiyama-145,454 JPY (0.0Y/110.0sq.m)263,135 JPY (0.0Y/282.5sq.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

Katsura729,551 JPY/sq.m (+252% compared with the previous year)

The average price of a sq.m Land of Katsura was 729,551 JPY/sq.m. The market value represents an increase of 522,357 JPY (+252.1%) compared to 1 year ago and a transition to a dramatic market. 5 properties exchanged hands ( The market value represents a decrease of 3 (-37.5%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 303.0 sq.m (a +97.1% increase compared to the 153.8 sq.m of last year.).

Cause of price increases

  • An decrease in average distance from the station (representing 25.4 min in 2014 and 22.4 min in 2015; -11.7%)

Matsuo-Taisha202,020 JPY/sq.m (-2% compared with the previous year)

The average price of a sq.m Land of Matsuo-Taisha was 202,020 JPY/sq.m. The market value represents a decrease of 4,646 JPY (-2.2%) compared to 1 year ago and a transition to a slight market. 1 properties exchanged hands ( The market value represents a decrease of 1 (-50.0%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 990.0 sq.m (a +1137.5% increase compared to the 80.0 sq.m of last year.).


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)