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 Oct, 2016 to Dec, 2016 was 175,765 JPY/sq.m. The market value represents a decrease of 43,860 JPY (-20.0%) compared to 1 year ago and a transition to a weak market. 7 properties exchanged hands ( The market value represents a decrease of 2 (-22.2%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 158.6 sq.m (a +7.7% increase compared to the 147.2 sq.m of last year.).

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving relatively large size more than 100 sq.m.

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 -38.6% (-103,593 JPY/sq.m). On the other hand, The bottom 1 stations has seen prices decrease -38.6% (-103,593 JPY/sq.m).

Cause of price increases

  • An decrease in average distance from the station (representing 16.1 min in 2015 and 13.4 min in 2016; -16.7%)

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 44.4% of total transactions in 2015 and 14.3% of total transactions in 2016)

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

Top

Land stations market overview

The average price of a sq.m Land of Katsura, the highest market value along this railway was 164,480 JPY/sq.m. The market value represents a decrease of 103,593 JPY (-38.6%) compared to 1 year ago and a transition to a dramatic market. 6 properties exchanged hands (It was the same as last year.).

The average price of a sq.m Land of Katsura, the lowest market value along this railway was 164,480 JPY/sq.m. The market value represents a decrease of 103,593 JPY (-38.6%) compared to 1 year ago and a transition to a dramatic market. 6 properties exchanged hands (It was the same as last year.).

Hankyu Arashiyama Line (Stations Land market overview)
Hankyu Arashiyama LineThis year(2016)1 year ago2 years ago
Katsura164,480 JPY (0.0Y/165.8sq.m)268,072 JPY (0.0Y/140.8sq.m)247,131 JPY (0.0Y/325.6sq.m)
Kamikatsura-156,095 JPY (0.0Y/115.0sq.m)229,524 JPY (0.0Y/450.0sq.m)
Matsuo-Taisha-56,000 JPY (0.0Y/250.0sq.m)-
Arashiyama243,478 JPY (0.0Y/115.0sq.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.

Top

Noteworthy stations

Katsura164,480 JPY/sq.m (-39% compared with the previous year)

The average price of a sq.m Land of Katsura was 164,480 JPY/sq.m. The market value represents a decrease of 103,593 JPY (-38.6%) compared to 1 year ago and a transition to a dramatic market. 6 properties exchanged hands (It was the same as last year.).

The average size of the real estate was 165.8 sq.m (a +17.8% increase compared to the 140.8 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 18.2 min in 2015 and 14.3 min in 2016; -21.1%)

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 66.7% of total transactions in 2015 and 16.7% of total transactions in 2016)

Breakdown of each segment

Station:   Segment:

Top

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)