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, 2017 to Sep, 2017 was 265,427 JPY/sq.m. The market value represents an increase of 109,249 JPY (+70.0%) compared to 1 year ago and a transition to a dramatic market. 5 properties exchanged hands ( The market value represents a decrease of 2 (-28.6%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 257.0 sq.m (a +40.0% increase compared to the 183.6 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.

1 stations have experienced increased prices; 1 stations have experienced decreased prices. Market value of most stations decreased. 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 +71.2% compared to last year; a sq.m unit now costs 297,500 JPY/sq.m.

The top 1 stations has seen prices increase +71.2% (+123,749 JPY/sq.m). On the other hand, The bottom 1 stations has seen prices decrease -21.4% (-32,971 JPY/sq.m).

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 12.4 min in 2016 and 9.4 min in 2017; -24.4%)

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 297,500 JPY/sq.m. The market value represents an increase of 123,749 JPY (+71.2%) compared to 1 year ago and a transition to a dramatic market. 2 properties exchanged hands ( The market value represents a decrease of 2 (-50.0%) 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 120,779 JPY/sq.m. The market value represents a decrease of 32,971 JPY (-21.4%) compared to 1 year ago and a transition to a dramatic 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(2017)1 year ago2 years ago
Katsura297,500 JPY (0.0Y/125.0sq.m)173,751 JPY (0.0Y/126.2sq.m)729,551 JPY (0.0Y/303.0sq.m)
Kamikatsura305,678 JPY (0.0Y/132.5sq.m)-210,783 JPY (0.0Y/306.2sq.m)
Matsuo-Taisha-90,740 JPY (0.0Y/540.0sq.m)202,020 JPY (0.0Y/990.0sq.m)
Arashiyama120,779 JPY (0.0Y/770.0sq.m)153,750 JPY (0.0Y/120.0sq.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

Katsura297,500 JPY/sq.m (+71% compared with the previous year)

The average price of a sq.m Land of Katsura was 297,500 JPY/sq.m. The market value represents an increase of 123,749 JPY (+71.2%) compared to 1 year ago and a transition to a dramatic market. 2 properties exchanged hands ( The market value represents a decrease of 2 (-50.0%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 125.0 sq.m (a -1.0% decrease compared to the 126.2 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 15.5 min in 2016 and 11.0 min in 2017; -29.0%)

Arashiyama120,779 JPY/sq.m (-21% compared with the previous year)

The average price of a sq.m Land of Arashiyama was 120,779 JPY/sq.m. The market value represents a decrease of 32,971 JPY (-21.4%) compared to 1 year ago and a transition to a dramatic 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 770.0 sq.m (a +541.7% increase compared to the 120.0 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 8.0 min in 2016 and 6.0 min in 2017; -25.0%)

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)