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, 2017 to Dec, 2017 was 278,910 JPY/sq.m. The market value represents an increase of 103,145 JPY (+58.7%) 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 148.0 sq.m (a -6.7% decrease compared to the 158.6 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.

1 stations have experienced increased prices; 0 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 +59.0% compared to last year; a sq.m unit now costs 261,519 JPY/sq.m.

The top 1 stations has seen prices increase +59.0% (+97,040 JPY/sq.m). On the other hand, The bottom 1 stations has seen prices decrease +59.0% (+97,040 JPY/sq.m).

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 13.4 min in 2016 and 7.4 min in 2017; -44.9%)
  • A dramatic increase in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 14.3% of total transactions in 2016 and 40.0% of total transactions in 2017)

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 261,519 JPY/sq.m. The market value represents an increase of 97,040 JPY (+59.0%) compared to 1 year ago and a transition to a dramatic market. 2 properties exchanged hands ( The market value represents a decrease of 4 (-66.7%) compared to 1 year ago and a transition to a dramatic market.).

The average price of a sq.m Land of Katsura, the lowest market value along this railway was 261,519 JPY/sq.m. The market value represents an increase of 97,040 JPY (+59.0%) compared to 1 year ago and a transition to a dramatic market. 2 properties exchanged hands ( The market value represents a decrease of 4 (-66.7%) 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
Katsura261,519 JPY (0.0Y/102.5sq.m)164,480 JPY (0.0Y/165.8sq.m)268,072 JPY (0.0Y/140.8sq.m)
Kamikatsura290,505 JPY (0.0Y/178.3sq.m)-156,095 JPY (0.0Y/115.0sq.m)
Matsuo-Taisha--56,000 JPY (0.0Y/250.0sq.m)
Arashiyama-243,478 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

Katsura261,519 JPY/sq.m (+59% compared with the previous year)

The average price of a sq.m Land of Katsura was 261,519 JPY/sq.m. The market value represents an increase of 97,040 JPY (+59.0%) compared to 1 year ago and a transition to a dramatic market. 2 properties exchanged hands ( The market value represents a decrease of 4 (-66.7%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 102.5 sq.m (a -38.2% decrease compared to the 165.8 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 14.3 min in 2016 and 9.0 min in 2017; -37.2%)

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)