Hankyu Arashiyama Line Kyoto 2017-FY
Land market report

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, 2017 to Dec, 2017 was 260,413 JPY/sq.m. The market value represents an increase of 64,079 JPY (+32.6%) compared to 1 year ago and a transition to a dramatic market. 11 properties exchanged hands ( The market value represents a decrease of 14 (-56.0%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 203.2 sq.m (a +25.7% increase compared to the 161.6 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.

2 stations have experienced increased prices; 1 stations have experienced decreased prices. The overall trend was the same as last year. Katsura, Kamikatsura 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 +38.6% compared to last year; a sq.m unit now costs 279,510 JPY/sq.m.

The top 1 stations has seen prices increase +38.6% (+77,873 JPY/sq.m). On the other hand, The bottom 1 stations has seen prices decrease -28.2% (-51,841 JPY/sq.m).

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 13.4 min in 2016 and 8.0 min in 2017; -40.5%)
  • A dramatic increase in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 8.0% of total transactions in 2016 and 27.3% 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

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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 296,574 JPY/sq.m. The market value represents an increase of 58,240 JPY (+24.4%) compared to 1 year ago and a transition to a dramatic market. 5 properties exchanged hands ( The market value represents an increase of 2 (+66.7%) 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 131,818 JPY/sq.m. The market value represents a decrease of 51,841 JPY (-28.2%) compared to 1 year ago and a transition to a dramatic market. 2 properties exchanged hands ( The market value represents a decrease of 1 (-33.3%) 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
Katsura279,510 JPY (0.0Y/113.8sq.m)201,637 JPY (0.0Y/146.2sq.m)357,195 JPY (0.0Y/207.2sq.m)
Kamikatsura296,574 JPY (0.0Y/160.0sq.m)238,333 JPY (0.0Y/150.0sq.m)219,207 JPY (0.0Y/223.3sq.m)
Matsuo-Taisha-107,274 JPY (0.0Y/375.0sq.m)129,010 JPY (0.0Y/620.0sq.m)
Arashiyama131,818 JPY (0.0Y/490.0sq.m)183,659 JPY (0.0Y/118.3sq.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

Katsura279,510 JPY/sq.m (+39% compared with the previous year)

The average price of a sq.m Land of Katsura was 279,510 JPY/sq.m. The market value represents an increase of 77,873 JPY (+38.6%) compared to 1 year ago and a transition to a dramatic market. 4 properties exchanged hands ( The market value represents a decrease of 13 (-76.5%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 113.8 sq.m (a -22.2% decrease compared to the 146.2 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 15.9 min in 2016 and 10.0 min in 2017; -37.0%)

Arashiyama131,818 JPY/sq.m (-28% compared with the previous year)

The average price of a sq.m Land of Arashiyama was 131,818 JPY/sq.m. The market value represents a decrease of 51,841 JPY (-28.2%) compared to 1 year ago and a transition to a dramatic market. 2 properties exchanged hands ( The market value represents a decrease of 1 (-33.3%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 490.0 sq.m (a +314.1% increase compared to the 118.3 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 5.0 min in 2017; -37.5%)

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)