Hankyu Kyoto Main Line railway market report

Hankyu Kyoto Main Line Land market overview

The average price of a sq.m Land of Hankyu Kyoto Main Line (Ooyamazaki to Kawaramachi), in Jan, 2015 to Mar, 2015 was 208,459 JPY/sq.m. The market value represents a decrease of 34,085 JPY (-14.1%) compared to 1 year ago and a transition to a weak market. 25 properties exchanged hands ( The market value represents an increase of 9 (+56.2%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 243.4 sq.m (a -35.4% decrease compared to the 376.9 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.

4 stations have experienced increased prices; 2 stations have experienced decreased prices. Market value of most stations decreased. Higashimukou, Rakusaiguchi, Katsura, Nishikyougoku station has seen a price increase of over 20% compared to last year. The most dramatic price increase was at Rakusaiguchi station, where prices have increased +58.8% compared to last year; a sq.m unit now costs 257,308 JPY/sq.m.

The top 2 stations has seen prices increase +57.7% (+81,332 JPY/sq.m). On the other hand, The bottom 2 stations has seen prices decrease -31.9% (-148,819 JPY/sq.m).

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 14.3 min in 2014 and 9.7 min in 2015; -32.4%)

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 25.0% of total transactions in 2014 and 12.0% of total transactions in 2015)

Breakdown of each segment

The table below shows Land dealt in Hankyu Kyoto Main 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 Oomiya, the highest market value along this railway was 480,000 JPY/sq.m. The market value represents a decrease of 109,304 JPY (-18.5%) compared to 1 year ago and a transition to a weak 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 price of a sq.m Land of Katsura, the lowest market value along this railway was 186,388 JPY/sq.m. The market value represents an increase of 67,341 JPY (+56.6%) compared to 1 year ago and a transition to a dramatic market. 6 properties exchanged hands ( The market value represents an increase of 5 (+500.0%) compared to 1 year ago and a transition to a dramatic market.).

Hankyu Kyoto Main Line (Stations Land market overview)
Hankyu Kyoto Main LineThis year(2015)1 year ago2 years ago
Ooyamazaki--111,111 JPY (0.0Y/990.0sq.m)
Nishiyama-Tennozan82,863 JPY (0.0Y/160.0sq.m)--
Nagaokatennjinn-204,413 JPY (0.0Y/200.0sq.m)192,967 JPY (0.0Y/166.2sq.m)
Nishimukou-79,927 JPY (0.0Y/503.3sq.m)117,960 JPY (0.0Y/581.7sq.m)
Higashimukou207,692 JPY (0.0Y/260.0sq.m)173,015 JPY (0.0Y/160.0sq.m)183,472 JPY (0.0Y/130.0sq.m)
Rakusaiguchi257,308 JPY (0.0Y/212.5sq.m)161,984 JPY (0.0Y/590.0sq.m)238,391 JPY (0.0Y/372.5sq.m)
Katsura186,388 JPY (0.0Y/161.7sq.m)119,047 JPY (0.0Y/210.0sq.m)185,498 JPY (0.0Y/187.5sq.m)
Nishikyougoku230,744 JPY (0.0Y/118.8sq.m)181,818 JPY (0.0Y/330.0sq.m)231,975 JPY (0.0Y/816.2sq.m)
Saiinn228,333 JPY (0.0Y/191.2sq.m)416,666 JPY (0.0Y/60.0sq.m)321,389 JPY (0.0Y/217.5sq.m)
Oomiya480,000 JPY (0.0Y/125.0sq.m)589,304 JPY (0.0Y/877.5sq.m)223,299 JPY (0.0Y/126.7sq.m)
Karasuma---
Kawaramachi-461,538 JPY (0.0Y/65.0sq.m)297,272 JPY (0.0Y/190.0sq.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

Rakusaiguchi257,308 JPY/sq.m (+59% compared with the previous year)

The average price of a sq.m Land of Rakusaiguchi was 257,308 JPY/sq.m. The market value represents an increase of 95,324 JPY (+58.8%) compared to 1 year ago and a transition to a dramatic market. 4 properties exchanged hands ( The market value represents an increase of 2 (+100.0%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 212.5 sq.m (a -64.0% decrease compared to the 590.0 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 13.5 min in 2014 and 5.0 min in 2015; -63.0%)

Causes of price decreases

  • A slight decrease in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 50.0% of total transactions in 2014 and 50.0% of total transactions in 2015)

Katsura186,388 JPY/sq.m (+57% compared with the previous year)

The average price of a sq.m Land of Katsura was 186,388 JPY/sq.m. The market value represents an increase of 67,341 JPY (+56.6%) compared to 1 year ago and a transition to a dramatic market. 6 properties exchanged hands ( The market value represents an increase of 5 (+500.0%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 161.7 sq.m (a -23.0% decrease compared to the 210.0 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 60.0 min in 2014 and 11.0 min in 2015; -81.7%)

Saiinn228,333 JPY/sq.m (-45% compared with the previous year)

The average price of a sq.m Land of Saiinn was 228,333 JPY/sq.m. The market value represents a decrease of 188,333 JPY (-45.2%) compared to 1 year ago and a transition to a dramatic market. 4 properties exchanged hands ( The market value represents an increase of 3 (+300.0%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 191.2 sq.m (a +218.8% increase compared to the 60.0 sq.m of last year.).

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 3.0 min in 2014 and 7.2 min in 2015; +141.7%)
  • A dramatic decrease in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 100.0% of total transactions in 2014 and 25.0% of total transactions in 2015)

Oomiya480,000 JPY/sq.m (-19% compared with the previous year)

The average price of a sq.m Land of Oomiya was 480,000 JPY/sq.m. The market value represents a decrease of 109,304 JPY (-18.5%) compared to 1 year ago and a transition to a weak 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 125.0 sq.m (a -85.8% decrease compared to the 877.5 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 6.0 min in 2014 and 1.0 min in 2015; -83.3%)

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)