JR Obama Line Kyoto 2016-1Q
Land market report

JR Obama Line railway market report

JR Obama Line Land market overview

The average price of a sq.m Land of JR Obama Line (Matsunoodera to Higashimaiduru), in Jan, 2016 to Mar, 2016 was 29,473 JPY/sq.m. The market value represents a decrease of 11,293 JPY (-27.7%) compared to 1 year ago and a transition to a dramatic market. 1 properties exchanged hands ( The market value represents a decrease of 2 (-66.7%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 190.0 sq.m (a -9.5% decrease compared to the 210.0 sq.m of last year.).

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving locations less than ten minutes by foot from the station.

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 -27.7% (-11,293 JPY/sq.m). On the other hand, The bottom 1 stations has seen prices decrease -27.7% (-11,293 JPY/sq.m).

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 19.7 min in 2015 and 6.0 min in 2016; -69.5%)

Breakdown of each segment

The table below shows Land dealt in JR Obama 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 Higashimaiduru, the highest market value along this railway was 29,473 JPY/sq.m. The market value represents a decrease of 11,293 JPY (-27.7%) compared to 1 year ago and a transition to a dramatic market. 1 properties exchanged hands ( The market value represents a decrease 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 Higashimaiduru, the lowest market value along this railway was 29,473 JPY/sq.m. The market value represents a decrease of 11,293 JPY (-27.7%) compared to 1 year ago and a transition to a dramatic market. 1 properties exchanged hands ( The market value represents a decrease of 2 (-66.7%) compared to 1 year ago and a transition to a dramatic market.).

JR Obama Line (Stations Land market overview)
JR Obama LineThis year(2016)1 year ago2 years ago
Matsunoodera---
Higashimaiduru29,473 JPY (0.0Y/190.0sq.m)40,766 JPY (0.0Y/210.0sq.m)67,593 JPY (0.0Y/218.3sq.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.

Top

Noteworthy stations

Higashimaiduru29,473 JPY/sq.m (-28% compared with the previous year)

The average price of a sq.m Land of Higashimaiduru was 29,473 JPY/sq.m. The market value represents a decrease of 11,293 JPY (-27.7%) compared to 1 year ago and a transition to a dramatic market. 1 properties exchanged hands ( The market value represents a decrease of 2 (-66.7%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 190.0 sq.m (a -9.5% 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 19.7 min in 2015 and 6.0 min in 2016; -69.5%)

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)