JR東西線 railway market report

  • Type: 中古マンション
  • Line: JR東西線
    N/A N/A   [8 stations]
  • Period: 2018 - 2Q
    Apr, 2018 Jun, 2018

JR東西線 中古マンション market overview

The average price of a sq.m Apartment of JR Tozai Line (N/A to N/A), in Apr, 2018 to Jun, 2018 was 491,574 JPY/sq.m. The market value represents a decrease of 252,474 JPY (-33.9%) compared to 1 year ago and a transition to a dramatic market. 31 properties exchanged hands ( The market value represents an increase of 29 (+1450.0%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 21.3 years old (a +89.2% increase compared to the 11.3 years old of last year.). The average size of the real estate was 39.7 sq.m (a -36.5% decrease compared to the 62.5 sq.m of last year.).

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

1 stations have experienced increased prices; 1 stations have experienced decreased prices. Market value of most stations decreased. N/A station has seen a price increase of over 10% compared to last year. The most dramatic price increase was at N/A station, where prices have increased +15.4% compared to last year; a sq.m unit now costs 750,000 JPY/sq.m.

The top 1 stations has seen prices increase +15.4% (+100,000 JPY/sq.m). On the other hand, The bottom 1 stations has seen prices decrease -38.6% (-323,832 JPY/sq.m).

Causes of price decreases

  • A dramatic increase in average age of the building (representing 11.3 years old in 2017 and 21.3 years old in 2018; +89.2%)
  • A dramatic increase in average distance from the station (representing 3.5 min in 2017 and 5.1 min in 2018; +46.5%)
  • A dramatic decrease in transactions involving locations near to the station less than three minutes by foot from the station (representing 50.0% of total transactions in 2017 and 25.8% of total transactions in 2018)

Breakdown of each segment

The table below shows 中古マンション dealt in JR東西線, 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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中古マンション stations market overview

The average price of a sq.m Apartment of N/A, the highest market value along this railway was 750,000 JPY/sq.m. The market value represents an increase of 100,000 JPY (+15.4%) compared to 1 year ago and a transition to a bull market. 2 properties exchanged hands ( The market value represents an increase of 1 (+100.0%) compared to 1 year ago and a transition to a dramatic market.).

The average price of a sq.m Apartment of N/A, the lowest market value along this railway was 514,263 JPY/sq.m. The market value represents a decrease of 323,832 JPY (-38.6%) compared to 1 year ago and a transition to a dramatic market. 8 properties exchanged hands ( The market value represents an increase of 7 (+700.0%) compared to 1 year ago and a transition to a dramatic market.).

JR Tozai Line (Stations Rental Flat market overview)
JR Tozai LineThis year(2018)1 year ago2 years ago
N/A412,943 JPY (29.4Y/51.4sq.m)-416,978 JPY (19.4Y/52.7sq.m)
N/A--695,555 JPY (10.3Y/16.7sq.m)
N/A574,834 JPY (20.4Y/28.9sq.m)-710,632 JPY (9.4Y/49.6sq.m)
N/A--623,290 JPY (13.9Y/53.3sq.m)
N/A514,263 JPY (19.0Y/32.5sq.m)838,095 JPY (6.3Y/105.0sq.m)535,800 JPY (13.4Y/55.0sq.m)
N/A750,000 JPY (7.3Y/20.0sq.m)650,000 JPY (16.3Y/20.0sq.m)-
N/A359,163 JPY (17.6Y/61.7sq.m)-263,905 JPY (29.7Y/61.0sq.m)
N/A241,544 JPY (22.8Y/62.5sq.m)-327,272 JPY (15.3Y/55.0sq.m)

*Average unit prices per sq.m of 中古マンション 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

N/A750,000 JPY/sq.m (+15% compared with the previous year)

The average price of a sq.m Apartment of N/A was 750,000 JPY/sq.m. The market value represents an increase of 100,000 JPY (+15.4%) compared to 1 year ago and a transition to a bull market. 2 properties exchanged hands ( The market value represents an increase of 1 (+100.0%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 7.3 years old (a -55.4% decrease compared to the 16.3 years old of last year.). The average size of the real estate was 20.0 sq.m (a +0.0% decrease compared to the 20.0 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average age of the building (representing 16.3 years old in 2017 and 7.3 years old in 2018; -55.4%)

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 2.0 min in 2017 and 5.5 min in 2018; +175.0%)
  • A dramatic decrease in transactions involving locations near to the station less than three minutes by foot from the station (representing 100.0% of total transactions in 2017 and 50.0% of total transactions in 2018)

N/A514,263 JPY/sq.m (-39% compared with the previous year)

The average price of a sq.m Apartment of N/A was 514,263 JPY/sq.m. The market value represents a decrease of 323,832 JPY (-38.6%) compared to 1 year ago and a transition to a dramatic market. 8 properties exchanged hands ( The market value represents an increase of 7 (+700.0%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 19.0 years old (a +203.9% increase compared to the 6.3 years old of last year.). The average size of the real estate was 32.5 sq.m (a -69.0% decrease compared to the 105.0 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 5.0 min in 2017 and 3.5 min in 2018; -30.0%)

Causes of price decreases

  • A dramatic increase in average age of the building (representing 6.3 years old in 2017 and 19.0 years old in 2018; +203.9%)
  • An 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 2017 and 87.5% of total transactions in 2018)

Breakdown of each segment

Station:   Segment:

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ウチノカチ, 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)