Real Estate Market Report: Hakodate City, Hokkaido
Hokkaido's Hakodate City, nestled at the southern tip of Japan's northern island, presents a unique blend of historical architecture, scenic landscapes, and a vibrant real estate market. Its strategic location, coupled with the blend of traditional and modern living, makes it an attractive proposition for real estate investors and homebuyers alike. Understanding the ins and outs of this market requires a dive into recent transaction prices, price trends across different building ages, and analysis of price variations by construction year cohorts.
Ratio of population of foreigners (per 100,000 persons)
393.9
Rate of population change
-5.6%
Number of elementary schools (per inhabitable area 100 km2)
35.01
Number of lower secondary schools (per inhabitable area 100 km2)
18.73
Number of upper secondary schools (per inhabitable area 100 km2)
11.4
Unemployment rate (Both sexes)
4.9%
Percentage of owned houses
57.2%
Number of retail stores (per 1,000 persons)
9.52
Number of eating and drinking places (per 1,000 persons)
6.58
Number of department stores and general merchandise stores (per 100,000 persons)
1.88
Number of traffic accidents (per 100,000 persons)
577.4
Number of recognitions of criminal offenses (per 1,000 persons)
14.72
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