Land Transaction Price Overview
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Basic statistics for the Hakodate City,Hokkaido (Residential Land)
No. Transaction
period
No. of
Samples
Unit Land Price (yen/m²)
Average Standard
Deviation
Minimum Lower
Quartile
Median Upper
Quartile
Maximum
1 4th quarter 2018 46 32,841 16,288 4,500 25,250 33,500 41,000 91,000
2 1st quarter 2019 42 29,807 14,276 1,200 21,500 29,000 40,000 61,000
3 2nd quarter 2019 56 31,368 14,087 1,000 24,000 35,000 42,000 57,000
4 3rd quarter 2019 72 33,907 15,825 710 23,750 35,500 44,000 75,000
5 4th quarter 2019 45 31,141 18,509 54 18,000 33,000 41,000 90,000
6 1st quarter 2020 50 32,647 18,000 730 20,750 35,000 43,750 78,000
7 2nd quarter 2020 43 32,537 14,565 1,200 24,000 34,000 39,500 75,000
8 3rd quarter 2020 55 27,457 16,652 230 17,000 27,000 38,500 76,000
9 4th quarter 2020 58 36,619 14,138 15 29,250 38,000 44,750 75,000
10 1st quarter 2021 46 31,896 12,724 4,900 24,250 33,500 41,000 60,000
11 2nd quarter 2021 72 34,196 15,730 300 27,000 36,000 42,000 78,000
12 3rd quarter 2021 64 33,520 13,952 4,900 24,750 35,000 41,000 68,000
13 4th quarter 2021 61 30,342 17,823 450 18,000 31,000 42,000 91,000
14 1st quarter 2022 52 35,850 13,043 180 28,500 38,000 43,000 79,000
15 2nd quarter 2022 39 33,343 13,634 880 24,500 36,000 44,000 56,000
16 3rd quarter 2022 55 32,546 16,775 840 22,500 36,000 45,000 68,000
17 4th quarter 2022 52 36,540 13,962 4,400 32,000 39,000 44,000 64,000
18 1st quarter 2023 56 37,589 19,422 1,600 25,750 38,000 47,250 97,000
19 2nd quarter 2023 31 30,790 14,046 1,400 22,500 35,000 40,000 55,000
20 3rd quarter 2023 29 33,869 15,137 2,000 30,000 36,000 39,000 80,000




<Points to remember when viewing the data>
These data are based on the results of a questionnaire survey on land and building transactions in the target areas. Since each plot of land and building have unique characteristics (location, condition of the frontage road, area, use, etc.), the transactions conducted in each compilation period differ in nature because they reflect the unique characteristics of the land and buildings. Moreover, since the actual transaction price also reflect the circumstances of the persons involved (rushed sale, rushed purchase, etc.), they may vary from the price expected in normal transactions. For these reasons, the results posted on this website should not be considered to represent the overall transaction trends or the overall levels of land prices, etc. in the target areas during these compilation periods.
In the future, more samples may be added to the data for each quarter. Please note that the number of samples in the last quarter, in particular, may significantly change in the next quarter or later.


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