Land Transaction Price Overview
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Basic statistics for the Morioka City,Iwate Prefecture (Residential Land)
No. Transaction
period
No. of
Samples
Unit Land Price (yen/m²)
Average Standard
Deviation
Minimum Lower
Quartile
Median Upper
Quartile
Maximum
1 1st quarter 2018 52 47,598 25,324 2,800 29,000 51,000 63,250 110,000
2 2nd quarter 2018 43 46,242 17,290 7,400 34,000 48,000 60,000 80,000
3 3rd quarter 2018 54 47,624 20,850 2,700 38,250 47,500 56,750 120,000
4 4th quarter 2018 79 51,053 20,777 9,100 33,000 52,000 63,500 100,000
5 1st quarter 2019 44 47,389 22,275 6,000 36,500 45,000 57,500 130,000
6 2nd quarter 2019 43 48,498 25,008 8,700 26,000 50,000 63,000 110,000
7 3rd quarter 2019 58 47,405 26,053 3,200 26,750 49,500 65,000 110,000
8 4th quarter 2019 68 49,252 23,049 410 35,500 50,000 59,250 110,000
9 1st quarter 2020 36 54,250 23,702 10,000 37,500 54,500 67,250 110,000
10 2nd quarter 2020 57 52,632 17,777 14,000 39,000 57,000 65,000 90,000
11 3rd quarter 2020 68 56,074 22,806 4,400 40,750 56,000 71,250 120,000
12 4th quarter 2020 74 57,390 25,785 940 39,500 59,000 70,750 140,000
13 1st quarter 2021 61 45,836 19,901 5,400 30,000 48,000 62,000 87,000
14 2nd quarter 2021 80 52,369 21,061 170 39,000 55,000 67,000 90,000
15 3rd quarter 2021 52 61,871 24,504 8,100 51,500 64,500 73,250 150,000
16 4th quarter 2021 65 56,332 25,481 3,100 43,000 57,000 72,000 140,000
17 1st quarter 2022 55 56,922 25,994 3,500 37,000 63,000 77,000 110,000
18 2nd quarter 2022 55 58,553 27,977 5,400 42,000 56,000 71,000 120,000
19 3rd quarter 2022 23 49,522 21,441 10,000 37,000 50,000 68,000 83,000
20 4th quarter 2022 0 - - - - - - -




<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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