Land Transaction Price Overview
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Basic statistics for the Sendai City,Miyagi 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 150 111,264 97,034 300 45,500 80,500 157,500 560,000
2 2nd quarter 2018 186 88,702 69,674 2,100 42,500 77,000 110,000 580,000
3 3rd quarter 2018 188 93,708 63,065 64 48,000 87,000 120,000 300,000
4 4th quarter 2018 133 93,450 64,419 2,600 50,000 85,000 120,000 320,000
5 1st quarter 2019 170 85,348 53,107 1,000 51,250 77,500 110,000 300,000
6 2nd quarter 2019 141 90,412 68,444 300 44,000 79,000 110,000 480,000
7 3rd quarter 2019 133 103,093 63,656 1,100 68,000 91,000 130,000 340,000
8 4th quarter 2019 135 96,391 67,065 1,000 51,000 89,000 120,000 470,000
9 1st quarter 2020 173 95,499 65,624 540 59,000 81,000 120,000 350,000
10 2nd quarter 2020 137 96,607 76,156 1,400 56,000 90,000 110,000 560,000
11 3rd quarter 2020 183 104,719 84,281 3,600 56,500 84,000 130,000 610,000
12 4th quarter 2020 216 88,172 65,650 1,000 49,000 77,500 120,000 510,000
13 1st quarter 2021 169 95,518 66,264 860 56,000 88,000 120,000 420,000
14 2nd quarter 2021 196 97,030 63,146 130 62,000 89,500 130,000 360,000
15 3rd quarter 2021 193 104,152 80,048 4,000 61,000 84,000 130,000 580,000
16 4th quarter 2021 168 105,190 105,084 170 56,750 81,000 120,000 910,000
17 1st quarter 2022 144 104,323 62,569 340 60,750 100,000 140,000 270,000
18 2nd quarter 2022 163 109,849 91,925 1,300 58,000 87,000 150,000 760,000
19 3rd quarter 2022 109 114,030 89,418 5,900 65,000 96,000 150,000 630,000
20 4th quarter 2022 35 110,926 88,385 1,900 48,500 94,000 140,000 360,000




<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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