Land General Information System

Basic statistics for the Mito City,Ibaraki Prefecture (Residential Land)

No.	Transaction period	No. of Samples	Unit Land Price (yen/m²)
No.	Transaction period	No. of Samples	Average	Standard Deviation	Minimum	Lower Quartile	Median	Upper Quartile	Maximum
1	1st quarter 2018	75	28,217	17,178	470	15,500	26,000	40,500	72,000
2	2nd quarter 2018	72	28,011	18,422	260	15,000	26,500	38,000	88,000
3	3rd quarter 2018	77	26,984	15,133	1,400	16,000	28,000	36,000	76,000
4	4th quarter 2018	77	29,601	18,949	380	15,000	28,000	40,000	100,000
5	1st quarter 2019	74	30,950	17,764	300	17,250	30,500	44,000	67,000
6	2nd quarter 2019	55	28,451	17,705	1,500	14,500	28,000	36,000	76,000
7	3rd quarter 2019	51	31,610	17,922	290	15,500	34,000	45,000	74,000
8	4th quarter 2019	57	29,168	16,999	2,800	15,000	28,000	42,000	74,000
9	1st quarter 2020	66	27,832	15,893	290	16,000	26,000	39,000	70,000
10	2nd quarter 2020	58	25,062	13,703	700	13,000	26,500	35,000	56,000
11	3rd quarter 2020	60	29,325	16,546	620	14,750	31,500	41,000	81,000
12	4th quarter 2020	60	33,577	15,498	1,100	24,500	34,500	44,000	62,000
13	1st quarter 2021	75	32,207	18,735	130	20,500	30,000	45,500	82,000
14	2nd quarter 2021	63	29,254	13,224	2,300	17,000	30,000	38,500	56,000
15	3rd quarter 2021	58	31,707	18,726	1,100	19,000	30,000	42,000	89,000
16	4th quarter 2021	66	30,724	22,104	430	15,500	30,500	37,000	150,000
17	1st quarter 2022	43	36,007	21,152	3,500	23,000	35,000	43,500	120,000
18	2nd quarter 2022	50	33,246	19,928	680	15,250	36,500	48,000	72,000
19	3rd quarter 2022	35	30,703	17,936	4,300	18,500	30,000	43,000	88,000
20	4th quarter 2022	8	(39,750)	(35,227)	(17,000)	(19,500)	(27,000)	(38,750)	(130,000)

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.