Land Transaction Price Overview
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Basic statistics for the central area of Tokyo (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 84 941,655 659,530 49,000 595,000 790,000 1,100,000 4,400,000
2 2nd quarter 2018 81 989,753 464,766 270,000 650,000 940,000 1,200,000 3,200,000
3 3rd quarter 2018 95 923,674 537,299 31,000 660,000 800,000 1,100,000 4,400,000
4 4th quarter 2018 66 823,939 353,493 110,000 585,000 765,000 990,000 2,000,000
5 1st quarter 2019 83 855,892 417,612 27,000 635,000 820,000 990,000 2,800,000
6 2nd quarter 2019 95 840,421 422,867 120,000 590,000 740,000 910,000 2,500,000
7 3rd quarter 2019 97 858,031 406,497 41,000 600,000 830,000 1,100,000 2,200,000
8 4th quarter 2019 93 884,355 460,501 85,000 590,000 800,000 1,100,000 3,100,000
9 1st quarter 2020 104 946,731 451,799 140,000 640,000 900,000 1,125,000 2,800,000
10 2nd quarter 2020 99 985,758 657,747 160,000 665,000 910,000 1,100,000 5,300,000
11 3rd quarter 2020 82 1,040,780 690,350 74,000 680,000 905,000 1,175,000 4,500,000
12 4th quarter 2020 101 1,003,465 540,822 140,000 660,000 930,000 1,200,000 3,600,000
13 1st quarter 2021 95 959,579 488,719 220,000 660,000 910,000 1,100,000 3,100,000
14 2nd quarter 2021 84 952,512 427,540 51,000 672,500 935,000 1,200,000 2,200,000
15 3rd quarter 2021 92 1,072,065 526,400 170,000 765,000 970,000 1,300,000 4,200,000
16 4th quarter 2021 81 1,076,074 541,336 42,000 700,000 1,000,000 1,300,000 3,200,000
17 1st quarter 2022 89 1,069,101 481,518 180,000 750,000 1,000,000 1,300,000 2,800,000
18 2nd quarter 2022 78 1,176,923 619,258 290,000 752,500 1,000,000 1,400,000 3,800,000
19 3rd quarter 2022 32 1,251,563 707,659 380,000 697,500 1,150,000 1,425,000 3,100,000
20 4th quarter 2022 15 1,263,000 732,871 45,000 850,000 1,200,000 1,450,000 3,400,000




<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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