Land Transaction Price Overview
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Basic statistics for the Nara City,Nara 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 46 84,196 35,600 21,000 60,250 84,000 100,000 200,000
2 2nd quarter 2018 30 90,533 55,035 18,000 61,750 85,000 107,500 330,000
3 3rd quarter 2018 53 92,891 42,353 1,100 73,000 89,000 120,000 180,000
4 4th quarter 2018 52 75,977 41,281 710 56,750 69,000 93,000 220,000
5 1st quarter 2019 67 92,717 44,973 450 68,000 86,000 110,000 230,000
6 2nd quarter 2019 43 87,063 40,663 2,700 61,500 79,000 104,500 180,000
7 3rd quarter 2019 58 84,379 40,779 9,000 65,250 76,500 100,000 260,000
8 4th quarter 2019 42 86,612 45,673 120 67,000 79,000 110,000 200,000
9 1st quarter 2020 51 77,916 40,493 2,700 52,000 80,000 99,000 230,000
10 2nd quarter 2020 35 93,914 37,910 20,000 67,500 94,000 115,000 200,000
11 3rd quarter 2020 48 95,858 39,950 200 67,750 94,000 120,000 200,000
12 4th quarter 2020 49 84,437 41,982 5,400 63,000 81,000 94,000 200,000
13 1st quarter 2021 58 89,579 42,881 4,800 68,000 84,500 117,500 200,000
14 2nd quarter 2021 47 88,591 46,291 1,500 63,500 81,000 110,000 230,000
15 3rd quarter 2021 60 102,822 60,389 5,200 66,750 94,000 122,500 340,000
16 4th quarter 2021 56 87,086 48,643 8,800 51,750 86,000 120,000 220,000
17 1st quarter 2022 37 91,459 31,877 31,000 63,000 93,000 120,000 180,000
18 2nd quarter 2022 37 95,986 50,673 1,800 73,000 100,000 120,000 230,000
19 3rd quarter 2022 25 95,988 56,844 3,200 59,000 100,000 120,000 240,000
20 4th quarter 2022 18 83,056 42,158 28,000 54,750 82,000 94,250 210,000




<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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