Land Transaction Price Overview
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Basic statistics for the Wakayama City,Wakayama 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 77 58,119 39,222 3,100 32,000 51,000 77,000 230,000
2 2nd quarter 2018 85 60,132 37,687 3,000 26,000 54,000 83,000 200,000
3 3rd quarter 2018 78 58,072 32,642 6,100 32,250 51,500 76,000 130,000
4 4th quarter 2018 103 63,890 41,327 2,200 35,000 63,000 78,000 310,000
5 1st quarter 2019 81 54,877 34,880 3,800 29,000 52,000 67,000 170,000
6 2nd quarter 2019 99 64,502 38,957 4,300 41,500 60,000 75,500 210,000
7 3rd quarter 2019 80 62,929 44,618 2,400 30,000 55,500 85,750 220,000
8 4th quarter 2019 86 54,509 26,965 500 34,250 57,000 70,000 120,000
9 1st quarter 2020 71 60,251 38,503 920 34,000 61,000 82,000 210,000
10 2nd quarter 2020 89 54,134 30,824 1,900 29,000 53,000 75,000 130,000
11 3rd quarter 2020 115 60,188 34,421 5,000 36,000 57,000 75,500 160,000
12 4th quarter 2020 99 61,571 41,916 2,300 33,500 57,000 77,000 290,000
13 1st quarter 2021 99 54,515 34,141 230 27,000 52,000 74,500 160,000
14 2nd quarter 2021 89 53,410 33,607 270 27,000 50,000 73,000 180,000
15 3rd quarter 2021 83 62,334 45,648 2,300 30,000 55,000 80,500 300,000
16 4th quarter 2021 77 52,422 34,500 7 29,000 47,000 63,000 180,000
17 1st quarter 2022 69 59,833 38,247 2,300 29,000 54,000 83,000 170,000
18 2nd quarter 2022 71 53,893 38,498 1,100 26,500 46,000 72,000 160,000
19 3rd quarter 2022 55 52,456 32,515 4,900 34,500 46,000 69,000 200,000
20 4th quarter 2022 37 62,838 41,630 6,100 30,000 54,000 93,000 160,000




<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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