Land General Information System

Basic statistics for the Okayama City,Okayama 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	107	62,783	44,747	1,200	33,000	55,000	74,500	210,000
2	2nd quarter 2018	75	58,263	38,119	1,400	31,000	51,000	74,000	200,000
3	3rd quarter 2018	102	61,702	39,110	6,000	40,000	57,000	73,750	250,000
4	4th quarter 2018	100	64,376	45,582	3,300	33,750	58,000	77,500	210,000
5	1st quarter 2019	113	67,584	48,109	110	36,000	58,000	87,000	300,000
6	2nd quarter 2019	115	65,758	50,474	950	40,000	54,000	76,000	300,000
7	3rd quarter 2019	109	67,800	55,084	320	34,000	55,000	80,000	310,000
8	4th quarter 2019	119	66,772	47,260	2,600	37,500	60,000	83,500	240,000
9	1st quarter 2020	118	71,176	55,452	640	35,250	57,000	84,750	280,000
10	2nd quarter 2020	107	64,231	42,314	2,000	39,500	60,000	79,500	200,000
11	3rd quarter 2020	122	74,099	60,326	850	35,250	64,000	82,750	300,000
12	4th quarter 2020	124	65,437	54,449	290	33,000	52,000	79,250	300,000
13	1st quarter 2021	117	68,396	47,726	2,800	42,000	58,000	83,000	260,000
14	2nd quarter 2021	105	76,449	57,177	1,900	36,000	65,000	100,000	300,000
15	3rd quarter 2021	105	76,056	52,968	3,100	45,000	67,000	90,000	380,000
16	4th quarter 2021	103	69,537	49,833	2,600	33,500	65,000	91,000	220,000
17	1st quarter 2022	93	66,529	44,843	930	37,000	63,000	82,000	270,000
18	2nd quarter 2022	105	68,082	45,454	1,300	37,000	64,000	91,000	190,000
19	3rd quarter 2022	68	77,723	49,022	670	48,750	68,000	97,500	220,000
20	4th quarter 2022	49	73,769	56,832	3,300	32,000	62,000	88,000	240,000

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.