Land Transaction Price Overview
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Basic statistics for the Kurashiki City,Okayama 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 49,819 28,408 5,200 25,000 49,000 67,000 140,000
2 2nd quarter 2018 62 49,023 29,555 1,200 26,250 42,000 71,750 150,000
3 3rd quarter 2018 51 51,745 25,706 9,000 30,000 45,000 70,000 120,000
4 4th quarter 2018 77 47,506 26,513 840 29,000 45,000 71,000 110,000
5 1st quarter 2019 81 52,615 32,991 810 30,000 53,000 70,000 180,000
6 2nd quarter 2019 84 41,257 22,656 640 26,750 42,000 55,500 85,000
7 3rd quarter 2019 88 53,081 27,072 5,900 28,250 56,000 73,000 120,000
8 4th quarter 2019 105 49,924 29,022 2,900 32,000 45,000 66,000 190,000
9 1st quarter 2020 105 50,873 28,106 590 26,000 48,000 73,000 170,000
10 2nd quarter 2020 88 51,207 24,361 2,500 29,750 53,000 71,000 110,000
11 3rd quarter 2020 100 50,598 28,017 51 27,000 52,000 78,250 130,000
12 4th quarter 2020 118 49,740 27,413 2,400 27,000 49,000 69,750 110,000
13 1st quarter 2021 93 52,726 32,003 2,100 27,000 48,000 69,000 150,000
14 2nd quarter 2021 91 50,190 30,503 870 26,000 47,000 67,000 170,000
15 3rd quarter 2021 106 52,924 25,076 5,900 32,000 51,000 70,500 120,000
16 4th quarter 2021 98 51,393 31,455 3,000 25,750 50,500 74,000 160,000
17 1st quarter 2022 71 54,775 29,090 3,000 34,500 54,000 69,500 140,000
18 2nd quarter 2022 87 46,324 30,426 1,900 24,000 38,000 62,500 140,000
19 3rd quarter 2022 56 42,625 23,258 4,800 24,000 42,000 59,250 110,000
20 4th quarter 2022 40 34,193 25,672 1,200 13,750 29,500 47,750 99,000




<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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