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 4th quarter 2018 77 47,506 26,513 840 29,000 45,000 71,000 110,000
2 1st quarter 2019 81 52,615 32,991 810 30,000 53,000 70,000 180,000
3 2nd quarter 2019 84 41,257 22,656 640 26,750 42,000 55,500 85,000
4 3rd quarter 2019 88 53,081 27,072 5,900 28,250 56,000 73,000 120,000
5 4th quarter 2019 105 49,924 29,022 2,900 32,000 45,000 66,000 190,000
6 1st quarter 2020 105 50,873 28,106 590 26,000 48,000 73,000 170,000
7 2nd quarter 2020 88 51,207 24,361 2,500 29,750 53,000 71,000 110,000
8 3rd quarter 2020 100 50,598 28,017 51 27,000 52,000 78,250 130,000
9 4th quarter 2020 118 49,740 27,413 2,400 27,000 49,000 69,750 110,000
10 1st quarter 2021 93 52,726 32,003 2,100 27,000 48,000 69,000 150,000
11 2nd quarter 2021 91 50,190 30,503 870 26,000 47,000 67,000 170,000
12 3rd quarter 2021 106 52,924 25,076 5,900 32,000 51,000 70,500 120,000
13 4th quarter 2021 98 51,393 31,455 3,000 25,750 50,500 74,000 160,000
14 1st quarter 2022 75 57,107 30,896 3,000 35,000 55,000 73,500 150,000
15 2nd quarter 2022 91 48,134 31,359 1,900 24,000 39,000 66,500 140,000
16 3rd quarter 2022 80 48,069 31,045 4,800 25,000 45,000 61,000 190,000
17 4th quarter 2022 88 49,740 32,810 1,200 23,750 43,500 70,750 150,000
18 1st quarter 2023 71 51,392 30,510 2,300 26,500 50,000 71,000 160,000
19 2nd quarter 2023 73 50,526 32,096 680 26,000 51,000 66,000 170,000
20 3rd quarter 2023 33 51,970 31,482 5,000 28,000 47,000 73,000 120,000




<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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