Land Transaction Price Overview
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Basic statistics for the Kure City,Hiroshima 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 36 60,789 49,691 1,600 21,750 40,000 81,000 210,000
2 2nd quarter 2018 24 44,005 32,697 20 19,500 44,000 61,500 120,000
3 3rd quarter 2018 29 54,817 39,635 2,400 28,000 48,000 63,000 170,000
4 4th quarter 2018 22 35,027 16,775 7,600 25,000 32,500 44,250 82,000
5 1st quarter 2019 27 48,244 39,973 390 20,000 42,000 60,500 180,000
6 2nd quarter 2019 23 66,752 59,376 1,500 18,000 53,000 95,500 210,000
7 3rd quarter 2019 26 57,481 42,612 8,700 30,750 46,500 75,250 180,000
8 4th quarter 2019 29 63,486 47,625 4,800 30,000 45,000 100,000 170,000
9 1st quarter 2020 35 53,886 42,756 3,000 21,000 40,000 73,000 170,000
10 2nd quarter 2020 38 47,605 40,260 2,300 19,750 35,000 59,500 150,000
11 3rd quarter 2020 44 45,983 38,509 250 15,000 36,000 73,000 180,000
12 4th quarter 2020 48 40,419 32,907 1,300 12,750 32,000 60,250 120,000
13 1st quarter 2021 38 51,529 47,308 14 15,000 40,500 63,750 200,000
14 2nd quarter 2021 36 68,500 53,323 2,300 25,750 45,500 130,000 180,000
15 3rd quarter 2021 35 48,740 45,772 4,200 17,000 26,000 86,000 140,000
16 4th quarter 2021 50 45,054 32,301 2,700 25,500 45,000 51,500 160,000
17 1st quarter 2022 35 69,486 59,684 3,900 25,000 60,000 88,500 290,000
18 2nd quarter 2022 31 51,708 43,770 750 20,500 41,000 71,500 160,000
19 3rd quarter 2022 20 62,028 55,424 560 6,625 46,000 112,500 170,000
20 4th quarter 2022 14 60,143 44,177 2,600 31,500 53,000 99,000 130,000




<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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