Land Transaction Price Overview
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Basic statistics for the Naha City,Okinawa 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 15 121,200 76,342 49,000 91,000 110,000 120,000 390,000
2 2nd quarter 2018 19 200,105 122,674 82,000 110,000 140,000 250,000 460,000
3 3rd quarter 2018 20 172,260 135,722 9,200 88,000 140,000 195,000 450,000
4 4th quarter 2018 13 197,462 149,391 25,000 85,000 140,000 240,000 460,000
5 1st quarter 2019 15 215,267 134,593 61,000 125,000 150,000 285,000 540,000
6 2nd quarter 2019 19 125,000 60,419 45,000 89,500 110,000 170,000 290,000
7 3rd quarter 2019 14 164,857 98,861 42,000 88,250 150,000 200,000 370,000
8 4th quarter 2019 15 157,533 101,854 42,000 110,000 140,000 160,000 480,000
9 1st quarter 2020 21 169,143 113,809 57,000 110,000 140,000 180,000 540,000
10 2nd quarter 2020 15 168,267 55,522 75,000 125,000 180,000 215,000 250,000
11 3rd quarter 2020 11 152,182 87,102 84,000 97,500 110,000 170,000 370,000
12 4th quarter 2020 21 141,333 81,492 17,000 100,000 130,000 150,000 360,000
13 1st quarter 2021 14 148,579 77,339 9,100 100,750 150,000 175,000 330,000
14 2nd quarter 2021 21 157,095 78,561 45,000 100,000 140,000 190,000 370,000
15 3rd quarter 2021 14 151,286 91,624 21,000 60,500 160,000 197,500 320,000
16 4th quarter 2021 11 148,727 108,885 53,000 73,000 120,000 175,000 410,000
17 1st quarter 2022 9 (201,000) (116,948) (99,000) (150,000) (160,000) (210,000) (510,000)
18 2nd quarter 2022 3 (210,333) (129,307) (91,000) (120,500) (150,000) (270,000) (390,000)
19 3rd quarter 2022 2 (150,000) (0) (150,000) (150,000) (150,000) (150,000) (150,000)
20 4th quarter 2022 0 - - - - - - -




<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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