Land Transaction Price Overview
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Basic statistics for the Sapporo City,Hokkaido (Commercial 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 40 169,083 192,552 8,300 54,250 94,500 240,000 920,000
2 1st quarter 2019 39 219,359 356,064 24,000 58,000 100,000 190,000 1,900,000
3 2nd quarter 2019 36 146,083 138,426 22,000 60,250 93,000 162,500 560,000
4 3rd quarter 2019 36 160,667 134,773 24,000 72,500 115,000 202,500 700,000
5 4th quarter 2019 35 193,457 193,903 25,000 78,500 140,000 190,000 910,000
6 1st quarter 2020 46 283,707 515,068 3,500 66,500 150,000 235,000 2,900,000
7 2nd quarter 2020 37 231,108 303,974 20,000 79,000 130,000 230,000 1,700,000
8 3rd quarter 2020 33 152,333 116,321 35,000 77,000 120,000 210,000 670,000
9 4th quarter 2020 43 361,512 484,936 45,000 135,000 240,000 300,000 2,400,000
10 1st quarter 2021 41 180,293 106,411 15,000 93,000 150,000 270,000 470,000
11 2nd quarter 2021 28 266,321 542,007 36,000 70,250 125,000 212,500 3,000,000
12 3rd quarter 2021 32 254,125 609,803 10,000 79,750 120,000 192,500 3,600,000
13 4th quarter 2021 27 334,852 522,607 22,000 120,000 210,000 280,000 2,300,000
14 1st quarter 2022 33 218,758 109,227 62,000 110,000 230,000 280,000 490,000
15 2nd quarter 2022 29 229,759 151,077 19,000 140,000 210,000 300,000 730,000
16 3rd quarter 2022 30 268,167 229,551 30,000 130,000 200,000 305,000 1,200,000
17 4th quarter 2022 28 301,179 388,073 5,000 140,000 225,000 280,000 2,200,000
18 1st quarter 2023 28 190,393 105,114 48,000 98,000 185,000 270,000 430,000
19 2nd quarter 2023 28 283,179 379,351 69,000 110,000 145,000 300,000 2,000,000
20 3rd quarter 2023 24 170,667 88,140 42,000 100,000 155,000 242,500 350,000




<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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