Land Transaction Price Overview
Back to Land Transaction Price Overview
How to use this website
Basic statistics for the Sendai City,Miyagi Prefecture (Commercial Land)
No. Transaction
period
No. of
Samples
Unit Land Price (yen/m²)
Average Standard
Deviation
Minimum Lower
Quartile
Median Upper
Quartile
Maximum
1 2018 50 350,520 391,669 26,000 110,000 245,000 510,000 2,400,000
2 2019 32 334,441 289,449 6,100 100,000 200,000 530,000 1,200,000
3 2020 45 319,822 298,235 17,000 120,000 220,000 380,000 1,600,000
4 2021 56 280,250 248,412 30,000 88,500 195,000 442,500 1,100,000
5 2022 34 520,853 420,402 33,000 230,000 420,000 697,500 1,800,000
6 2023 21 401,476 437,118 77,000 140,000 220,000 560,000 2,000,000




<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.


Go to the Land General Information System top page  Go to MLIT website
Copyright© 2009 MLIT Japan. All Rights Reserved.