Land Transaction Price Overview
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Basic statistics for the Southwestern area of Tokyo (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 27 866,296 390,547 140,000 605,000 770,000 1,050,000 2,000,000
2 1st quarter 2019 28 886,429 475,028 300,000 665,000 795,000 880,000 2,900,000
3 2nd quarter 2019 25 836,800 319,120 170,000 640,000 760,000 930,000 1,700,000
4 3rd quarter 2019 28 756,429 326,127 370,000 555,000 685,000 852,500 1,800,000
5 4th quarter 2019 23 780,870 418,319 60,000 520,000 620,000 930,000 2,200,000
6 1st quarter 2020 23 853,913 335,297 450,000 600,000 770,000 945,000 1,800,000
7 2nd quarter 2020 15 958,000 600,047 380,000 595,000 790,000 1,070,000 2,800,000
8 3rd quarter 2020 32 838,750 267,252 480,000 637,500 755,000 985,000 1,500,000
9 4th quarter 2020 35 878,857 395,884 230,000 645,000 850,000 1,000,000 2,000,000
10 1st quarter 2021 24 1,042,833 634,918 38,000 610,000 870,000 1,275,000 2,700,000
11 2nd quarter 2021 22 878,182 323,681 350,000 642,500 870,000 995,000 1,600,000
12 3rd quarter 2021 28 1,018,571 528,811 440,000 660,000 835,000 1,025,000 2,500,000
13 4th quarter 2021 20 955,500 325,737 470,000 745,000 890,000 1,100,000 1,800,000
14 1st quarter 2022 27 1,097,407 638,155 470,000 730,000 800,000 1,250,000 3,200,000
15 2nd quarter 2022 23 1,204,783 932,541 310,000 695,000 910,000 1,250,000 3,900,000
16 3rd quarter 2022 20 1,058,500 295,741 340,000 890,000 1,030,000 1,300,000 1,600,000
17 4th quarter 2022 22 969,091 380,740 250,000 725,000 930,000 1,100,000 2,000,000
18 1st quarter 2023 17 871,765 299,593 450,000 650,000 740,000 1,100,000 1,600,000
19 2nd quarter 2023 24 1,611,250 765,383 570,000 1,100,000 1,300,000 2,600,000 3,000,000
20 3rd quarter 2023 11 1,195,455 548,608 640,000 805,000 1,100,000 1,400,000 2,600,000




<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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