Land prices / Hokkaido / Otaru
2021–2023 published land transactionsNishikimachi land prices and price trends
This page aggregates publicly released transactions classified as residential land (land only) for the address area Nishikimachi, Otaru. It does not limit transactions by the buyer's intended use.
Nishikimachi location
Nishikimachi location map
The orange point is the neighborhood representative point. Green points are stations within 1.5 km straight-line distance.
Select a station marker or label to open its station-area page. Overlapping labels appear when the marker is selected.
Price distribution (2021–2023)
Estimated land price by plot size (2021–2023)
| Plot size | Equivalent in tsubo | Median estimate | Middle 50% estimate |
|---|---|---|---|
| 50.0 m² | 15.1 tsubo | JPY 1.47M | JPY 1.2M – JPY 1.58M |
| 100.0 m² | 30.3 tsubo | JPY 2.93M | JPY 2.4M – JPY 3.15M |
| 150.0 m² | 45.4 tsubo | JPY 4.4M | JPY 3.61M – JPY 4.73M |
| 200.0 m² | 60.5 tsubo | JPY 5.87M | JPY 4.81M – JPY 6.31M |
These are simple land-only estimates calculated from the displayed median and quartile price per m², not medians of transactions at each plot size.
Land-price trend
The displayed period change compares transaction medians in 2021 and 2023. Published transactions and official residential land-price observations are separate series.
Published land transactions (2021–2023)
| Period | Area | Price | Price / m² | Road width | Zoning |
|---|---|---|---|---|---|
| 2023-10 | 145.0 m² | JPY 5M | JPY 36,300 / m²JPY 36.3K / m² | 8.5 m | Residential use |
| 2022-07 | 1500.0 m² | JPY 45M | JPY 29,948 / m²JPY 29.948K / m² | 39.9 m | |
| 2021-07 | 1500.0 m² | JPY 43M | JPY 28,738 / m²JPY 28.738K / m² | 39.9 m | |
| 2021-01 | 150.0 m² | JPY 1.5M | JPY 9,983 / m²JPY 9.983K / m² | 8.2 m | Other |
Transactions are listed newest first. They are not filtered by residential intent or buyer type. Low unit price alone is not treated as atypical. “Value check” is limited to invalid values or extremely high unit prices and does not necessarily indicate an error.
Nishikimachi land-price summary
The median published transaction price in Nishikimachi for 2021–2023 is JPY 29,343 / m²JPY 29.343K / m². A 100 m² plot would therefore be about JPY 2.93M by simple multiplication. The period-change figure compares yearly transaction medians in 2021 and 2023.
Station-area land prices near Nishikimachi
Stations whose coordinates are within 1.5 km straight-line distance of this neighborhood's representative point, ordered by distance.
This is not the distance from an individual property or a walking-time catchment. Each station page aggregates the full areas of qualifying neighborhoods.