Land prices / Hokkaido / Otaru
2023–2025 published land transactionsRanshima land prices and price trends
This page aggregates publicly released transactions classified as residential land (land only) for the address area Ranshima, Otaru. It does not limit transactions by the buyer's intended use.
Ranshima location
Ranshima 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 (2023–2025)
Estimated land price by plot size (2023–2025)
| Plot size | Equivalent in tsubo | Median estimate | Middle 50% estimate |
|---|---|---|---|
| 66.1 m² | 20 tsubo | JPY 520,000 | JPY 380,000 – JPY 660,000 |
| 99.2 m² | 30 tsubo | JPY 780,000 | JPY 570,000 – JPY 990,000 |
| 132.2 m² | 40 tsubo | JPY 1.04M | JPY 760,000 – JPY 1.32M |
| 165.3 m² | 50 tsubo | JPY 1.3M | JPY 950,000 – JPY 1.65M |
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 2023 and 2025. Published transactions and official residential land-price observations are separate series.
Published land transactions (2023–2025)
| Period | Area | Price | Price / m² | Road width | Zoning |
|---|---|---|---|---|---|
| 2025-07 | 400.0 m² | JPY 1.5M | JPY 3,630 / m² | 15 m | Residential use |
| 2023-07 | 150.0 m² | JPY 1.8M | JPY 12,100 / m² | 19.2 m |
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.
Ranshima land-price summary
The median published transaction price in Ranshima for 2023–2025 is JPY 7,865 / m². A 99.2 m² (30-tsubo) plot would therefore be about JPY 780,000 by simple multiplication. The period-change figure compares yearly transaction medians in 2023 and 2025.