Land prices / Hokkaido / Otaru

2022–2023 published land transactions

Sakaimachi land prices and price trends

This page aggregates publicly released transactions classified as residential land (land only) for the address area Sakaimachi, Otaru. It does not limit transactions by the buyer's intended use.

Median transaction price per m² (2022–2023)
JPY 281,325 / m²JPY 281.325K / m²
Median sample 3Five-year sample 3
Estimated price for 100 m²
JPY 28.13M
Simple estimate using the displayed median
Estimated land + building budget
JPY 66.73M
100 m² building using the 2025 benchmark

Sakaimachi location

Sakaimachi location map

The orange point is the neighborhood representative point. Green points are stations within 1.5 km straight-line distance.

Station
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Select a station marker or label to open its station-area page. Overlapping labels appear when the marker is selected.

Price distribution (2022–2023)

Middle 50% price range
JPY 163,350 / m² – JPY 322,163 / m²JPY 163.35K / m² – JPY 322.163K / m²
Average transaction price
JPY 229,900 / m²JPY 229.9K / m²

Estimated land price by plot size (2022–2023)

Plot sizeEquivalent in tsuboMedian estimateMiddle 50% estimate
50.0 m²15.1 tsuboJPY 14.07MJPY 8.17M JPY 16.11M
100.0 m²30.3 tsuboJPY 28.13MJPY 16.34M JPY 32.22M
150.0 m²45.4 tsuboJPY 42.2MJPY 24.5M JPY 48.32M
200.0 m²60.5 tsuboJPY 56.27MJPY 32.67M JPY 64.43M

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

No matching residential official land-price observation is available for this neighborhood.

The displayed period change compares transaction medians in 2022 and 2023. Published transactions and official residential land-price observations are separate series.

Published land transactions (2022–2023)

PeriodAreaPricePrice / m²Road widthZoning
2023-07260.0 m²JPY 72MJPY 281,325 / m²JPY 281.325K / m²10 mOther
2022-1070.0 m²JPY 3MJPY 45,375 / m²JPY 45.375K / m²43.5 mOther
2022-071100.0 m²JPY 400MJPY 363,000 / m²JPY 363K / m²30.6 mOther

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.

Sakaimachi land-price summary

The median published transaction price in Sakaimachi for 2022–2023 is JPY 281,325 / m²JPY 281.325K / m². A 100 m² plot would therefore be about JPY 28.13M by simple multiplication. The period-change figure compares yearly transaction medians in 2022 and 2023.

Station-area land prices near Sakaimachi

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.

Sources and methodology

Land prices, transaction examples, trends and official land-price observations are based on public data. Small samples can be strongly affected by the conditions of individual transactions.

Source: MLIT Real Estate Information Library ↗