Land prices / Hokkaido / Otaru
2023–2024 published land transactionsSuehirocho land prices and price trends
This page aggregates publicly released transactions classified as residential land (land only) for the address area Suehirocho, Otaru. It does not limit transactions by the buyer's intended use.
Suehirocho location
Suehirocho 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 (2023–2024)
Estimated land price by plot size (2023–2024)
| Plot size | Equivalent in tsubo | Median estimate | Middle 50% estimate |
|---|---|---|---|
| 50.0 m² | 15.1 tsubo | JPY 347,875JPY 347.875K | JPY 222,338JPY 222.338K – JPY 453,750JPY 453.75K |
| 100.0 m² | 30.3 tsubo | JPY 695,750JPY 695.75K | JPY 444,675JPY 444.675K – JPY 907,500JPY 907.5K |
| 150.0 m² | 45.4 tsubo | JPY 1.04M | JPY 667,013JPY 667.013K – JPY 1.36M |
| 200.0 m² | 60.5 tsubo | JPY 1.39M | JPY 889,350JPY 889.35K – JPY 1.82M |
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
| Year | 2021 | 2023 | 2024 |
|---|---|---|---|
| Public transactions | 1 Indicative | 1 Indicative | 2 Indicative |
| Official observations | 1 | 1 | 1 |
Medians and changes can move sharply in years with few transactions.
The displayed period change compares transaction medians in 2021 and 2024. Published transactions and official residential land-price observations are separate series.
Latest official residential land-price observations: 1.
Published land transactions (2023–2024)
| Period | Area | Price | Price / m² | Road width | Zoning |
|---|---|---|---|---|---|
| 2024-10 | 380.0 m² | JPY 2.6M | JPY 6,958 / m²JPY 6.958K / m² | 19 m | |
| 2024-01 | 260.0 m² | JPY 500,000JPY 500K | JPY 1,936 / m²JPY 1.936K / m² | 16 m | |
| 2023-07 | 270.0 m² | JPY 3M | JPY 11,193 / m²JPY 11.193K / m² | 10.3 m | Residential use |
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.
Suehirocho land-price summary
The median published transaction price in Suehirocho for 2023–2024 is JPY 6,958 / m²JPY 6.958K / m². A 100 m² plot would therefore be about JPY 695,750JPY 695.75K by simple multiplication. The period-change figure compares yearly transaction medians in 2021 and 2024.