Land prices / Hokkaido / Otaru
2022–2024 published land transactionsSuminoe land prices and price trends
This page aggregates publicly released transactions classified as residential land (land only) for the address area Suminoe, Otaru. It does not limit transactions by the buyer's intended use.
Suminoe location
Suminoe 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 (2022–2024)
Estimated land price by plot size (2022–2024)
| Plot size | Equivalent in tsubo | Median estimate | Middle 50% estimate |
|---|---|---|---|
| 66.1 m² | 20 tsubo | JPY 2.19M | JPY 1.37M – JPY 3.65M |
| 99.2 m² | 30 tsubo | JPY 3.29M | JPY 2.05M – JPY 5.48M |
| 132.2 m² | 40 tsubo | JPY 4.38M | JPY 2.73M – JPY 7.3M |
| 165.3 m² | 50 tsubo | JPY 5.48M | JPY 3.41M – JPY 9.13M |
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 2024. Published transactions and official residential land-price observations are separate series.
Published land transactions (2022–2024)
| Period | Area | Price | Price / m² | Road width | Zoning |
|---|---|---|---|---|---|
| 2024-07 | 145.0 m² | JPY 6.4M | JPY 45,375 / m² | 7.2 m | Retail use |
| 2022-07 | 320.0 m² | JPY 28M | JPY 84,700 / m² | 16.2 m | Residential use |
| 2022-07 | 500.0 m² | JPY 10M | JPY 19,965 / m² | 9.5 m | Residential use |
| 2022-07 | 480.0 m² | JPY 10M | JPY 20,873 / m² | Not disclosed | 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.
Suminoe land-price summary
The median published transaction price in Suminoe for 2022–2024 is JPY 33,124 / m². A 99.2 m² (30-tsubo) plot would therefore be about JPY 3.29M by simple multiplication. The period-change figure compares yearly transaction medians in 2021 and 2024.
Station-area land prices near Suminoe
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.