Land prices / Hokkaido / Otaru
2023 published land transactionsUmegaecho land prices and price trends
This page aggregates publicly released transactions classified as residential land (land only) for the address area Umegaecho, Otaru. It does not limit transactions by the buyer's intended use.
Umegaecho location
Umegaecho 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)
Estimated land price by plot size (2023)
| Plot size | Equivalent in tsubo | Median estimate | Middle 50% estimate |
|---|---|---|---|
| 66.1 m² | 20 tsubo | JPY 600,000 | JPY 300,840 – JPY 710,000 |
| 99.2 m² | 30 tsubo | JPY 900,000 | JPY 451,260 – JPY 1.07M |
| 132.2 m² | 40 tsubo | JPY 1.2M | JPY 601,680 – JPY 1.42M |
| 165.3 m² | 50 tsubo | JPY 1.5M | JPY 752,100 – JPY 1.78M |
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 |
|---|---|---|
| Public transactions | 3 Indicative | 3 Indicative |
| Official observations | 1 | 1 |
Medians and changes can move sharply in years with few transactions.
The displayed period change compares transaction medians in 2021 and 2023. Published transactions and official residential land-price observations are separate series.
Latest official residential land-price observations: 1.
Published land transactions (2023)
| Period | Area | Price | Price / m² | Road width | Zoning |
|---|---|---|---|---|---|
| 2023-10 | 400.0 m² | JPY 10,000 | JPY 25 / m² | 18.6 m | |
| 2023-07 | 155.0 m² | JPY 1.4M | JPY 9,075 / m² | 8 m | Residential use |
| 2023-04 | 80.0 m² | JPY 1M | JPY 12,403 / m² | Not disclosed | 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.
Umegaecho land-price summary
The median published transaction price in Umegaecho for 2023 is JPY 9,075 / m². A 99.2 m² (30-tsubo) plot would therefore be about JPY 900,000 by simple multiplication. The period-change figure compares yearly transaction medians in 2021 and 2023.