Land prices / Nara / Asuka

2024 published land transactions

Shimasho land prices and price trends

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

Median transaction price per m² (2024)
JPY 28,889 / m²JPY 28.889K / m²
Median sample 2Five-year sample 2
Estimated price for 100 m²
JPY 2.89M
Simple estimate using the displayed median
Estimated land + building budget
JPY 39.82M
100 m² building using the 2025 benchmark

Shimasho location

Shimasho 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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Price distribution (2024)

Middle 50% price range
JPY 17,621 / m² – JPY 40,157 / m²JPY 17.621K / m² – JPY 40.157K / m²
Average transaction price
JPY 28,889 / m²JPY 28.889K / m²

Estimated land price by plot size (2024)

Plot sizeEquivalent in tsuboMedian estimateMiddle 50% estimate
50.0 m²15.1 tsuboJPY 1.44MJPY 881,031JPY 881.031K JPY 2.01M
100.0 m²30.3 tsuboJPY 2.89MJPY 1.76M JPY 4.02M
150.0 m²45.4 tsuboJPY 4.33MJPY 2.64M JPY 6.02M
200.0 m²60.5 tsuboJPY 5.78MJPY 3.52M JPY 8.03M

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 2024 and 2024. Published transactions and official residential land-price observations are separate series.

Published land transactions (2024)

PeriodAreaPricePrice / m²Road widthZoning
2024-01115.0 m²JPY 5.7MJPY 51,425 / m²JPY 51.425K / m²21.5 mCategory I exclusively low-rise residential zone
2024-01155.0 m²JPY 1MJPY 6,353 / m²JPY 6.353K / m²2 mCategory I exclusively low-rise residential zone

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.

Shimasho land-price summary

The median published transaction price in Shimasho for 2024 is JPY 28,889 / m²JPY 28.889K / m². A 100 m² plot would therefore be about JPY 2.89M by simple multiplication. The period-change figure compares yearly transaction medians in 2024 and 2024.

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 ↗