Land prices / Shimane / Matsue

2021–2024 published land transactions

Makatacho land prices and price trends

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

Median transaction price per m² (2021–2024)
JPY 26,166 / m²JPY 26.166K / m²
Median sample 6Five-year sample 6
Estimated price for 100 m²
JPY 2.62M
Simple estimate using the displayed median
Estimated land + building budget
JPY 45.21M
100 m² building using the 2025 benchmark

Makatacho location

Makatacho location map

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

Station
Loading map…

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

Price distribution (2021–2024)

Middle 50% price range
JPY 24,351 / m² – JPY 29,343 / m²JPY 24.351K / m² – JPY 29.343K / m²
Average transaction price
JPY 25,612 / m²JPY 25.612K / m²

Estimated land price by plot size (2021–2024)

Plot sizeEquivalent in tsuboMedian estimateMiddle 50% estimate
50.0 m²15.1 tsuboJPY 1.31MJPY 1.22M JPY 1.47M
100.0 m²30.3 tsuboJPY 2.62MJPY 2.44M JPY 2.93M
150.0 m²45.4 tsuboJPY 3.92MJPY 3.65M JPY 4.4M
200.0 m²60.5 tsuboJPY 5.23MJPY 4.87M JPY 5.87M

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 2021 and 2024. Published transactions and official residential land-price observations are separate series.

Published land transactions (2021–2024)

PeriodAreaPricePrice / m²Road widthZoning
2024-07360.0 m²JPY 9.4MJPY 25,713 / m²JPY 25.713K / m²19 mCategory I residential zone
2023-04730.0 m²JPY 8MJPY 10,890 / m²JPY 10.89K / m²27 mUrbanization control area
2021-10290.0 m²JPY 7MJPY 23,898 / m²JPY 23.898K / m²6.5 mCategory I residential zone
2021-10130.0 m²JPY 4.8MJPY 36,300 / m²JPY 36.3K / m²11.3 mCategory I residential zone
2021-01260.0 m²JPY 7MJPY 26,620 / m²JPY 26.62K / m²9.7 mCategory I residential zone
2021-01145.0 m²JPY 4.4MJPY 30,250 / m²JPY 30.25K / m²8.5 mCategory I mid/high-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.

Makatacho land-price summary

The median published transaction price in Makatacho for 2021–2024 is JPY 26,166 / m²JPY 26.166K / m². A 100 m² plot would therefore be about JPY 2.62M by simple multiplication. The period-change figure compares yearly transaction medians in 2021 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 ↗