Land prices / Shimane / Matsue
2023–2025 published land transactionsNishiocho land prices and price trends
This page aggregates publicly released transactions classified as residential land (land only) for the address area Nishiocho, Matsue. It does not limit transactions by the buyer's intended use.
Nishiocho location
Nishiocho 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 (2023–2025)
Estimated land price by plot size (2023–2025)
| Plot size | Equivalent in tsubo | Median estimate | Middle 50% estimate |
|---|---|---|---|
| 50.0 m² | 15.1 tsubo | JPY 2.5M | JPY 1.73M – JPY 2.68M |
| 100.0 m² | 30.3 tsubo | JPY 4.99M | JPY 3.46M – JPY 5.37M |
| 150.0 m² | 45.4 tsubo | JPY 7.49M | JPY 5.18M – JPY 8.05M |
| 200.0 m² | 60.5 tsubo | JPY 9.98M | JPY 6.91M – JPY 10.74M |
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 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Public transactions | 12 | 1 Indicative | 7 Indicative | 2 Indicative |
| Official observations | 1 | 1 | 1 | 1 |
Medians and changes can move sharply in years with few transactions.
The displayed period change compares transaction medians in 2022 and 2025. Published transactions and official residential land-price observations are separate series.
Latest official residential land-price observations: 1.
Published land transactions (2023–2025)
| Period | Area | Price | Price / m² | Road width | Zoning |
|---|---|---|---|---|---|
| 2025-10 | 270.0 m² | JPY 8.1M | JPY 29,948 / m²JPY 29.948K / m² | 15.6 m | Urbanization control area |
| 2025-07 | 420.0 m² | JPY 20M | JPY 48,400 / m²JPY 48.4K / m² | 20 m | Urbanization control area |
| 2024-04 | 420.0 m² | JPY 21M | JPY 48,400 / m²JPY 48.4K / m² | 20 m | Urbanization control area |
| 2024-04 | 210.0 m² | JPY 11M | JPY 54,450 / m²JPY 54.45K / m² | 12 m | Urbanization control area |
| 2024-04 | 430.0 m² | JPY 5.4M | JPY 12,705 / m²JPY 12.705K / m² | 25 m | Urbanization control area |
| 2024-04 | 125.0 m² | JPY 1.6M | JPY 12,705 / m²JPY 12.705K / m² | 13 m | Urbanization control area |
| 2024-01 | 280.0 m² | JPY 15M | JPY 51,425 / m²JPY 51.425K / m² | 18 m | Urbanization control area |
| 2024-01 | 210.0 m² | JPY 11M | JPY 54,450 / m²JPY 54.45K / m² | 12.7 m | Urbanization control area |
| 2024-01 | 125.0 m² | JPY 6.3M | JPY 51,425 / m²JPY 51.425K / m² | 18 m | Urbanization control area |
| 2023-07 | 200.0 m² | JPY 11M | JPY 54,450 / m²JPY 54.45K / m² | 11 m | Urbanization control area |
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.
Nishiocho land-price summary
The median published transaction price in Nishiocho for 2023–2025 is JPY 49,913 / m²JPY 49.913K / m². A 100 m² plot would therefore be about JPY 4.99M by simple multiplication. The period-change figure compares yearly transaction medians in 2022 and 2025.