Land prices / Shimane / Matsue

2023 published land transactions

Otesembacho land prices and price trends

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

Median transaction price per m² (2023)
JPY 235,950 / m²JPY 235.95K / m²
Median sample 1Five-year sample 1
Estimated price for 100 m²
JPY 23.6M
Simple estimate using the displayed median
Estimated land + building budget
JPY 66.19M
100 m² building using the 2025 benchmark

Otesembacho location

Otesembacho 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 (2023)

Middle 50% price range
JPY 235,950 / m² – JPY 235,950 / m²JPY 235.95K / m² – JPY 235.95K / m²
Average transaction price
JPY 235,950 / m²JPY 235.95K / m²

Estimated land price by plot size (2023)

Plot sizeEquivalent in tsuboMedian estimateMiddle 50% estimate
50.0 m²15.1 tsuboJPY 11.8MJPY 11.8M JPY 11.8M
100.0 m²30.3 tsuboJPY 23.6MJPY 23.6M JPY 23.6M
150.0 m²45.4 tsuboJPY 35.39MJPY 35.39M JPY 35.39M
200.0 m²60.5 tsuboJPY 47.19MJPY 47.19M JPY 47.19M

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 2023 and 2023. Published transactions and official residential land-price observations are separate series.

Published land transactions (2023)

PeriodAreaPricePrice / m²Road widthZoning
2023-10240.0 m²JPY 56MJPY 235,950 / m²JPY 235.95K / m²13.8 mCommercial 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.

Otesembacho land-price summary

The median published transaction price in Otesembacho for 2023 is JPY 235,950 / m²JPY 235.95K / m². A 100 m² plot would therefore be about JPY 23.6M by simple multiplication. The period-change figure compares yearly transaction medians in 2023 and 2023.

Station-area land prices near Otesembacho

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.

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 ↗