Land prices / Tottori / Sakaiminato

2023–2025 published land transactions

Wataricho land prices and price trends

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

Median transaction price per m² (2023–2025)
JPY 7,563 / m²JPY 7.563K / m²
Median sample 12Five-year sample 22
Estimated price for 100 m²
JPY 756,250JPY 756.25K
Simple estimate using the displayed median
Estimated land + building budget
JPY 41.02M
100 m² building using the 2025 benchmark

Wataricho location

Wataricho 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 (2023–2025)

Middle 50% price range
JPY 3,706 / m² – JPY 11,117 / m²JPY 3.706K / m² – JPY 11.117K / m²
Average transaction price
JPY 8,394 / m²JPY 8.394K / m²

Estimated land price by plot size (2023–2025)

Plot sizeEquivalent in tsuboMedian estimateMiddle 50% estimate
50.0 m²15.1 tsuboJPY 378,125JPY 378.125KJPY 185,281JPY 185.281K JPY 555,844JPY 555.844K
100.0 m²30.3 tsuboJPY 756,250JPY 756.25KJPY 370,563JPY 370.563K JPY 1.11M
150.0 m²45.4 tsuboJPY 1.13MJPY 555,844JPY 555.844K JPY 1.67M
200.0 m²60.5 tsuboJPY 1.51MJPY 741,125JPY 741.125K JPY 2.22M

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

Transaction medianOfficial land price
2122232425
Year20212022202320242025
Public transactions4
Indicative
6
Indicative
1
Indicative
101
Indicative
Official observations22222

Medians and changes can move sharply in years with few transactions.

The displayed period change compares transaction medians in 2021 and 2025. Published transactions and official residential land-price observations are separate series.

Latest official residential land-price observations: 2.

Published land transactions (2023–2025)

PeriodAreaPricePrice / m²Road widthZoning
2025-04300.0 m²JPY 6MJPY 19,663 / m²JPY 19.663K / m²17 mIndustrial zone
2024-10550.0 m²JPY 2.9MJPY 5,143 / m²JPY 5.143K / m²Not disclosedUrbanization control area
2024-10250.0 m²JPY 750,000JPY 750KJPY 3,025 / m²JPY 3.025K / m²Not disclosedUrbanization control area
2024-10180.0 m²JPY 550,000JPY 550KJPY 3,025 / m²JPY 3.025K / m²27 mUrbanization control area
2024-071000.0 m²JPY 16MJPY 16,033 / m²JPY 16.033K / m²25 mUrbanization control area
2024-07780.0 m²JPY 3MJPY 3,933 / m²JPY 3.933K / m²24.5 mUrbanization control area
2024-07270.0 m²JPY 1.6MJPY 6,050 / m²JPY 6.05K / m²6.5 mUrbanization control area
2024-0495.0 m²JPY 1.1MJPY 11,798 / m²JPY 11.798K / m²6.5 mUrbanization control area
2024-01980.0 m²JPY 8.9MJPY 9,075 / m²JPY 9.075K / m²16 mCategory I residential zone
2024-01640.0 m²JPY 5.7MJPY 9,075 / m²JPY 9.075K / m²16.5 mUrbanization control area
2024-0160.0 m²JPY 190,000JPY 190KJPY 3,025 / m²JPY 3.025K / m²3 mUrbanization control area
2023-01980.0 m²JPY 11MJPY 10,890 / m²JPY 10.89K / m²32 mIndustrial 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.

Wataricho land-price summary

The median published transaction price in Wataricho for 2023–2025 is JPY 7,563 / m²JPY 7.563K / m². A 100 m² plot would therefore be about JPY 756,250JPY 756.25K by simple multiplication. The period-change figure compares yearly transaction medians in 2021 and 2025.

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 ↗