Ibaraki — Mito City — property transactions and local prices

Based on published MLIT transaction data, Ibaraki — Mito City transaction statistics are summarized below.

Period: 2021〜2025(Five recent completed years of published data)

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Compare two municipalities in the same prefecture using the same period and property type.

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Median transaction prices over the past three completed years

2023〜2025 transactions are used for this calculation. The period differs from the five-year comparison.

Land

Transactions: 743 records

Median sale price
JPY 8,700,000
Median price per m²
JPY 27,000/㎡

Valid prices: 743 records/Valid unit prices: 743 records

Land and building

Transactions: 828 records

Median sale price
JPY 23,500,000
Median price per m²
—

Valid prices: 828 records/Valid unit prices: 0 records

Condominium

Transactions: 132 records

Median sale price
JPY 16,500,000
Median price per m²
—

Valid prices: 132 records/Valid unit prices: 0 records

Transaction history for five completed years

Compare yearly transaction counts and median reported unit prices by property type over the five most recent completed years. Categories are calculated separately.

YearLand (records / price per m²)Land and building (records / price per m²)Condominium (records / price per m²)
2025 229 records/JPY 27,000/㎡ 289 records/— 40 records/—
2024 269 records/JPY 26,000/㎡ 266 records/— 41 records/—
2023 245 records/JPY 27,000/㎡ 273 records/— 51 records/—
2022 312 records/JPY 27,000/㎡ 263 records/— 60 records/—
2021 338 records/JPY 28,000/㎡ 306 records/— 51 records/—

Transaction price trends over ten years

The land series uses median published price per square metre; the land-and-building and condominium series use median total sale price. Different categories and units are not combined. These are not repeat-sale price indices.

Land: — median price per m²

2016
JPY 24,000/㎡ (Valid: 450 records)
2017
JPY 24,000/㎡ (Valid: 397 records)
2018
JPY 26,000/㎡ (Valid: 371 records)
2019
JPY 26,000/㎡ (Valid: 284 records)
2020
JPY 26,000/㎡ (Valid: 303 records)
2021
JPY 28,000/㎡ (Valid: 338 records)
2022
JPY 27,000/㎡ (Valid: 312 records)
2023
JPY 27,000/㎡ (Valid: 245 records)
2024
JPY 26,000/㎡ (Valid: 269 records)
2025
JPY 27,000/㎡ (Valid: 229 records)

Land and building: — median sale price

2016
JPY 22,000,000 (Valid: 304 records)
2017
JPY 20,000,000 (Valid: 300 records)
2018
JPY 22,000,000 (Valid: 312 records)
2019
JPY 21,000,000 (Valid: 273 records)
2020
JPY 21,000,000 (Valid: 356 records)
2021
JPY 22,000,000 (Valid: 306 records)
2022
JPY 22,000,000 (Valid: 263 records)
2023
JPY 24,000,000 (Valid: 273 records)
2024
JPY 23,000,000 (Valid: 266 records)
2025
JPY 24,000,000 (Valid: 289 records)

Condominium: — median sale price

2016
JPY 16,500,000 (Valid: 42 records)
2017
JPY 17,000,000 (Valid: 46 records)
2018
JPY 15,000,000 (Valid: 41 records)
2019
JPY 16,000,000 (Valid: 50 records)
2020
JPY 15,000,000 (Valid: 53 records)
2021
JPY 19,000,000 (Valid: 51 records)
2022
JPY 17,500,000 (Valid: 60 records)
2023
JPY 16,000,000 (Valid: 51 records)
2024
JPY 17,000,000 (Valid: 41 records)
2025
JPY 17,000,000 (Valid: 40 records)

Explore transactions by year

Sources and methodology

Source: MLIT Real Estate Information Library property transaction data. We filter the data by category and independently calculate medians and transaction counts.

The median is the central observation when sorted by price (or the mean of the two central observations for even-sized samples). The reference periods differ for market-level figures, transaction history and price trends.

Total transaction prices and published unit prices are summarized separately. Figures are not appraisals of individual properties and may change as the source data is updated.Data update information · Disclaimer for more details.