Wakayama — Wakayama City — property transactions and local prices

Based on published MLIT transaction data, Wakayama — Wakayama 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: 941 records

Median sale price
JPY 11,000,000
Median price per m²
JPY 50,000/㎡

Valid prices: 941 records/Valid unit prices: 941 records

Land and building

Transactions: 1,085 records

Median sale price
JPY 10,000,000
Median price per m²
—

Valid prices: 1085 records/Valid unit prices: 0 records

Condominium

Transactions: 203 records

Median sale price
JPY 14,000,000
Median price per m²
—

Valid prices: 203 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 297 records/JPY 53,000/㎡ 375 records/— 73 records/—
2024 304 records/JPY 51,000/㎡ 365 records/— 65 records/—
2023 340 records/JPY 46,000/㎡ 345 records/— 65 records/—
2022 356 records/JPY 47,000/㎡ 370 records/— 72 records/—
2021 435 records/JPY 50,000/㎡ 426 records/— 68 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 47,000/㎡ (Valid: 410 records)
2017
JPY 42,000/㎡ (Valid: 437 records)
2018
JPY 50,000/㎡ (Valid: 479 records)
2019
JPY 53,000/㎡ (Valid: 455 records)
2020
JPY 55,000/㎡ (Valid: 450 records)
2021
JPY 50,000/㎡ (Valid: 435 records)
2022
JPY 47,000/㎡ (Valid: 356 records)
2023
JPY 46,000/㎡ (Valid: 340 records)
2024
JPY 51,000/㎡ (Valid: 304 records)
2025
JPY 53,000/㎡ (Valid: 297 records)

Land and building: — median sale price

2016
JPY 16,000,000 (Valid: 366 records)
2017
JPY 16,000,000 (Valid: 415 records)
2018
JPY 18,000,000 (Valid: 390 records)
2019
JPY 18,000,000 (Valid: 378 records)
2020
JPY 18,000,000 (Valid: 410 records)
2021
JPY 16,000,000 (Valid: 426 records)
2022
JPY 14,000,000 (Valid: 370 records)
2023
JPY 13,000,000 (Valid: 345 records)
2024
JPY 10,000,000 (Valid: 365 records)
2025
JPY 9,800,000 (Valid: 375 records)

Condominium: — median sale price

2016
JPY 7,000,000 (Valid: 55 records)
2017
JPY 13,000,000 (Valid: 65 records)
2018
JPY 14,000,000 (Valid: 59 records)
2019
JPY 11,000,000 (Valid: 64 records)
2020
JPY 8,800,000 (Valid: 58 records)
2021
JPY 13,000,000 (Valid: 68 records)
2022
JPY 10,000,000 (Valid: 72 records)
2023
JPY 12,000,000 (Valid: 65 records)
2024
JPY 12,000,000 (Valid: 65 records)
2025
JPY 18,000,000 (Valid: 73 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.