Wakayama — Iwade City — property transactions and local prices

Based on published MLIT transaction data, Wakayama — Iwade 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: 152 records

Median sale price
JPY 8,650,000
Median price per m²
JPY 24,000/㎡

Valid prices: 152 records/Valid unit prices: 152 records

Land and building

Transactions: 169 records

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

Valid prices: 169 records/Valid unit prices: 0 records

Condominium

Transactions: 0 records

Median sale price
—
Median price per m²
—

Valid prices: 0 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 45 records/JPY 36,000/㎡ 58 records/— 0 records/—
2024 56 records/JPY 21,000/㎡ 53 records/— 0 records/—
2023 51 records/JPY 24,000/㎡ 58 records/— 0 records/—
2022 52 records/JPY 44,000/㎡ 59 records/— 0 records/—
2021 71 records/JPY 26,000/㎡ 77 records/— 0 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 28,000/㎡ (Valid: 81 records)
2017
JPY 30,000/㎡ (Valid: 69 records)
2018
JPY 25,000/㎡ (Valid: 72 records)
2019
JPY 30,000/㎡ (Valid: 66 records)
2020
JPY 31,000/㎡ (Valid: 68 records)
2021
JPY 26,000/㎡ (Valid: 71 records)
2022
JPY 44,000/㎡ (Valid: 52 records)
2023
JPY 24,000/㎡ (Valid: 51 records)
2024
JPY 21,000/㎡ (Valid: 56 records)
2025
JPY 36,000/㎡ (Valid: 45 records)

Land and building: — median sale price

2016
JPY 11,000,000 (Valid: 68 records)
2017
JPY 13,000,000 (Valid: 66 records)
2018
JPY 7,000,000 (Valid: 53 records)
2019
JPY 16,000,000 (Valid: 74 records)
2020
JPY 16,000,000 (Valid: 55 records)
2021
JPY 19,000,000 (Valid: 77 records)
2022
JPY 12,000,000 (Valid: 59 records)
2023
JPY 17,000,000 (Valid: 58 records)
2024
JPY 12,000,000 (Valid: 53 records)
2025
JPY 16,500,000 (Valid: 58 records)

Condominium: — median sale price

No published observations were available for this period.

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.