Fujisawa City: property prices and land values

藤沢市

Data last updated: November 2026 (Land Price Publication 2026, Prefectural Survey 2026, transactions through Q2 2026)

Avg. residential land price
¥239K/m²
≈ $141/sq ft · 91 sites
#107 of 1795 municipalities in Japan
Avg. commercial land price
¥507K/m²
≈ $298/sq ft · 26 sites
1-year change
+5.5%
Residential +4.9% · commercial +7.3%
5 years / 10 years
+21.3% / +21.8%
Same sites, chained
Pre-owned condos per m²
¥562K/m²
70 m² ≈ ¥39.4M · 1110 sales
Pre-owned houses (median)
¥50.0M
≈ $317K · 1348 sales
Real Estate Zukan Index
92/100
#73 in Japan
Total real estate value Estimate
¥6.0 trillion
≈ $38.1B · land ¥4.9 trillion + buildings ¥1.1 trillion
#26 of 1719 municipalities

Map official land price survey sites

Tap anywhere on the map to get an estimate for that spot. Map: GSI Tiles.

Price trend and forecast average chained from the same survey sites

¥100K/m²¥200K/m²¥300K/m²¥400K/m²¥500K/m²2006201020142018202220262036
ResidentialCommercialResidential forecast
Avg. residential land priceNow1 year3 years5 years10 years
Forecast Forecast
+3.2% a year
¥239K/m²¥247K/m²¥263K/m²¥279K/m²¥327K/m²

Forecasts are projections, not guarantees. 10-year range: ¥268K/m²–¥385K/m²

Total real estate value of Fujisawa City land and buildings · estimated from FY2025 assessed values for fixed-asset tax

Total value (market estimate)
¥6.0 trillion
≈ $38.1B · 0.43% of Japan
Land (market estimate)
¥4.9 trillion
residential land ¥4.6 trillion
Buildings (assessed)
¥1.1 trillion
116,493 buildings · 22.9 km² floor area
Assessed value (fixed-asset tax)
¥4.6 trillion
land ¥3.6 trillion · buildings ¥1.1 trillion
ItemAssessed valueMarket estimateAreaPer m² (market estimate)
Residential land¥3.2 trillion¥4.6 trillion29.7 km²¥156K/m²
Other land
farmland, forest, other
¥306.4 billion¥306.4 billion17.2 km²—
Buildings
wooden ¥324.5 billion · non-wooden ¥743.1 billion
¥1.1 trillion¥1.1 trillion22.9 km² floor—
Total¥4.6 trillion¥6.0 trillion

Market estimate: residential land is assessed at about 70% of official land prices, so its assessed value is divided by 0.7; other land and buildings are shown at assessed value. Tax-exempt land and buildings (roads, parks, etc.) are not included. Source: Ministry of Internal Affairs and Communications, survey of fixed-asset values (FY2025, by municipality), compiled by Fudosan Zukan.

Fujisawa City compared with larger areas

AreaAvg. residential≈ USD/sq ftFujisawa City is1 year5 yearsCondos per m²Index
Fujisawa City ¥239K/m²$141/sq ft +5.5%+21.3% ¥562K/m²92
Kanagawa ¥218K/m²$129/sq ft 1.1x+4.2%+15.8% ¥520K/m²94
Japan ¥120K/m²$70/sq ft 2.0x+2.1%+8.0% ¥493K/m²—

Neighborhoods 69 · click a heading to sort

AreaAvg. residentialAvg. commercial1 year5 yearsCondos per m²Sales
Kugenumahanazawacho
鵠沼花沢町
¥450K/m² — +9.8% +47.5% ¥675K/m² 14
Kugenumaishigami
鵠沼石上
¥430K/m² ¥612K/m² +8.8% +29.2% ¥958K/m² 26
Tsujido
辻堂
¥398K/m² ¥694K/m² +10.8% +43.8% ¥1.07M/m² 49
Asahicho
朝日町
¥380K/m² — +9.2% +36.2% — 4
Shonandai
湘南台
¥351K/m² ¥640K/m² +5.8% +29.8% ¥656K/m² 124
Kugenumasakuragaoka
鵠沼桜が岡
¥325K/m² ¥360K/m² +2.2% +28.5% — 26
Kugenumafujigaya
鵠沼藤が谷
¥322K/m² — +6.6% +26.3% ¥533K/m² 32
Tsujidomotomachi
辻堂元町
¥310K/m² ¥319K/m² +8.4% +27.6% ¥371K/m² 69
Kugenumamatsugaoka
鵠沼松が岡
¥302K/m² — +3.1% +22.8% — 57
Kugenumakaigan
鵠沼海岸
¥292K/m² ¥366K/m² +6.4% +29.6% ¥523K/m² 104
Honkugenuma
本鵠沼
¥285K/m² — +6.5% +30.5% ¥569K/m² 77
Tsujidotaiheidai
辻堂太平台
¥278K/m² — +5.3% +25.6% ¥346K/m² 46
Tsujidonishikaigan
辻堂西海岸
¥274K/m² — +4.6% +19.7% ¥518K/m² 74
Katasekaigan
片瀬海岸
¥270K/m² ¥408K/m² +7.5% +29.0% ¥823K/m² 84
Tsujidohigashikaigan
辻堂東海岸
¥270K/m² — +5.8% +25.6% ¥289K/m² 70
Hatori
羽鳥
¥265K/m² — +5.7% +28.6% ¥965K/m² 113
Honcho
本町
¥251K/m² — +6.3% +26.1% ¥638K/m² 23
Mirokuji
弥勒寺
¥250K/m² — +7.1% +22.9% — 25
Katase
片瀬
¥235K/m² — +6.4% +23.2% ¥557K/m² 101
Kawana
川名
¥228K/m² — +5.4% +19.9% ¥698K/m² 80
Fujigaoka
藤が岡
¥222K/m² — +4.7% +16.8% ¥645K/m² 50
Kataseyama
片瀬山
¥213K/m² — +7.6% +20.1% — 24
Zengyo
善行
¥211K/m² ¥259K/m² +2.9% +10.0% ¥265K/m² 57
Muraokahigashi
村岡東
¥209K/m² — +4.9% +19.4% — 14
Kameino
亀井野
¥208K/m² ¥297K/m² +4.8% +16.6% ¥300K/m² 99
Hananoki
花の木
¥201K/m² — +3.6% +13.6% ¥325K/m² 11
Fujisawa
藤沢
¥200K/m² ¥405K/m² +6.8% +21.6% ¥684K/m² 138
Engyo
円行
¥197K/m² — +4.2% +12.6% ¥750K/m² 35
Nishitomi
西富
¥196K/m² — +3.2% +12.0% — 19
Honfujisawa
本藤沢
¥193K/m² — +2.1% +8.4% ¥343K/m² 62
Kugenumashimmei
鵠沼神明
¥188K/m² — +4.8% +16.0% ¥323K/m² 31
Tenjincho
天神町
¥185K/m² — +2.8% +10.1% — 10
Shirahata
白旗
¥184K/m² — +2.2% +8.2% ¥320K/m² 42
Zengyozaka
善行坂
¥184K/m² — +1.1% +7.6% ¥394K/m² 29
Daigiri
大鋸
¥183K/m² — +3.4% +10.2% ¥492K/m² 73
Misonodai
みその台
¥179K/m² — +2.3% +9.8% ¥221K/m² 10
Tateishi
立石
¥176K/m² — ±0.0% +8.6% ¥196K/m² 20
Ishikawa
石川
¥176K/m² ¥195K/m² +3.7% +12.8% ¥292K/m² 105
Karasawa
柄沢
¥172K/m² — +4.9% +13.9% — 14
Watauchi
渡内
¥170K/m² — +2.7% +13.7% — 12
Chogo
長後
¥166K/m² — +4.1% +13.7% ¥337K/m² 68
Takakura
高倉
¥162K/m² — +3.8% +14.0% ¥258K/m² 72
Endo
遠藤
¥162K/m² — +3.5% +15.8% ¥169K/m² 72
Shimotsuchidana
下土棚
¥156K/m² ¥260K/m² +4.3% +12.3% ¥130K/m² 33
Oba
大庭
¥135K/m² — +1.8% +12.1% ¥214K/m² 109
Uchimodori
打戻
¥125K/m² — +2.5% +5.9% — 8
Kuzuhara
葛原
¥79K/m² — +1.3% +5.3% — 19
Kugenumatachibana
鵠沼橘
— ¥556K/m² +12.7% +32.8% ¥1.03M/m² 60
Tsujidoshimmachi
辻堂新町
— — — — ¥587K/m² 44
Jonan
城南
— — — — ¥393K/m² 48
Kugenumahigashi
鵠沼東
— — — — ¥629K/m² 25
Minamifujisawa
南藤沢
— ¥2.13M/m² +11.5% +37.4% ¥671K/m² 30
Tsujidokandai
辻堂神台
— ¥820K/m² +5.1% +21.5% ¥1.11M/m² 18
Shobuzawa
菖蒲沢
— — — +24.5% ¥348K/m² 16
Yoda
用田
— — — — — 11
Inari
稲荷
— — — — ¥429K/m² 16
Nishimatano
西俣野
— — — — — 13
Miyabara
宮原
— — — — — 11
Namikidai
並木台
— — — — — 10
Miyamae
宮前
— — — — — 6
Osogo
獺郷
— — — — — 5
Imada
今田
— — — −0.4% — 6
Kugenuma
鵠沼
— — — — — 1
Kotsuka
小塚
— — — — — 3
Enoshima
江の島
— — — — — 2
Takaya
高谷
— — — — — 2
Tsuchidana
土棚
— — — — — 1
Kiriharacho
桐原町
— — — — — —
Katasemejiroyama
片瀬目白山
— — — — — 1

Official land price survey sites highest first · 60 sites

LocationUsePrice per m²≈ USD/sq ft1 yearStation
神奈川県 藤沢市南藤沢2番1外
Land Price Publication 2026
Commercial¥2.13M/m²$1,253/sq ft +11.5%藤沢
神奈川県 藤沢市辻堂神台1丁目7番1外
Prefectural Survey 2026
Commercial¥820K/m²$482/sq ft +5.1%店舗、事務所ビル等が多い駅近の商業地域
神奈川県 藤沢市湘南台2丁目4番8
Land Price Publication 2026
Commercial¥792K/m²$466/sq ft +7.6%湘南台
60 m
神奈川県 藤沢市鵠沼石上1丁目7番5外
Prefectural Survey 2026
Commercial¥787K/m²$463/sq ft +5.9%中層の店舗ビルが建ち並ぶ繁華な商業地域
神奈川県 藤沢市辻堂2丁目1648番5
Land Price Publication 2026
Commercial¥694K/m²$408/sq ft +10.7%辻堂
神奈川県 藤沢市藤沢字東横須賀532番4
Land Price Publication 2026
Commercial¥658K/m²$387/sq ft +10.2%藤沢
350 m
神奈川県 藤沢市鵠沼橘1丁目2番4
Prefectural Survey 2026
Commercial¥571K/m²$336/sq ft +12.0%中小規模の店舗兼事務所ビルが建ち並ぶ商業地域
神奈川県 藤沢市鵠沼橘1丁目2番4
Land Price Publication 2026
Commercial¥542K/m²$319/sq ft +13.4%藤沢
250 m
神奈川県 藤沢市湘南台1丁目9番2
Land Price Publication 2026
Commercial¥487K/m²$287/sq ft +6.1%湘南台
300 m
神奈川県 藤沢市片瀬海岸3丁目2932番744外
Prefectural Survey 2026
Commercial¥454K/m²$267/sq ft +7.1%中規模の飲食店舗等が建ち並ぶ海に近い商業地域
神奈川県 藤沢市鵠沼花沢町1800番32
Prefectural Survey 2026
Residential¥450K/m²$265/sq ft +9.8%中規模一般住宅が多い既存の住宅地域
神奈川県 藤沢市片瀬海岸1丁目2878番11外
Prefectural Survey 2026
Commercial¥445K/m²$262/sq ft +9.3%小規模の小売店舗等が建ち並ぶ海に近い商業地域
神奈川県 藤沢市鵠沼石上2丁目3番2
Land Price Publication 2026
Commercial¥437K/m²$257/sq ft +10.1%藤沢
450 m
神奈川県 藤沢市鵠沼石上2丁目11番6
Land Price Publication 2026
Residential¥430K/m²$253/sq ft +10.3%藤沢
650 m
神奈川県 藤沢市藤沢字東横須賀575番16外
Land Price Publication 2026
Commercial¥417K/m²$245/sq ft +9.4%藤沢
400 m
神奈川県 藤沢市辻堂3丁目6353番17外
Prefectural Survey 2026
Residential¥406K/m²$239/sq ft +9.7%中規模一般住宅が多い閑静な住宅地域
神奈川県 藤沢市鵠沼海岸2丁目6599番41外
Prefectural Survey 2026
Commercial¥395K/m²$232/sq ft +8.2%低層の小売店舗が建ち並ぶ駅に近い商業地域
神奈川県 藤沢市辻堂3丁目6353番17外
Land Price Publication 2026
Residential¥391K/m²$230/sq ft +12.0%辻堂
750 m
神奈川県 藤沢市鵠沼海岸2丁目6599番41外
Land Price Publication 2026
Commercial¥381K/m²$224/sq ft +9.2%鵠沼海岸
90 m
神奈川県 藤沢市朝日町19番9
Land Price Publication 2026
Residential¥380K/m²$224/sq ft +9.2%藤沢
600 m
神奈川県 藤沢市湘南台4丁目2番17
Prefectural Survey 2026
Residential¥374K/m²$220/sq ft +5.1%中規模一般住宅が多い駅に近い住宅地域
神奈川県 藤沢市湘南台5丁目3番9
Prefectural Survey 2026
Residential¥367K/m²$216/sq ft +5.2%中規模一般住宅、アパートが混在する区画整然とした住宅地域
神奈川県 藤沢市湘南台4丁目2番17
Land Price Publication 2026
Residential¥365K/m²$215/sq ft +5.2%湘南台
300 m
神奈川県 藤沢市鵠沼桜が岡3丁目6031番2
Land Price Publication 2026
Commercial¥360K/m²$212/sq ft ±0.0%本鵠沼
70 m
神奈川県 藤沢市湘南台3丁目16番25
Land Price Publication 2026
Residential¥346K/m²$204/sq ft +7.5%湘南台
700 m
神奈川県 藤沢市湘南台7丁目22番19
Prefectural Survey 2026
Residential¥340K/m²$200/sq ft +4.9%中規模一般住宅が多い区画整然とした住宅地域
神奈川県 藤沢市湘南台2丁目37番7
Land Price Publication 2026
Residential¥338K/m²$199/sq ft +5.3%湘南台
700 m
神奈川県 藤沢市片瀬海岸1丁目2603番12
Land Price Publication 2026
Commercial¥326K/m²$192/sq ft +7.2%江ノ島
100 m
神奈川県 藤沢市湘南台6丁目24番9
Land Price Publication 2026
Residential¥325K/m²$191/sq ft +5.5%湘南台
1.1 km
神奈川県 藤沢市羽鳥1丁目129番31
Prefectural Survey 2026
Residential¥325K/m²$191/sq ft +7.3%中規模一般住宅、アパート等が混在する住宅地域
神奈川県 藤沢市鵠沼桜が岡1丁目2472番39
Prefectural Survey 2026
Residential¥325K/m²$191/sq ft +4.5%中規模一般住宅が多い閑静な住宅地域
神奈川県 藤沢市鵠沼藤が谷4丁目7173番39
Land Price Publication 2026
Residential¥322K/m²$189/sq ft +6.6%柳小路
神奈川県 藤沢市鵠沼海岸6丁目3986番12
Land Price Publication 2026
Commercial¥321K/m²$189/sq ft +6.6%本鵠沼
900 m
神奈川県 藤沢市辻堂元町5丁目5315番2外
Land Price Publication 2026
Commercial¥319K/m²$188/sq ft +8.1%辻堂
1.4 km
神奈川県 藤沢市亀井野2丁目3番2
Prefectural Survey 2026
Commercial¥311K/m²$183/sq ft +4.4%店舗、中層の店舗兼共同住宅が混在する商業地域
神奈川県 藤沢市鵠沼海岸1丁目6650番14
Prefectural Survey 2026
Residential¥310K/m²$182/sq ft +4.0%中規模一般住宅が多い郊外の閑静な住宅地域
神奈川県 藤沢市辻堂元町2丁目2995番2
Land Price Publication 2026
Residential¥310K/m²$182/sq ft +8.8%辻堂
1.0 km
神奈川県 藤沢市鵠沼松が岡2丁目6711番101
Prefectural Survey 2026
Residential¥302K/m²$178/sq ft +3.1%中規模一般住宅が多い閑静な住宅地域
神奈川県 藤沢市本鵠沼1丁目2759番8
Prefectural Survey 2026
Residential¥298K/m²$175/sq ft +4.9%中規模一般住宅が多い閑静な住宅地域
神奈川県 藤沢市本鵠沼2丁目3640番5
Land Price Publication 2026
Residential¥298K/m²$175/sq ft +8.0%本鵠沼
350 m
神奈川県 藤沢市鵠沼海岸5丁目4347番19
Prefectural Survey 2026
Residential¥297K/m²$175/sq ft +4.9%中規模一般住宅が建ち並ぶ閑静な住宅地域
神奈川県 藤沢市鵠沼海岸5丁目4347番19
Land Price Publication 2026
Residential¥290K/m²$171/sq ft +6.2%鵠沼海岸
650 m
神奈川県 藤沢市辻堂太平台2丁目5068番22
Prefectural Survey 2026
Residential¥285K/m²$168/sq ft +4.4%中規模一般住宅が多い区画整然とした住宅地域
神奈川県 藤沢市川名1丁目168番3
Prefectural Survey 2026
Residential¥285K/m²$168/sq ft +5.9%一般住宅、アパート等が混在する住宅地域
神奈川県 藤沢市亀井野3丁目28番5
Land Price Publication 2026
Commercial¥283K/m²$167/sq ft +4.4%六会日大前
700 m
神奈川県 藤沢市辻堂東海岸1丁目7239番542
Land Price Publication 2026
Residential¥278K/m²$164/sq ft +6.1%辻堂
1.8 km
神奈川県 藤沢市藤沢1丁目738番1外
Prefectural Survey 2026
Commercial¥277K/m²$163/sq ft +5.7%小売店舗、営業所等が建ち並ぶ国道沿いの路線商業地域
神奈川県 藤沢市本鵠沼4丁目3542番3
Land Price Publication 2026
Residential¥277K/m²$163/sq ft +6.9%本鵠沼
550 m
神奈川県 藤沢市辻堂西海岸3丁目1番28
Land Price Publication 2026
Residential¥274K/m²$161/sq ft +4.6%辻堂
1.8 km
神奈川県 藤沢市片瀬4丁目2201番98外
Land Price Publication 2026
Residential¥274K/m²$161/sq ft +6.2%湘南海岸公園
100 m
神奈川県 藤沢市辻堂東海岸4丁目11番9
Prefectural Survey 2026
Residential¥273K/m²$161/sq ft +4.6%中規模一般住宅が建ち並ぶ海岸に近い住宅地域
神奈川県 藤沢市鵠沼海岸6丁目4208番16
Prefectural Survey 2026
Residential¥270K/m²$159/sq ft +5.5%中規模一般住宅が多い閑静な住宅地域
神奈川県 藤沢市片瀬海岸2丁目2932番1204
Land Price Publication 2026
Residential¥270K/m²$159/sq ft +6.3%片瀬江ノ島
350 m
神奈川県 藤沢市辻堂太平台1丁目5355番21
Land Price Publication 2026
Residential¥270K/m²$159/sq ft +6.3%辻堂
1.6 km
神奈川県 藤沢市本鵠沼5丁目3289番2外
Land Price Publication 2026
Residential¥268K/m²$158/sq ft +6.3%本鵠沼
850 m
神奈川県 藤沢市藤沢3丁目5729番1
Land Price Publication 2026
Commercial¥267K/m²$157/sq ft +5.5%藤沢本町
250 m
神奈川県 藤沢市弥勒寺1丁目399番7
Land Price Publication 2026
Residential¥263K/m²$155/sq ft +7.3%藤沢
1.1 km
神奈川県 藤沢市下土棚字新屋敷468番9
Land Price Publication 2026
Commercial¥260K/m²$153/sq ft +4.0%長後
70 m
神奈川県 藤沢市辻堂東海岸2丁目13番83
Land Price Publication 2026
Residential¥259K/m²$152/sq ft +6.6%鵠沼海岸
1.3 km
神奈川県 藤沢市善行1丁目5番9
Prefectural Survey 2026
Commercial¥259K/m²$152/sq ft +4.0%低層の店舗、営業所等が多い駅に近い商業地域

Transaction prices MLIT Real Estate Information Library · last 2 years · 2,763 sales

Condos per m² (median)
¥562K/m²
Condo price (median)
¥39.0M
Land & building (median)
¥50.0M
Land per m² (median)
¥250K/m²

Sales in the loaded period: Land & building 2,087 · Pre-owned condo 1,851 · Land 606 · Farmland 27 · Forest 6

DistrictPeriodTypePriceAreaBuiltPer m²
FujisawaQ2 2026Pre-owned condo (contract) ¥6.5M45 m²1975¥144K/m²
FujisawaQ2 2026Pre-owned condo (contract) ¥40.0M65 m²1998¥615K/m²
FujisawaQ2 2026Land & building (contract) ¥49.0M125 m²2017—
FujisawaQ2 2026Pre-owned condo (contract) ¥40.0M35 m²2023¥1.14M/m²
FujisawaQ2 2026Pre-owned condo (contract) ¥22.0M40 m²2006¥550K/m²
FujisawaQ2 2026Pre-owned condo (contract) ¥48.0M65 m²2002¥738K/m²
FujisawaQ2 2026Pre-owned condo (contract) ¥40.0M75 m²2002¥533K/m²
FujisawaQ2 2026Pre-owned condo (contract) ¥30.0M45 m²1991¥667K/m²
FujisawaQ2 2026Pre-owned condo (contract) ¥6.5M20 m²1989¥325K/m²
FujisawaQ2 2026Pre-owned condo (contract) ¥15.0M60 m²1994¥250K/m²
FujisawaQ2 2026Pre-owned condo (contract) ¥27.0M65 m²1997¥415K/m²
FujisawaQ2 2026Pre-owned condo (contract) ¥49.0M60 m²1997¥817K/m²
FujisawaQ2 2026Pre-owned condo (contract) ¥33.0M40 m²2019¥825K/m²
FujisawaQ2 2026Pre-owned condo (contract) ¥59.0M70 m²2017¥843K/m²
HananokiQ2 2026Pre-owned condo (contract) ¥24.0M80 m²2000¥300K/m²
NishimatanoQ2 2026Land & building (contract) ¥43.0M100 m²2026—
NishimatanoQ2 2026Land & building (contract) ¥42.0M110 m²2022—
NishitomiQ2 2026Land & building (contract) ¥53.0M70 m²2026—
TenjinchoQ2 2026Land & building (contract) ¥31.0M100 m²1997—
TenjinchoQ2 2026Land & building (contract) ¥48.0M125 m²2025—

Real Estate Zukan Index breakdown percentile within Japan (100 = highest)

Market activity
98
1-year growth
93
5-year growth
90
10-year growth
86
Price level
94
Condo price level
89

Population, income, rent, yield, transport and disaster risk will be added once sourced data is available. Methodology

Nearby areas

FAQ

What is the average land price in Fujisawa City?

The average price of residential land in Fujisawa City is ¥239,180 per m² (about ¥790,678 per tsubo), based on 91 sites in the official land price surveys (2026).

Are land prices in Fujisawa City going up?

Land prices in Fujisawa City have risen by +5.5% on average over the past year. Over five years the change is +21.3%.

How much do pre-owned condos cost in Fujisawa City?

The median price of pre-owned condo transactions in the last two years is ¥562,500 per m², with a median price of ¥39.0 million (1110 transactions, MLIT Real Estate Information Library).

What is the land price forecast for Fujisawa City?

The Fudosan Zukan model projects residential land prices to change by +3.2% a year, reaching about ¥326,585 per m² in 10 years (range ¥267,800–¥385,370). Forecasts are projections, not guarantees.

What is the total value of real estate in Fujisawa City?

About ¥6.0 trillion: land ¥4.9 trillion and buildings ¥1.1 trillion (estimated from assessed values for fixed-asset tax, FY2025; assessed total ¥4.6 trillion).

Land prices are official survey prices (Land Price Publication as of January 1, Prefectural Land Price Survey as of July 1); transactions are MLIT transaction and contract prices. Averages, changes, forecasts and the index are calculated by Fudosan Zukan. All prices in Japanese yen; dollar figures (≈) at ¥157.9 = $1 are for reference. Estimated prices and forecasts on this site are for reference only and do not guarantee actual sale prices or appraisal values. The estimate is not a licensed real estate appraisal; it is an "AI-estimated price" calculated from public land price and transaction statistics. Forecasts are projections, not guarantees.