Kitahoricho, Matsue City: property prices and land values

北堀町(松江市)

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

Avg. residential land price
¥77K/m²
≈ $45/sq ft · 1 sites
#6 of 60 neighborhoods
Avg. commercial land price
No data
1-year change
+0.9%
Residential +0.9% · commercial —
5 years / 10 years
+5.2% / +7.3%
Same sites, chained
Pre-owned condos per m²
¥218K/m²
70 m² ≈ ¥15.3M · 3 sales
Pre-owned houses (median)
No data
Real Estate Zukan Index
No data
Total real estate value Estimate
Coming soon

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

¥60K/m²¥70K/m²¥80K/m²¥90K/m²¥100K/m²2006201020142018202220262036
ResidentialResidential forecast
Avg. residential land priceNow1 year3 years5 years10 years
Forecast Forecast
+0.3% a year
¥77K/m²¥77K/m²¥77K/m²¥78K/m²¥79K/m²

Forecasts are projections, not guarantees. 10-year range: ¥65K/m²–¥93K/m²

Kitahoricho, Matsue City compared with larger areas

AreaAvg. residential≈ USD/sq ftKitahoricho, Matsue City is1 year5 yearsCondos per m²Index
Kitahoricho, Matsue City ¥77K/m²$45/sq ft +0.9%+5.2% ¥218K/m²—
Matsue City ¥45K/m²$26/sq ft 1.7x+0.4%+1.5% ¥267K/m²67
Shimane ¥25K/m²$15/sq ft 3.1x−0.8%−3.9% ¥244K/m²15
Japan ¥120K/m²$70/sq ft 0.64x+2.1%+8.0% ¥493K/m²—

Official land price survey sites highest first · 1 sites

LocationUsePrice per m²≈ USD/sq ft1 yearStation
島根県 松江市北堀町95番
Land Price Publication 2026
Residential¥77K/m²$45/sq ft +0.9%松江
2.3 km

Transaction prices MLIT Real Estate Information Library · last 2 years · 5 sales

Condos per m² (median)
¥218K/m²
Condo price (median)
¥12.0M
Land & building (median)
—
Land per m² (median)
—

Sales in the loaded period: Land & building 6 · Pre-owned condo 3 · Land 1

DistrictPeriodTypePriceAreaBuiltPer m²
KitahorichoQ3 2025Land & building ¥61.0M180 m²2024—
KitahorichoQ3 2025Pre-owned condo (contract) ¥12.0M55 m²1990¥218K/m²
KitahorichoQ2 2025Pre-owned condo (contract) ¥15.0M65 m²1990¥231K/m²
KitahorichoQ1 2025Land & building ¥8.0M270 m²——
KitahorichoQ1 2025Pre-owned condo (contract) ¥11.0M65 m²1990¥169K/m²
KitahorichoQ4 2024Land ¥780K30 m²—¥24K/m²
KitahorichoQ4 2024Land & building ¥23.0M350 m²1973—
KitahorichoQ3 2024Land & building ¥150.0M380 m²2019—
KitahorichoQ3 2024Land & building ¥8.0M120 m²1970—
KitahorichoQ4 2023Land & building ¥42.0M490 m²1972—

Nearby neighborhoods

FAQ

What is the average land price in Kitahoricho, Matsue City?

The average price of residential land in Kitahoricho, Matsue City is ¥76,700 per m² (about ¥253,554 per tsubo), based on 1 sites in the official land price surveys (2026).

Are land prices in Kitahoricho, Matsue City going up?

Land prices in Kitahoricho, Matsue City have risen by +0.9% on average over the past year. Over five years the change is +5.2%.

How much do pre-owned condos cost in Kitahoricho, Matsue City?

The median price of pre-owned condo transactions in the last two years is ¥218,181 per m², with a median price of ¥12.0 million (3 transactions, MLIT Real Estate Information Library).

What is the land price forecast for Kitahoricho, Matsue City?

The Fudosan Zukan model projects residential land prices to change by +0.3% a year, reaching about ¥78,924 per m² in 10 years (range ¥64,718–¥93,130). Forecasts are projections, not guarantees.

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.