Niseko (Kutchan and Niseko towns)¶
Kutchan and Niseko towns. A ski resort where condominiums and villas for overseas investors have been developed on the back of international tourism.
What to watch: Exchange rates and overseas investors. Figures swing because transaction counts are small.
Houses and land (MLIT)¶
Transaction prices from MLIT's survey of registered sales. Prices in ¥10,000. Quarters with fewer than 20 deals are not shown.
| Quarter | Median house price (¥10k) | House deals | Houses under ¥10m | Median land price per m² (¥10k) |
|---|---|---|---|---|
| 2024 Q2 | — | — | — | 1.3 |
Official land prices (Chika Koji, MLIT)¶
Prices of standard sites as of 1 January each year (published in March). The change is the average for sites that continue from the previous year.
| Year | Use | Median (¥ per m²) | Change | Sites |
|---|---|---|---|---|
| 2024 | Commercial | 140,000 | +7.7% | 1 |
| 2025 | Commercial | 157,000 | +12.1% | 1 |
| 2026 | Commercial | 181,000 | +16.0% | 1 |
| 2024 | Residential | 57,000 | +3.1% | 3 |
| 2025 | Residential | 60,000 | +6.3% | 3 |
| 2026 | Residential | 67,000 | +11.1% | 3 |
This service uses the API of the MLIT Real Estate Information Library, but the timeliness, accuracy and completeness of the information provided are not guaranteed. (このサービスは、国土交通省不動産情報ライブラリのAPI機能を使用していますが、提供情報の最新性、正確性、完全性等が保証されたものではありません。)
Figures are medians of individual transactions and change with the mix of what sold. Regime labels are our own interpretation, not investment advice.