Sapporo City¶
The centre of Hokkaido. There are hopes for the Shinkansen extension and central redevelopment, but prices are low among major cities.
Current phase¶
Overheating / still rising (simplified) (adjustment pressure 11 / 100, confidence low, as of 2026-Q1)
There are no monthly market statistics for this area, so this is a simplified call based on MLIT's quarterly closing data (year-on-year change in price per m² and in counts, and consecutive quarters of decline). For prefectures it also uses the gap between official land prices and land transaction prices in the same districts, and the year-on-year change in resident population. The data lag about three months.
What to watch: Price per square metre and transaction counts.
Resale condominium closing prices (MLIT)¶
Price per m² in units of ¥10,000 (万円). Quarters with fewer than 10 closings are not shown.
| Quarter | Median price per m² (¥10k) | Closings |
|---|---|---|
| 2024 Q2 | 25.0 | 640 |
| 2024 Q3 | 25.0 | 598 |
| 2024 Q4 | 26.2 | 584 |
| 2025 Q1 | 24.0 | 646 |
| 2025 Q2 | 22.7 | 691 |
| 2025 Q3 | 25.7 | 668 |
| 2025 Q4 | 25.0 | 704 |
| 2026 Q1 | 26.7 | 615 |
- Year-on-year change in median price per m²: +11.1% (2026 Q1)
By floor plan (resale condominiums, last 4 quarters)¶
2025 Q2 to 2026 Q1. Floor plans with fewer than 10 closings are not shown. "S" (service room) is not counted as a room.
| Floor plan | Closings | Median price (¥10k) | Median per m² (¥10k) | Median size (m²) | Per m², year on year |
|---|---|---|---|---|---|
| Studio / 1K / 1DK | 122 | 360 | 13.3 | 30.0 | +3.6% |
| 1LDK | 153 | 1,400 | 24.6 | 50.0 | +15.7% |
| 2 rooms (2K-2LDK) | 551 | 1,700 | 25.5 | 65.0 | -4.5% |
| 3 rooms (3K-3LDK) | 1,332 | 2,100 | 26.5 | 80.0 | -0.7% |
| 4 rooms or more | 519 | 2,500 | 25.5 | 95.0 | +4.1% |
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) |
|---|---|---|---|---|
| 2025 Q2 | 3,400 | 363 | 11.3% | 8.7 |
| 2025 Q3 | 3,300 | 418 | 9.1% | 8.9 |
| 2025 Q4 | 3,400 | 414 | 12.3% | 9.5 |
| 2026 Q1 | 3,150 | 248 | 8.5% | 10.0 |
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 | 196,000 | +10.2% | 151 |
| 2025 | Commercial | 209,000 | +5.8% | 149 |
| 2026 | Commercial | 216,000 | +4.5% | 151 |
| 2024 | Residential | 94,000 | +8.2% | 309 |
| 2025 | Residential | 96,000 | +2.8% | 305 |
| 2026 | Residential | 99,000 | +1.1% | 304 |
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.