Sendai City¶
The central city of Tohoku. Demand centres on condominiums along the subway lines; prices are affordable among major cities.
Current phase¶
Overheating / still rising (simplified) (adjustment pressure 15 / 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 | 33.8 | 295 |
| 2024 Q3 | 30.7 | 278 |
| 2024 Q4 | 31.4 | 255 |
| 2025 Q1 | 32.0 | 301 |
| 2025 Q2 | 28.8 | 313 |
| 2025 Q3 | 30.0 | 311 |
| 2025 Q4 | 31.8 | 334 |
| 2026 Q1 | 32.0 | 346 |
- Year-on-year change in median price per m²: +0.0% (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 | 91 | 440 | 17.6 | 30.0 | +7.8% |
| 1LDK | 67 | 2,100 | 41.8 | 55.0 | +30.1% |
| 2 rooms (2K-2LDK) | 288 | 2,000 | 30.9 | 65.0 | -9.9% |
| 3 rooms (3K-3LDK) | 685 | 2,600 | 34.1 | 75.0 | +2.4% |
| 4 rooms or more | 173 | 2,500 | 27.8 | 90.0 | -7.4% |
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 | 3,000 | 285 | 5.3% | 9.2 |
| 2025 Q3 | 3,400 | 315 | 8.9% | 10.9 |
| 2025 Q4 | 3,400 | 263 | 8.7% | 10.0 |
| 2026 Q1 | 2,750 | 116 | 12.1% | 10.8 |
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 | 548,000 | +7.4% | 83 |
| 2025 | Commercial | 586,000 | +8.0% | 83 |
| 2026 | Commercial | 608,000 | +7.6% | 83 |
| 2024 | Residential | 97,600 | +6.7% | 222 |
| 2025 | Residential | 104,500 | +6.2% | 216 |
| 2026 | Residential | 107,000 | +4.2% | 217 |
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.