Shimane Prefecture¶
Population decline and ageing are among the fastest in Japan. Many family homes are inherited by children living elsewhere, and selling or maintaining vacant and inherited homes is a growing issue.
What to watch: Resale house prices and counts, the share below ¥10 million, and inheritance-related registrations.
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 |
|---|---|---|
| 2023 Q4 | 32.0 | 16 |
| 2024 Q1 | 24.0 | 15 |
| 2024 Q2 | 33.3 | 18 |
| 2024 Q3 | 26.7 | 13 |
| 2024 Q4 | 25.7 | 11 |
| 2025 Q2 | 23.1 | 15 |
| 2025 Q3 | 25.3 | 16 |
| 2026 Q1 | 30.0 | 11 |
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 |
|---|---|---|---|---|---|
| 3 rooms (3K-3LDK) | 33 | 2,000 | 26.7 | 75.0 | -16.7% |
| 4 rooms or more | 10 | 1,950 | 22.7 | 85.0 | — |
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 | 900 | 129 | 51.9% | 1.9 |
| 2025 Q3 | 1,000 | 136 | 48.5% | 2.0 |
| 2025 Q4 | 550 | 135 | 60.0% | 1.9 |
| 2026 Q1 | 800 | 89 | 56.2% | 2.4 |
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 | 48,250 | -0.8% | 44 |
| 2025 | Commercial | 46,600 | -0.8% | 43 |
| 2026 | Commercial | 46,000 | -0.9% | 44 |
| 2024 | Residential | 28,700 | -0.3% | 91 |
| 2025 | Residential | 28,900 | -0.4% | 89 |
| 2026 | Residential | 28,300 | -0.4% | 88 |
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.