Discovering Shimane: A Deep Dive into Japan’s Evolving Real Estate Market
Shimane Prefecture, known for its scenic beauty and rich cultural heritage, presents a unique real estate landscape characterized by a stable ownership rate, consistent employment, and a gradually declining population. With a relatively low rate of population change (-1.05%) and a high percentage of owned houses (70.2%), Shimane offers a mix of historical charm and modern living. The prefecture also boasts balanced amenities with adequate educational institutions and retail facilities, making it an attractive location for families and investors alike. This article provides a comprehensive analysis of Shimane’s property market trends, helping prospective buyers and industry experts understand the dynamics influencing transaction prices and property values.
Ratio of population of foreigners (per 100,000 persons)
1226.3
Aging index
289.9
Rate of population change
-1.05%
Yearly average of air temperature
15.8
Yearly average of relative humidity
75%
Yearly clear days
15
Number of elementary schools (per inhabitable area 100 km2)
15.5
Number of lower secondary schools (per inhabitable area 100 km2)
7.47
Number of upper secondary schools (per inhabitable area 100 km2)
3.7
Percentage of persons employed
97.3%
Unemployment rate (Both sexes)
2.7%
Percentage of owned houses
70.2%
Number of retail stores (per 1,000 persons)
9.55
Number of eating and drinking places (per 1,000 persons)
3.81
Number of department stores and general merchandise stores (per 100,000 persons)
0.45
Number of traffic accidents (per 100,000 persons)
116.4
Number of recognitions of criminal offenses (per 1,000 persons)
2.78
Amount of damage by disasters (per capita)(30 years average)
￥19564
Areas in Shimane
| Area | Median Price per m² | Growth over last 5 years |
|---|---|---|
| Izumo City | ￥131,428 | 112.6% |
| Matsue City | ￥121,739 | -11.7% |
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