Tottori Real Estate Unveiled: Navigating Trends and Opportunities
Tottori Prefecture, known for its scenic sand dunes and relaxed pace of life, offers a unique real estate market in Japan. With a stable employment rate, a relatively high percentage of owned houses, and a regular pace of development amidst an aging population and low population change, the region presents both challenges and opportunities for buyers and investors. The data reflects varied urban centers like Tottori City, Yonago City, and Kurayoshi City, where property price shifts indicate localized trends that mirror broader economic and infrastructural changes.
Ratio of population of foreigners (per 100,000 persons)
778.8
Aging index
272.7
Rate of population change
-0.91%
Yearly average of air temperature
15.7
Yearly average of relative humidity
76%
Yearly clear days
13
Number of elementary schools (per inhabitable area 100 km2)
12.94
Number of lower secondary schools (per inhabitable area 100 km2)
6.3
Number of upper secondary schools (per inhabitable area 100 km2)
3.54
Percentage of persons employed
96.5%
Unemployment rate (Both sexes)
3.5%
Percentage of owned houses
68.8%
Number of retail stores (per 1,000 persons)
8.54
Number of eating and drinking places (per 1,000 persons)
4.15
Number of department stores and general merchandise stores (per 100,000 persons)
1.46
Number of traffic accidents (per 100,000 persons)
109.9
Number of recognitions of criminal offenses (per 1,000 persons)
3.5
Amount of damage by disasters (per capita)(30 years average)
￥12805
Areas in Tottori
| Area | Median Price per m² | Growth over last 5 years |
|---|---|---|
| Tottori City | ￥200,000 | 85.5% |
| Yonago City | ￥108,333 | 2.3% |
| Kurayoshi City | ￥45,161 | 16.0% |
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