Property prices in Matara City
This page summarises 351 public property listings in Matara City, Matara district, collected from ikman.lk on 3 November 2026. Figures are asking prices, not sale prices. Each row shows the median (the middle ad), the middle half of ads (25th to 75th percentile) and the number of ads behind it.
| Measure | Median | Middle half of ads | Ads |
|---|---|---|---|
| Land, per perch | Rs 1.6 million | Rs 400,000 to Rs 2.5 million | 319 |
| Houses for sale, asking price | Rs 30 million | Rs 24 million to Rs 41.25 million | 28 |
| Houses, asking price per sq ft | Rs 12,195 | Rs 8,745 to Rs 16,115 | 27 |
How Matara City compares
- Median land per perch: Rs 1.6 million, about 2.5 times the middle town figure island-wide (Rs 650,000). Rank 24 of 85 towns with enough listings, highest first.
The island reference is the median of town medians for towns with at least 30 listings, so it describes a typical town, not the national market.
What stands out in Matara City
- The sample is mostly land (319 of 347 usable ads).
- Asking-price spread for land, per perch is wider than a typical town: the middle half runs Rs 400,000 to Rs 2.5 million (a 6.2x gap between the quartiles, against 1.6x for the median town).
- Within Matara district, the median land, per perch here is about 2.8 times the district figure (Rs 1.6 million vs Rs 575,000), rank 2 of 5 priced towns in the district.
How the Matara City numbers have moved
- Land per perch: the median is up about 14% compared with a week earlier - Rs 1.6 million against Rs 1.4 million on 27 October, on 319 ads now and 284 then.
This compares daily asking medians on changing samples of ads; it describes this site's sample, not a formal price index.
Read this before using the numbers
Sellers ask more than buyers pay, and listings expire or sell. Outliers are trimmed to the 5th to 95th percentile band and ads whose title names a different town are excluded. The method page explains every step. Nothing here is valuation or investment advice.
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