#Japan #Tokyo #AtHome #Used Condominiums

Trends in Used Condominium Prices in the Tokyo Metropolitan Area

As of January 2026, a recent report from Athome Inc., a notable real estate information service based in Ota-ku, Tokyo, highlights significant trends in the pricing of used condominiums across the Tokyo metropolitan area. This analysis, initiated by Athome Lab, reveals that the average price for a single used condominium unit has reached an astounding ¥53.25 million.

This price reflects a sustained upward trend, marking 18 consecutive months of increases compared to both the previous month and the same month last year.

Key Findings

• - Average Price: The average price of used condominiums in the metropolitan area is now ¥53.25 million.
• - Consistent Growth: For nine consecutive months, all eight designated areas have exceeded prices from the same month of the previous year.
• - Record Highs: Both Tokyo's 23 wards and other regions, including Kanagawa (Yokohama and Kawasaki), and Chiba, have seen the highest prices since January 2017. Notably, the price within Tokyo's 23 wards has surged a remarkable 35.2% year-over-year, achieving the highest percentage since the survey began.

Investigation Overview

Target Areas:

• - Tokyo: 23 wards and outlying areas
• - Kanagawa: Including Yokohama and Kawasaki
• - Saitama: Including Saitama City
• - Chiba: Focused on western areas such as Kashiwa, Matsudo, Nagareyama, Abiko, Ichikawa, Urayasu, Narashino, and Funabashi.

Data Characteristics:

This analysis utilizes consumer-registered and publicly accessible data from Athome’s real estate information site. Each property’s average registration price (proposed sales price) is analyzed without duplicate listings.

Definitions:

• - Single Units: Properties under 30 square meters
• - Couple Units: Properties between 30 and 50 square meters
• - Family Units: Properties between 50 and 70 square meters
• - Large Family Units: Properties exceeding 70 square meters

Price Trends Across Eight Areas

The average price across the eight designated areas has shown marked increases compared to both the previous month and the same month from last year.
When looking at month-to-month comparisons, a slight drop was noted in a few areas; however, four of the eight areas experienced increases of 1% or more. For the ninth month in a row, all areas demonstrated positive growth compared to the previous year, with Tokyo’s 23 wards marking the highest increase during this period.

Conclusion

This updated report from Athome underscores the escalating value of used condominiums in the Tokyo area. The consistently increasing prices reflect both the demand and the attractiveness of these properties in a competitive real estate market.

For those looking for detailed statistical insights, charts, and further data, a PDF version of the full report is available for download at Athome.