Trends in Used Condominium Prices in the Tokyo Metropolitan Area as of February 2026

In a recent analysis conducted by AtHome Lab, based on data released by AtHome Co., the average price of used condominiums in the Tokyo metropolitan area has reached an astounding 54.12 million yen. This figure marks a significant trend, showing an increase for the 19th consecutive month, both compared to the previous month and the same month last year. The real estate market has shown exceptional resilience and recovery, especially in key areas.

Key Highlights

- Price Growth: The average price per unit has consistently risen. Notably, all eight monitored areas have reported higher prices than the same month last year for the past ten months.
- Record Highs: Both Tokyo's 23 wards and the cities of Kawasaki and Yokohama in Kanagawa Prefecture have witnessed updated record-high prices since January 2017. Specifically, the year-on-year increase for Tokyo's 23 wards stands at 33.9%, maintaining a robust growth of over 30% for ten consecutive months.

Analysis Overview

Target Areas

The analysis focuses on several key regions:

- Tokyo: Includes both the 23 wards and the outskirts.
- Kanagawa: Primarily focusing on Yokohama and Kawasaki.
- Saitama: Including Saitama City and surrounding areas.
- Chiba: Specifically the western region, including cities like Kashiwa and Matsudo.

Data Perspective

The dataset utilized contains listings that have been registered and made public for consumer purposes on the AtHome real estate platform. The average registration price is represented as the