#Japan #Tokyo #Real Estate #AtHome #New Houses

Tokyo Real Estate Prices on the Rise

In the latest report by AtHome Inc., a leading real estate information service provider based in Ota City, Tokyo, significant trends in the pricing of new houses in the Tokyo metropolitan area have been observed. The report, derived from thorough research and analysis conducted by AtHome Lab, reveals several crucial insights into the real estate market as of June 2025.

Key Highlights from the Report

• - The average price of new houses in the Tokyo metropolitan region stands at 48.14 million yen, reflecting a month-over-month increase of 0.5%. This marks the fifth consecutive month of price hikes.
• - Compared to the same month last year, prices are up 5.7%, indicating a persistent upward trend over the last ten months.
• - Specific areas such as Tokyo's outer regions, Yokohama, Kawasaki, and other parts of Kanagawa and Chiba have recorded their highest prices since January 2017.

Performance of Areas Outside the Metropolitan Region

In the eight areas outside the Tokyo metropolitan area, there has been a notable increase in new home prices as well. The report indicates that all eight areas have shown upward trends compared to the same period the previous year, with the only exception being Kyoto Prefecture, which saw a decline. Notably, excluding Kyoto, the remaining seven areas have achieved their highest prices since the first quarter of 2017, marking a positive trajectory in the housing market.

Detailed Area Analysis

The Tokyo Metropolitan area, regularly monitored for housing trends, includes the following regions:

• - Monthly Reports: Tokyo (23 wards and outskirts), Kanagawa (Yokohama and Kawasaki), Saitama (Saitama City and others), Chiba (western Chiba and others). Western Chiba encompasses cities such as Kashiwa, Matsudo, Nagareyama, Abiko, Ichikawa, Urayasu, Narashino, and Funabashi.
• - Quarterly Reports: Hokkaido, Miyagi, Aichi, Kyoto, Osaka, Hyogo, Hiroshima, and Fukuoka.

The compiled data for this analysis pertains to newly registered houses on AtHome’s platforms, emphasizing only unique listings to avoid duplication.

Pricing Trends and Statistics

The overall average pricing reflects a bullish market, reinforcing the notion of a strong demand amidst limited supply. In a breakdown of area-specific pricing, six out of the eight regions recorded increases when compared month-over-month, contributing to a unified rise observed over three consecutive months.

The four prominent areas of interest, including Tokyo's outskirts, Yokohama, Kawasaki, and additional regions in Kanagawa and Chiba, have recorded historical price points unachieved since 2017, showcasing the high demand and competitive market within these areas.

Conclusion

The insights gathered from this continuous analysis provide a clearer picture of the dynamics governing the real estate market in the Tokyo metropolitan area. As prices show a decided upward trend, stakeholders, investors, and potential home buyers must stay informed about evolving market conditions.

For more detailed information, readers can access the full PDF report available at AtHome.