April 2025 Market Report Reveals Record High Prices for Used Condominiums

LIFULL HOME'S Market Trends for April 2025

The LIFULL HOME'S Market Report, published monthly, aggregates property data from the real estate service, LIFULL HOME'S, along with user inquiries about properties. This report is published around the 25th of each month for the previous month’s data.

Highlights

In April 2025, both the Tokyo and Kinki regions saw their used condominium prices reach unprecedented levels for both single and family-oriented units. Particularly noteworthy is the surge in prices within central Osaka, which skyrocketed by 160.8% year-over-year, indicating a robust demand in that market.

For Singles

The average listing price for single-oriented used condominiums in the Tokyo metropolitan area—including Tokyo, Kanagawa, Saitama, and Chiba—reached ¥42.57 million, marking a year-on-year increase of 19.7%. Meanwhile, the Kinki region exhibited a slightly lower average of ¥24.8 million, but this marked a higher year-on-year increase of 29.4%. Significantly, Osaka Prefecture noted an exceptional spike, with its average listing price hitting ¥28.63 million, up 48.5% from the previous year. In the heart of Osaka, the central six districts saw an astonishing rise, averaging ¥14.14 million, thereby contributing greatly to the Kinki region's price ascent.

The price per square meter in these districts also reflected a dramatic rise, averaging ¥970,000, which represents an increase of 33.1% compared to the previous year. This rise outpaces that of the central Tokyo six districts, which experienced a 26.8% increase, averaging ¥1,660,000 per square meter.

For Families

Similarly, family-oriented condominiums in the Kinki region reached their highest prices ever recorded. The average price in the Tokyo area remained stable at ¥45.39 million, with a year-on-year increase of 14.8%. However, in the Kinki region, the average price for family-oriented properties climbed to ¥28.94 million, showing a year-on-year increase of 10.1%. The central six districts of Osaka led the way with an average price of ¥80.45 million, reflecting a formidable year-on-year increase of 53.2%.

In these districts, the average price per square meter also rose significantly, reaching ¥1,122,110, which showcases a remarkable 47.3% increase compared to last year. This surge distinctly surpasses the price growth in central Tokyo’s six districts, which recorded an increase of 38.9% to an average price of ¥1,879,569 per square meter.

Conclusion

The data from the LIFULL HOME'S Market Report paints a picture of a thriving real estate market in Japan, specifically within key metropolitan areas. The sharp rise in property values showcases the demand for both single and family-oriented housing. LIFULL HOME'S strives to spotlight these trends to help the public make informed decisions about housing options, enhancing the quality of life and relationships between individuals and their homes.

For more detailed area-specific data, including square footage and construction age, please visit LIFULL HOME'S PRESS. Additionally, past market reports are available for those interested in historical price trends and analyses.

Visit LIFULL HOME'S for comprehensive listings and information related to real estate in Japan.

About LIFULL
LIFULL aims to tackle social challenges through various services, ensuring everyday life is filled with security and joy. We strive to support individual needs, helping find the right homes, from rentals to property purchases, to various housing solutions.

For further details on our services and how we can assist, visit our main site or explore specific property searches on LIFULL HOME'S.