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Overview of the Price Trends for Used Detached Houses in the Tokyo Area

In a recent study conducted by Athome Inc., a real estate information service based in Ota City, Tokyo, the price trends for used detached houses in the Tokyo metropolitan area from January to June 2025 have been analyzed. The company commissioned Athome Lab, also located in Tokyo, to gather and assess data on the registered prices, offering valuable insights for consumers in the real estate market.

Key Highlights

• - The average price of used detached houses in the Tokyo metropolitan area remains stable at 29,990,000 yen, reflecting no significant change from the previous period. However, there is a 2.6% decline compared to the same period last year.
• - The prices in key districts, including the 23 wards of Tokyo and major cities like Yokohama, Kawasaki, Saitama, and western Chiba, represent the highest figures recorded since the first half of 2017.
• - The price distribution of used detached houses in the 23 wards of Tokyo indicates a broad variation, influenced by land value disparities, with three-story houses becoming increasingly common in response to these market dynamics.

Analysis

Target Areas

The research focused on key regions, including:

• - Tokyo: Covering both the 23 wards and surrounding areas.
• - Kanagawa: Including cities like Yokohama and Kawasaki.
• - Saitama: Particularly focusing on Saitama City and neighboring areas.
• - Chiba: Specifically western parts such as Kashiwa, Matsudo, Nagareyama, and others.

Data Definition

The data presented refers to the median registering price (asking price) per property, derived from listings published on the Athome real estate platform. While assessing the land area, the median land sizes of two-story houses are noted. However, for areas within the 23 wards, as three-story houses constitute over 40% of the market, prices are listed separately to account for this variance.

Average Prices by Area

The overall price trend for the Tokyo metropolitan area shows a plateau compared to the previous period but a 2.6% decrease when compared to last year. Regionally, significant price increases have been observed in areas such as the 23 wards of Tokyo, Tokyo outskirts, and Saitama City.
The 23 wards of Tokyo, in particular, experienced a substantial increase of 5.0%, marking a notable surge in property values. As for the key districts—Tokyo 23 wards, Yokohama and Kawasaki, Saitama City, and western Chiba—all have reached their peak valuations since the first half of 2017, continuing a positive upward trend in prices.

In summary, while the overall market appears stable, the data indicates underlying complexities and shifts within specific areas, reflecting a market poised for potential changes as it approaches the second half of 2025. For more in-depth statistics and visuals, please download the complete PDF report from the following link: Athome Market Report.