#Japan #Tokyo #AtHome #Condominium

Overview of the Used Condominium Market in Tokyo Metropolitan Area

In December 2025, the real estate information service company, Athome Inc., headquartered in Ota-ku, Tokyo, announced important findings regarding the ongoing trends in used condominium prices. The analysis was commissioned to Athome Lab Inc., located in Chiyoda-ku, Tokyo.

Key Highlights of the Report

As per the latest data, the average price of a used condominium in the Tokyo metropolitan area has reached ¥52.27 million, marking a continuous rise for the 17th month both month-on-month and year-on-year. This upward trend is not only noteworthy but has set records for several areas:

Tokyo's 23 Wards: For the first time, the average price has crossed the ¥80 million threshold, emphasizing the premium nature of real estate in this region.
Key Areas Increasing in Value: Following the trend, five areas—Tokyo’s 23 Wards, Kanagawa Prefecture (including cities like Yokohama and Kawasaki), and Saitama City—have achieved their highest prices since January 2017.

Analysis of Prices Beyond Tokyo

While the Tokyo area shows notable increases, other major urban regions have had mixed results:
Osaka City: Prices have increased for nine consecutive periods, showcasing a steady demand.
Nagoya City: However, both quarter-over-quarter and year-over-year prices have seen a decline.
* Other Cities: Sapporo, Kyoto, Osaka, Kobe, and Fukuoka are also seeing high prices that have exceeded records since the first quarter of 2017.

Investigative Scope

The research was conducted with a wide-ranging focus, highlighting several key metropolitan areas:

• - Monthly Reports: Tokyo (23 Wards and suburbs), Kanagawa (Yokohama and Kawasaki), Saitama (Saitama City, etc.), and Chiba (Western area).
• - Quarterly Reports: Included cities such as Sapporo, Sendai, Nagoya, Kyoto, Osaka, Kobe, Hiroshima, and Fukuoka.

Understanding the Data

The average price displayed in this report refers to the average registered price (listed selling price) for one unit of used condominiums, as collected from Athome’s consumer-facing real estate information platform. Each unit type is categorized based on size, including:

• - Single-oriented: Units below 30㎡
• - Couple-oriented: Units between 30㎡ to 50㎡
• - Family-oriented: Units between 50㎡ to 70㎡
• - Large family-oriented: Units above 70㎡

Continuous Growth in Prices

The report indicates that the average price per unit in the Tokyo metropolitan area has consistently risen for the past 17 months. Specifically, there has been an increase of over 1% in areas like Tokyo (23 Wards, suburbs), Saitama City, and Western Chiba compared to the previous month.

All areas in the metropolitan region have shown price growth year-over-year for the past eight consecutive months, reinforcing a robust real estate market.

Conclusion

The insights from this detailed analysis by Athome bring to light significant trends that are shaping the real estate market in the Tokyo metropolitan area and beyond. As demand continues and prices escalate, understanding these dynamics will be crucial for potential buyers and investors alike in navigating this ever-evolving landscape of Japanese real estate.

For a more comprehensive view, additional details and data can be accessed through the following link: Athome Report