Trends in Used Apartment Prices in Greater Tokyo as of March 2026
In March 2026, the average price of used apartments in the Greater Tokyo area reached approximately 55.29 million yen, marking an increase that has continued for 20 consecutive months compared to both the previous month and the same month last year. This data, sourced from At Home Co., Ltd., highlights significant trends in real estate prices across the region, particularly in Tokyo's 23 wards, Kanagawa, Saitama, and Chiba prefectures.
The price increases in Greater Tokyo have been particularly pronounced in specific areas. Tokyo's 23 wards, as well as major cities in Kanagawa like Yokohama and Kawasaki, have not only seen consistent price rises but have also set new records for average prices since January 2017. Notably, the 23 wards of Tokyo have reported continuous price increases for 20 consecutive months, reflecting a robust real estate market amidst various economic challenges.
Outside the Greater Tokyo area, other notable urban centers have also experienced changes in their used apartment markets. Key cities, including Osaka, Nagoya, Sapporo, Sendai, and Kyoto, have shown varied trends. Osaka has seen a steady increase for ten consecutive quarters. However, Nagoya has experienced a decline over the last two quarters compared to the previous year. Cities such as Sapporo, Sendai, and Fukuoka have notably reached their highest registered prices since the first quarter of 2017.
The survey, initiated by At Home Co., Ltd. and conducted by At Home Lab Co., Ltd., covers multiple areas within metropolitan Tokyo and selected urban regions. It leverages data from At Home's real estate information platform, where consumer-driven registered prices of used apartments are publicly available. The study defines apartment sizes for analysis: those under 30 square meters are suitable for singles, between 30 and 50 square meters for couples, 50 to 70 square meters for family units, and anything over 70 square meters as suitable for larger families.
The research confirms that, across the surveyed areas, the average apartment price has consistently risen for both month-over-month and year-over-year comparisons, indicating underlying demand and a potentially competitive housing market. Despite fluctuations in certain areas such as Saitama and Chiba, the overall trend suggests a healthy appreciation in property values throughout Greater Tokyo and its vicinity.
As data suggests trends and predictions for the rest of 2026, real estate professionals and potential buyers alike are encouraged to closely monitor these developments. The ongoing demand for housing, coupled with limited supply, continues to shape the landscape of the used apartment market in these regions.
For a more detailed analysis and the complete report, please download the PDF from the official At Home website here.
Key Highlights
The price increases in Greater Tokyo have been particularly pronounced in specific areas. Tokyo's 23 wards, as well as major cities in Kanagawa like Yokohama and Kawasaki, have not only seen consistent price rises but have also set new records for average prices since January 2017. Notably, the 23 wards of Tokyo have reported continuous price increases for 20 consecutive months, reflecting a robust real estate market amidst various economic challenges.
Outside the Greater Tokyo area, other notable urban centers have also experienced changes in their used apartment markets. Key cities, including Osaka, Nagoya, Sapporo, Sendai, and Kyoto, have shown varied trends. Osaka has seen a steady increase for ten consecutive quarters. However, Nagoya has experienced a decline over the last two quarters compared to the previous year. Cities such as Sapporo, Sendai, and Fukuoka have notably reached their highest registered prices since the first quarter of 2017.
Survey Overview
The survey, initiated by At Home Co., Ltd. and conducted by At Home Lab Co., Ltd., covers multiple areas within metropolitan Tokyo and selected urban regions. It leverages data from At Home's real estate information platform, where consumer-driven registered prices of used apartments are publicly available. The study defines apartment sizes for analysis: those under 30 square meters are suitable for singles, between 30 and 50 square meters for couples, 50 to 70 square meters for family units, and anything over 70 square meters as suitable for larger families.
The research confirms that, across the surveyed areas, the average apartment price has consistently risen for both month-over-month and year-over-year comparisons, indicating underlying demand and a potentially competitive housing market. Despite fluctuations in certain areas such as Saitama and Chiba, the overall trend suggests a healthy appreciation in property values throughout Greater Tokyo and its vicinity.
As data suggests trends and predictions for the rest of 2026, real estate professionals and potential buyers alike are encouraged to closely monitor these developments. The ongoing demand for housing, coupled with limited supply, continues to shape the landscape of the used apartment market in these regions.
For a more detailed analysis and the complete report, please download the PDF from the official At Home website here.
Topics Consumer Products & Retail）
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