Average Prices for New Condominiums in Kanagawa, Saitama, and Chiba for 2025 Explored by LIFULL HOME'S
In recent analyses conducted by LIFULL HOME'S, a leading real estate and housing information service in Japan, the average prices of new condominiums in Kanagawa, Saitama, and Chiba prefectures for 2025 have been meticulously examined. This research follows earlier investigations into the average prices in the 23 wards of Tokyo, offering a comprehensive view of property price trends in the broader metropolitan region. Growing concerns about affordability and living conditions have prompted many families to consider these areas, especially in light of rising interest rates and inflation affecting housing markets across the country.
The findings reveal that in Kanagawa Prefecture, the average price of new condominiums reached 74 million yen, with average price per square meter surpassing 1 million yen, indicating a significant increase over previous years. From January to May 2025, the 32 areas surveyed showed varying price dynamics, with notable locations such as Naka Ward in Yokohama recording an astounding average price of approximately 159.82 million yen. This was followed by Midori Ward in Sagamihara and Chigasaki City, reflecting a clear shift in market values. Areas like Totsuka Ward saw the highest growth rate in average price per square meter, demonstrating the demand and desirability of these suburban locations.
The increasing costs suggest that families are drawn to the amenities that come with these locales—improved infrastructure, quality schools, and vibrant community services. These attributes significantly contribute to the overall real estate appeal, causing many to prioritize the greater Kanagawa area over the peaks of Tokyo's price escalations.
Transitioning to Saitama, 27 areas were analyzed, where the average price per square meter stood at 803,000 yen—a reflection of stable demand and growth. The most expensive area was Tokorozawa, with properties reaching 75.31 million yen on average. Significantly, Urawa Ward in Saitama City is witnessing a notable increase in condominium market value due to its direct connections to Tokyo and strong brand appeal, paralleling trends seen in central urban locations despite being outside Tokyo.
While the average price per square meter reached 124,200 yen in Urawa, it remained below 100,000 yen in places like Kawagoe and Tokorozawa, showing a major divide in property pricing across the region. This discrepancy illustrates the ongoing trend where city accessibility and brand prestige play decisive roles in condominium pricing in Saitama.
Chiba's analysis comprised 14 areas, revealing a rising average price per square meter at 852,000 yen. The highly desirable Ichikawa City saw average prices climbing into the 9,000,000 yen range, attributing its status to its proximity to Tokyo and excellent transportation options. This trend of rising costs in areas adjacent to the capital is significant, suggesting that many families are choosing to reside in Chiba for its affordability relative to Tokyo's inflated prices, without sacrificing access to urban conveniences.
In recent years, places like Funabashi and Urayasu have shown resilience in their property values, making them attractive to families seeking reasonable costs alongside abundant amenities. Additionally, areas further from central Tokyo such as Yachiyo are also beginning to experience price increases, hinting at a broader trend in suburban development.
In summary, the LIFULL HOME'S report highlights not only the rising property values across Kanagawa, Saitama, and Chiba but also the complex interrelation of location, price, and lifestyle. As families search for more balanced, cost-efficient living options, these properties represent emerging opportunities in the Japanese market, away from the soaring costs seen in Tokyo. The information provided by LIFULL HOME'S aims to assist families in understanding these trends to help them navigate their housing decisions effectively.
Kanagawa Prefecture
The findings reveal that in Kanagawa Prefecture, the average price of new condominiums reached 74 million yen, with average price per square meter surpassing 1 million yen, indicating a significant increase over previous years. From January to May 2025, the 32 areas surveyed showed varying price dynamics, with notable locations such as Naka Ward in Yokohama recording an astounding average price of approximately 159.82 million yen. This was followed by Midori Ward in Sagamihara and Chigasaki City, reflecting a clear shift in market values. Areas like Totsuka Ward saw the highest growth rate in average price per square meter, demonstrating the demand and desirability of these suburban locations.
The increasing costs suggest that families are drawn to the amenities that come with these locales—improved infrastructure, quality schools, and vibrant community services. These attributes significantly contribute to the overall real estate appeal, causing many to prioritize the greater Kanagawa area over the peaks of Tokyo's price escalations.
Saitama Prefecture
Transitioning to Saitama, 27 areas were analyzed, where the average price per square meter stood at 803,000 yen—a reflection of stable demand and growth. The most expensive area was Tokorozawa, with properties reaching 75.31 million yen on average. Significantly, Urawa Ward in Saitama City is witnessing a notable increase in condominium market value due to its direct connections to Tokyo and strong brand appeal, paralleling trends seen in central urban locations despite being outside Tokyo.
While the average price per square meter reached 124,200 yen in Urawa, it remained below 100,000 yen in places like Kawagoe and Tokorozawa, showing a major divide in property pricing across the region. This discrepancy illustrates the ongoing trend where city accessibility and brand prestige play decisive roles in condominium pricing in Saitama.
Chiba Prefecture
Chiba's analysis comprised 14 areas, revealing a rising average price per square meter at 852,000 yen. The highly desirable Ichikawa City saw average prices climbing into the 9,000,000 yen range, attributing its status to its proximity to Tokyo and excellent transportation options. This trend of rising costs in areas adjacent to the capital is significant, suggesting that many families are choosing to reside in Chiba for its affordability relative to Tokyo's inflated prices, without sacrificing access to urban conveniences.
In recent years, places like Funabashi and Urayasu have shown resilience in their property values, making them attractive to families seeking reasonable costs alongside abundant amenities. Additionally, areas further from central Tokyo such as Yachiyo are also beginning to experience price increases, hinting at a broader trend in suburban development.
Conclusion
In summary, the LIFULL HOME'S report highlights not only the rising property values across Kanagawa, Saitama, and Chiba but also the complex interrelation of location, price, and lifestyle. As families search for more balanced, cost-efficient living options, these properties represent emerging opportunities in the Japanese market, away from the soaring costs seen in Tokyo. The information provided by LIFULL HOME'S aims to assist families in understanding these trends to help them navigate their housing decisions effectively.
Topics Consumer Products & Retail）
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