Greater Tokyo Area existing home sales rise for 12th straight month in October 2025
- Adam German
- 5 days ago
- 2 min read
The East Japan Real Estate Information Network (REINS) announced on November 11th that existing home transactions in the Greater Tokyo Area continued to rise in October 2025, marking the 12th consecutive month of year-on-year (YoY) growth.
Photo by Jezael Melgoza on Unsplash
The Greater Tokyo Area (GTA) consists of Tokyo, Chiba, Kanagawa and Saitama prefectures.
The data presented below is meant to illustrate average trends and does not guarantee price levels at all. Real estate is a hyper local venture so always consult a licensed realtor for your property specific needs.
The number of existing condominium sales totaled 4,222 units, up 36.5% from a year earlier, achieving double-digit increases for ten consecutive months since January.
By prefecture, sales rose sharply across the board:
Tokyo: 2,234 units (+39.7% YoY)
Saitama: 454 units (+20.7% YoY)
Chiba: 491 units (+20.3% YoY)
Kanagawa: 1,043 units (+47.1% YoY)
The average contracted price per square meter reached ¥853,500, a 13.6% increase year-on-year and the 66th consecutive monthly gain since May 2020.
The average transaction price per unit rose 12.4% to ¥53.25 million, extending its growth streak to 12 months.
The average floor area declined slightly to 62.39 square meters (-1.0%), while the average building age of transacted properties increased to 26.68 years, up 1.31 years from the previous year.
New listings fell 4.4% to 15,959 units, marking the fourth straight monthly decline, while inventory dropped 4.8% to 43,669 units, down for the third consecutive month.
Sales of existing single-family homes also remained strong, climbing 53.7% year-on-year to 1,804 units, extending the growth streak to 12 months.
By prefecture, sales increased significantly in all areas:
Tokyo: 565 units (+46.0% YoY)
Saitama: 415 units (+75.8%YoY)
Chiba: 387 units (+39.2% YoY)
Kanagawa: 437 units (+60.1% YoY)
The average contract price for existing single-family homes edged up 0.6% to ¥38.01 million, rising for the first time in two months.
Source:
R.E. Port News (Japanese only)
