Greater Tokyo existing condo prices post double digit growth in 2025
- Adam German
- 2 days ago
- 1 min read
Tokyo Kantei announced on January 22nd the average prices of existing condominiums in Japan’s three major metropolitan areas and key cities for the full year 2025, calculated on a standard 70-square-meter basis.
Chart courtesy of Tokyo Kantei, edited by Patience Realty.
In 2025, the average price of existing condominiums in the Greater Tokyo Area (GTA) surged to ¥57.96 million, up 22.1% from the previous year.
After posting a 1.1% year-on-year decline in 2024, prices rebounded strongly in 2025, exceeding pre-decline levels.
The GTA consists of Tokyo, Kanagawa, Saitama and Chiba prefectures.
Broken down by prefecture, Tokyo recorded a sharp rise to ¥88.46 million, up 31.1% year on year. The increase is attributed to steady demand from well-capitalized individuals and corporations, as well as more assertive pricing by sellers amid a strong seller’s market.
Average prices also rose in Kanagawa Prefecture to ¥39.58 million (up 8.9%), Saitama Prefecture to ¥30.06 million (up 3.3%), and Chiba Prefecture to ¥27.90 million (up 3.2%).
In the Greater Osaka (Kansai) region, the average price increased to ¥31.24 million, up 9.0% from a year earlier, marking a return to growth. Osaka Prefecture saw prices climb to ¥36.03 million (up 15.6%), while Hyogo Prefecture rose to ¥24.76 million (up 1.0%).
The Greter Nagoya (Chubu) region also returned to growth, with average prices rising to ¥23.15 million, up 3.3% year on year. In Aichi Prefecture, prices reached ¥24.44 million, representing a 3.0% increase from the previous year.
Further Reading:
Tokyo Kantei December 2025 Existing Condo Report (Japanese only; the report presents more granular information than that outlined above)
Source:
R.E. Port News (Japanese only)
