Greater Tokyo existing condo sales rise for 14 straight months
- Adam German
- 1 day ago
- 2 min read
Sales of existing condominiums in the Greater Tokyo Area (GTA) continued to increase in December, marking the 14th consecutive month of year-on-year growth, according to data released by the East Japan Real Estate Information Network on January 13th.
The GTA consists of Tokyo, Chiba, Saitama and Kanagawa prefectures.
A total of 3,975 existing condominiums were sold during the month, representing a 25.9% increase compared with December last year.
Graph courtesy of East Japan Real Estate Information Network, edited by Patience Realty.
All four prefectures in the GTA recorded strong gains. Tokyo accounted for 2,096 transactions, up 23.6%, followed by Kanagawa with 960 units (+27.7%), Saitama with 484 units (+45.3%), and Chiba with 435 units (+15.4%).
Prices Continue Long-Term Uptrend
The average transaction price per square meter rose 9.0% year on year to ¥850,800, extending the upward trend to 68 consecutive months.
The average price per condo also increased for the 14th straight month, reaching ¥53.4 million, up 8.2% from a year earlier.
The average floor area of sold units declined slightly to 62.77 square meters, while the average building age increased to 27.35 years, nearly two years older than the average recorded a year earlier.
Listings Increase as Inventory Tightens
December new condominium listings to market rose 2.0% from a year earlier to 14,601 units, marking the first increase in six months.
Despite the rise in new supply, overall on-market inventory continued to contract, falling 3.6% to 43,381 units, the fifth consecutive month of decline.
Existing Single-Family Home Sales Also Surge
The resale market for existing single-family homes also posted strong growth. Transactions totaled 1,859 units, up 59.0% year on year, extending the growth streak to 14 consecutive months.
By prefecture, Tokyo recorded 544 sales (+33.7%), Kanagawa 504 units (+69.1%), Saitama 431 units (+84.2%), and Chiba 380 units (+65.2%), with all areas posting substantial increases.
The average price of transacted existing single-family homes edged down 1.0% to ¥40.56 million, ending a run of price gains but remaining above the ¥40 million level.
December new listings increased 1.5% to 5,809 units, while overall inventory rose 1.2% to 23,211 units, continuing a longer-term trend of expanding supply in the segment.
Further Reading:
December 2025 Market Watch Summary Report (Japanese only; contains more granular data than that outlined above)
Source:
R.E. Port News (Japanese only)
