Greater Tokyo existing property transactions rise for thirteenth straight month in November 2025
- Adam German
- 2 days ago
- 2 min read
On December 10th, the East Japan Real Estate Information Network (REINS) released their November 2025 market trend report for the Greater Tokyo Area (GTA) existing property sector.
The GTA consists of Tokyo, Kanagawa, Chiba and Saitama prefectures. All figures are presented as averages to illustrate trends and in no way offer price guarantees. Real estate is a hyper-local venture so always consult a licensed realtor for your property specific needs.
Existing condo transactions versus inventory YoY historical chart courtesy of REINS, edited by Patience Realty.
According to REINS, GTA existing condominium November transactions in the region totaled 4,435 transactions in November; a 38.3% increase year-on-year (YoY).
This marks the 13th consecutive month of YoY growth, with monthly gains consistently ranging between 19% and 54% since January 2025.
Every prefecture posted significant gains: Saitama led with a 67.4% increase (554 units), followed by Kanagawa (+51.8%, 1,114 units), Chiba (+44.4%, 537 units), and Tokyo (+26.0%, 2,230 units).
Price growth also continued. The average contract price per square meter for existing units rose 3.5% year-on-year to ¥822,200, extending an uninterrupted growth streak of 67 months dating back to May 2020.
The average unit price climbed 3.6% to ¥52.04 million, rising for the 13th straight month.
While the average unit size remained essentially flat at 63.29 square meters (+0.1%), the average building age of contracted units increased by 1.80 years to 27.02 years.
On the supply side, new condo listings fell 5.4% to 14,673, the fifth consecutive monthly decline. Total inventory also dropped 5.5% year-on-year to 43,156 units, remaining below year-earlier levels for the fourth straight month.
Existing single-family home (SFH) transactions versus inventory YoY historical chart courtesy of REINS, edited by Patience Realty.
GTA existing single-family home transactions reached 1,932, surging 53.1% YoY.
Like the condo market, this sector has seen 13 consecutive months of growth. Notably, year-on-year increases have exceeded 30% for 11 straight months since January, with gains surpassing 50% in the last four months.
All GTA prefectures recorded strong performance, with Kanagawa (+60.3%) and Saitama (+56.2%) leading the charge, followed by Chiba (+53.1%) and Tokyo (+45.5%).
The average contract price for existing single-family homes rose 2.7% to ¥40.02 million. This marks the second straight month of increases and the first time prices have returned to the ¥40 million range since March.
November new listings dipped slightly by 0.7% to 6,360 - the first decrease in 35 months - while total on-market inventory rose 3.2% to 23,523 units, marking 39 consecutive months of year-on-year accumulation.
Further Reading:
East Japan Real Estate Information Network November 2025 Market Watch Report (Japanese only; offers more granular data then that outlined above)
Source:
R.E. Port News (Japanese only)
