Tokyo area existing condo trades mark 15 straight months of growth in January 2026
- Adam German
- 1 day ago
- 2 min read
On February 10th, the Real Estate Information Network for East Japan (REINS) released its report on real estate market trends in the Greater Tokyo Area (GTA) for January 2026, showing continued momentum in existing condominium sales.
Existing condominium transactions rose 3.1% year-on-year to 3,343 units, extending the growth streak to 15 months.
Chart provided by REINS, edited by Patience Realty.
By GTA prefecture, Tokyo recorded 1,752 transactions (down 0.4%), Saitama 397 (up 9.4%), Chiba 355 (down 3.0%), and Kanagawa 839 (up 11.3%).
In Kanagawa, transactions increased 8.8% in Yokohama and Kawasaki and surged 17.9% in other areas.
Prices continued their long-running climb. The average transaction price per square meter rose 6.3% from a year earlier to ¥869,900, marking 69 consecutive months of growth dating back to May 2020.
The average price per unit increased 6.7% to ¥54.93 million, continuing a 15-month rise.
The average unit size edged up 0.5% to 63.15 square meters. The average building age reached 26.78 years, 1.05 years older than a year earlier.
Supply conditions were mixed. New listings increased 0.4% year-on-year to 15,514, rising for the second consecutive month while overall on-market inventory fell 1.5% to 44,776 units, declining for the sixth straight month compared with the previous year.
Existing single-family homes (SFH) house transactions climbed 17.0% year-on-year to 1,496 units, extending their growth streak to 15 months with sustained double-digit gains.
By prefecture, transactions rose 11.9% in Tokyo (453 deals), 30.5% in Saitama (351), 15.8% in Chiba (307), and 13.2% in Kanagawa (385).
The average transaction price for existing SFH rose 7.1% to ¥40.56 million, the third straight month above ¥40 million.
New SFH listings increased 2.1% to 6,361, while inventory edged up 0.4% to 23,539 units, extending a modest but steady rise for the 41st consecutive month.
Further Reading:
January 2026 Greater Tokyo Area Existing Condo & SFH Transaction Report (Japanese only; offers more detailed information than that offered above)
Source:
R.E. Port News (Japanese only)
