At Home Co., Ltd.
[At Home Survey] Price trends of “used condominiums” in the Tokyo metropolitan area (February 2024)
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At Home Labo Co., Ltd. (Headquarters: Ota-ku, Tokyo, President and CEO: Yasushi Tsurumori), a real estate information service, has an overview of the price trends of used condominiums registered and published for consumers on its real estate information network. At Home has entrusted the investigation and analysis to Yoshitaka Otake (Chiyoda-ku, Tokyo, President and Representative Director), and the results are published by At Home.
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The average price per used condominium in the Tokyo metropolitan area was 38.89 million yen, an increase of 0.6% from the previous month for the first time in two months. Compared to the same month last year, sales fell for four consecutive months.
Sales in western Chiba Prefecture have declined month-on-month for eight consecutive months.
Tokyo’s 23 wards have updated their highest prices since January 2017 for seven consecutive months.
-Survey overview-◆Target area Tokyo (23 wards/downtown), Kanagawa prefecture (Yokohama city/Kawasaki city/etc.), Saitama prefecture (Saitama city/etc.), Chiba prefecture (western part*/etc.) *Western part of Chiba prefecture : Kashiwa City, Matsudo City, Nagareyama City, Abiko City, Ichikawa City, Urayasu City, Narashino City, Funabashi City )◆Definition – In this survey, the “registered price per unit (desired selling price)” of the above target data is referred to as “price.”・The comments indicate that spaces under 30 square meters are “suitable for singles,” spaces between 30 square meters and 50 square meters are “suitable for couples,” spaces between 50 square meters and 70 square meters are “suitable for families,” and spaces over 70 square meters are “suitable for large families.”
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Average price in 8 areas in the metropolitan area (compared to the same month last year, index trends)
The average price per unit in the Tokyo metropolitan area increased by 0.6% from the previous month for the first time in two months, but compared to the same month last year it fell for the fourth
consecutive month.
By area, prices in five areas, including western Chiba Prefecture, which has been in decline for eight consecutive months, decreased from the previous month, while prices in Tokyo’s 23 wards, Chiba
Prefecture, and other areas reached their highest levels since January 2017. Price trends differ by area. It was observed.
Furthermore, Tokyo’s 23 wards recorded the highest amount for seven consecutive months, but the rate of increase compared to the same month last year also increased for five consecutive months, and the difference from the previous year was 2.2 million yen, once again exceeding 2 million yen.
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◆For more information, please download the PDF from the URL below. https://athome-inc.jp/news/data/market/chuuko-mansion-202402/ More details about this release:
https://prtimes.jp/main/html/rd/p/000000450.000051123.html