At Home Co., Ltd.
[At Home Survey] Price trends of “newly built detached houses” in the Tokyo metropolitan area (February 2024)
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At Home Labo Co., Ltd. will discuss the price trends of newly built houses registered and published for consumers on the real estate information network of the real estate information service At Home Co., Ltd. (Headquarters: Ota-ku, Tokyo; President and CEO: Yasushi Tsurumori). (Chiyoda-ku, Tokyo, President and Representative Director: Yoshitaka Otake) was commissioned to conduct the investigation and analysis, and At Home has released this information.
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The average price of a newly built house in the Tokyo metropolitan area is 45.01 million yen. The month-on-month rate was -0.2% for the second consecutive month, and the year-on-year rate was -0.1%, the first decline in 44 months since June 2020.
Sales in lower Tokyo have declined for 6 consecutive months, and in Yokohama and Kawasaki cities for 7 consecutive months.
Although the 23 wards of Tokyo increased by 0.6% from the previous month, it remained below the same month last year for the 6th consecutive month.
-Survey overview-◆Target area
Tokyo (23 wards/downtown), Kanagawa Prefecture (Yokohama City, Kawasaki City, etc.), Saitama Prefecture (Saitama City/Others), Chiba Prefecture (Western*/Others) *Western Chiba Prefecture: Kashiwa City, Matsudo City, Nagareyama City, Abiko City, Ichikawa City, Urayasu City, Narashino City, Funabashi City
◆Target data
Newly built houses registered and published for consumers on the real estate information site At Home (ownership only, duplicate properties are unique)
◆Definition
・In this survey, the “registered price per unit (desired selling price)” of the above target data is referred to as “price.”
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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 in the Tokyo metropolitan area as a whole fell by 0.2% from the previous month, falling for the second consecutive month. In addition, the year-on-year comparison was -0.1%, falling below the same month last year for the first time in 44 months since June 2020.
By area, sales decreased from the previous month in 7 out of 8 areas. All of them have experienced consecutive declines, but the longest declines have been in Yokohama and Kawasaki for seven consecutive months, followed by six consecutive months in Tokyo. In addition, Tokyo’s 23 wards were the only ones with an increase of 0.6% compared to the previous month, but the rate was -1.0% compared to the same month last year, marking a decline for the 6th consecutive month.
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◆For more information, please download the PDF from the URL below. https://athome-inc.jp/news/data/market/shinchiku-kodate-kakaku-202402/ More details about this release:
https://prtimes.jp/main/html/rd/p/000000451.000051123.html