Trends in Used Condominium Prices and Market Volume in Tokyo's 23 Wards

In August 2026, the average price of used condominiums in Tokyo's 23 wards saw a decline for three consecutive months, with a decrease in property circulation as well.

According to data from August 2026, the average price of used condominiums in Tokyo's 23 wards stands at 12,677,000 yen, reflecting a 0.4% decrease from the previous month. The central areas of Tokyo are particularly affected, with a reduction in property circulation and negative trends in price updates and discount rates.

These developments suggest a tightening domestic market influenced by international factors, presenting challenges for foreign investors and residents. With the ongoing downturn in prices, stakeholders must remain vigilant about future market dynamics and opportunities.

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