As of August 2026, the average price of used condominiums in Tokyo's 23 wards has dropped to 12.67 million yen, marking a three-month consecutive decline. This figure reflects the lowest price level in 28 months, with significant decreases noted in transaction volumes and price adjustment shares.

The central Tokyo areas are particularly affected, where a reduction in circulation numbers and an increased rate of price reductions are causing concern among international investors. These fluctuations in pricing present critical insights for foreign investors looking for new opportunities within the Tokyo real estate landscape.