As of August 2026, the average price for used condominiums in Tokyo's 23 wards reached 12,677,000 yen, marking a decline for the third consecutive month. This trend particularly affects the central areas, where the number of properties for sale and the rate of price adjustments by sellers have been notably negative.

For international residents, this scenario presents both opportunities and risks. The price drop may attract foreign buyers looking for investment, but it poses challenges for current owners considering selling their properties in a shrinking market.

It will be essential to monitor how the used condominium market in Tokyo evolves in the coming months, as changes in the central areas can become focal points for international buyers and investors.