In August 2026, the average price for used condominiums in Tokyo's 23 wards reached 12.67 million yen, reflecting a decrease of 0.4% from the previous month. This decline marks a concerning trend for international residents and potential investors navigating the Tokyo real estate landscape.

Particularly in central Tokyo, there has been an uptick in the share of price revisions and rate of discounts, indicating a shift in market dynamics. International residents may find themselves adapting to these changes as they seek suitable housing options in a market characterized by decreasing prices and a low volume of available listings.