According the MLIT, the average transaction price of an apartment (including both new and old) in the first half of 2013 was 55,143,800 Yen (919,600 Yen/sqm) in Minato-ku and 35,182,100 Yen (814,200 Yen/sqm) in Shibuya-ku.Overview:
Minato-ku | Shibuya-ku | |
Average transaction price | 55,143,800 Yen | 35,182,100 Yen |
Average price per sqm | 919,600 Yen | 814,200 Yen |
Average apartment size | 55.40 sqm | 42.12 sqm |
Average building age | 13.42 years | 18.61 years |
SALE PRICE BY BUILDING AGE:
Minato-ku | Shibuya-ku | |
0 – 5 yrs | 1,284,600 Yen/sqm | 1,031,800 Yen/sqm |
6 – 10 yrs | 942,200 Yen/sqm | 938,400 Yen/sqm |
11 – 20 yrs | 924,700 Yen/sqm | 874,200 Yen/sqm |
21 – 30 yrs | 582,547 Yen/sqm | 668,700 Yen/sqm |
31 yrs + | 546,200 Yen/sqm | 542,600 Yen/sqm |
SALE PRICE BY AREA:
Minato-ku | Shibuya-ku | ||
Akasaka | 998,900 Yen/sqm | Daikanyamacho | 1,072,800 Yen/sqm |
Azabudai | 711,700 Yen/sqm | Ebisu* | 968,700 Yen/sqm |
Azabujuban | 864,200 Yen/sqm | Higashi | 892,500 Yen/sqm |
Minamiaoyama | 931,900 Yen/sqm | Hiroo | 984,500 Yen/sqm |
Minamiazabu | 997,500 Yen/sqm | Jingumae | 898,200 Yen/sqm |
Motoazabu | 1,731,100 Yen/sqm | Shibuya | 978,600 Yen/sqm |
Nishiazabu | 1,001,600 Yen/sqm | Shoto | 1,001,600 Yen/sqm |
Roppongi | 1,189,600 Yen/sqm | Yoyogi | 727,600 Yen/sqm |
*Ebisu includes Ebisuminami and Ebisunishi.
SALE PRICE BY APARTMENT TYPE:
Minato-ku | Shibuya-ku | |
Studio | 17,507,000 Yen (825,600 Yen/sqm) |
16,348,200 Yen (793,600 Yen/sqm) |
1-Bedroom | 50,785,700 Yen (974,400 Yen/sqm) |
40,405,400 Yen (858,000 Yen/sqm) |
2-Bedroom | 79,322,900 Yen (978,920 Yen/sqm) |
55,888,900 Yen (849,800 Yen/sqm) |
3-Bedroom | 112,478,260 Yen (1,036,300 Yen/sqm) |
77,333,300 Yen (880,500 Yen/sqm) |
4-Bedroom* | 295,000,000 Yen (1,483,200 Yen/sqm) |
83,500,000 Yen (562,185 Yen/sqm) |
*There were only two 4-bedroom apartment sales reported in Shibuya-ku, and two in Minato-ku.
About the data:
The data is based on actual sales that were voluntarily reported to the MLIT by buyers. Not all transactions are reported. For privacy, building names and apartment numbers are not identified.
Source: MLIT’s Land General Information Service (English page here)