According to Tokyo Kantei, in 2016 approximately 40% of second-hand apartments in the greater Tokyo area sold within a month of listing, and at an average discount of 3.00%. Two-thirds of apartments sold within the first three months of being listed.

Almost a third of the apartments that sold within a month of being listed sold at full asking price.

Apartment size vs. discounts and selling time

In greater Tokyo, the average discount across all apartment sizes and regardless of listing time was 8.70%.

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