Secondhand apartment prices in March - Tokyo Kantei
According to Tokyo Kantei, the average asking price of a 70 sqm (753 sqft) second-hand apartment in Tokyo’s 23 wards was 41,480,000 Yen in March, up 0.1% from the previous month and up 5.8% from March 2013. This is the fourth month in a row to see a month-on-month increase, although the rate of growth has reduced. The average apartment age was 20.9 years, up 0.4 years from the previous month.
In central Tokyo’s six wards (Chiyoda, Chuo, Minato, Shinjuku, Bunkyo and Shibuya), the average apartment asking price was 57,220,000 Yen, up 0.7% from February and up 11.1% from last year. The average apartment age was 21.0 years, up 0.4 years from the previous month.Read more