According to REINS, 2,543 second-hand apartments were sold across greater Tokyo in December, down 1.4% from the previous month but up 1.8% from 2014. The average apartment sale price was 28,640,000 Yen, down 1.8% from the previous month but up 0.6% from 2014. The average price per square meter was 454,400 Yen, down 1.2% from the previous month but up 1.3% from 2014. The average building age was 21.29 years (1.44 years older than the average in December 2014).

In the Tokyo metropolitan area 1,287 second-hand apartments were sold, down 14.2% from the previous month but up 3.0% from 2014. The average sale price was 35,770,000 Yen, down 1.0% from the previous month but up 2.0% from 2014. The average price per square meter was 610,100 Yen, down 1.5% from the previous month but up 2.8% from 2014. The average building age was 20.00 years (1.07 years old than the average in December 2014).

Central Tokyo’s 3 wards

In central Tokyo’s 3 wards (Chiyoda, Chuo and Minato), 158 apartments were sold, down 15.1% from the previous month but up 3.9% from 2014. The average sale price was 53,550,000 Yen, down 0.4% from the previous month and down 6.6% from 2014. The average price per square meter was 968,300 Yen, down 3.7% from the previous month and down 3.0% from 2014.

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