Tokyo apartment asking prices in February 2017
According to Tokyo Kantei, the average asking price of a 70 sqm (753 sq ft) second-hand apartment in greater Tokyo was 35,830,000 Yen, up 0.4% from the previous month and up 6.7% from last year. The average building age was 22.5 years.
In the Tokyo metropolitan area the average asking price was 48,450,000 Yen, up 0.4% from the previous month and up 4.3% from last year. The average building age was 22.9 years.
In Tokyo’s 23 wards the average asking price was 53,280,000 Yen, up 0.2% from the previous month and up 3.2% from last year. The average building age was 22.1 years.
The average asking price in Yokohama City was 30,030,000 Yen, up 0.7% from the previous month and up 8.6% from last year. This list he first time since November 1997 that the asking price in Yokohama has exceeded 30 million Yen. The average building age was 23.8 years.
In Tokyo’s central six wards (Chiyoda, Chuo, Minato, Shinjuku, Bunkyo and Shibuya) the average asking price was 72,680,000 Yen, down 0.2% from the previous month but up 2.2% from last year. The average building age was 20.4 years.