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What can you buy for $150,000 or less around Japan?

In this installment in the “what can you buy” series, we take a look at what you can buy around Japan for about $146,000 (¥16,000,000) or less. To put this price point in perspective, the average sales price of a... More

Why average rent for a Tokyo apartment will likely keep increasing

The average rent for an apartment in the Tokyo 23 Wards hit a new peak in October. Renters in the 23 Wards paid an average of ¥3,716 per square meter, a year-on-year increase of 5.4%. This means, for example, that... More

What can you buy for $230,000 or Less Around Japan?

In this installment in the “what can you buy” series, we take a look at what you can buy around Japan for about $230,000 (¥25,000,000) or less. To put this price point in perspective, the average sales price of a... More

Average Price of a Pre-Owned Apartment in Tokyo Hits a New High

In the first seven months of 2019, the average listing price of a pre-owned apartment in Tokyo hit a new all-time high at ¥50,270,000 ($465,600), a year-on-year increase of 2.5%. This is according to a recent report released by Tokyo... More

Japan Land Prices Grow for 2nd Consecutive Year: Concentrated in Major Cities

The average price of land in Japan climbed 0.4 % year-on-year, the second consecutive year with an uptick. This is according to the Ministry of Land, Infrastructure, Transport and Tourism (MLIT)’s Standard Land Price (基準地価, Kijun Chika) survey for 2019,... More

What can you buy for $190,000 or Less Around Japan?

In this installment in the “what can you buy” series, by popular request, we take a look at what you can buy around Japan for $190,000 (¥20,000,000) or less. To put this price point in perspective, the average sales price... More

Market Trends

What is the average sales price of a Tokyo apartment? — 2019 Mid-Year Update

The average sales price of a new apartment sold in the greater Tokyo region, as of July 2019 was ¥56,760,000 (about $533,500). The average price per square meter was ¥860,000 (about $8,091), or about $7,790 per square foot.  The greater... More