On November 26, the Japanese real estate portal At home released data on average advertised prices for new independent homes in the Greater Tokyo Area (GTA) for October 2021.
The GTA consists of the prefectures of Tokyo, Kanagawa, Saitama and Chiba.
Average advertised prices were those quoted by home builders when they advertised on the real estate portal and do not reflect actual selling prices.
The numbers below are averages intended to illustrate trends and do not represent actual prices specific to a property.
Always consult a real estate professional when appraising a specific property in specific areas.
The average announced price in the GTA for new independent homes reached 40.96 million yen, up 0.9% month-on-month (MoM).
AtHome further divides GTA into eight different averages. pricing regions.
By area, the 23 districts of Tokyo recorded an average. announced price of 59.94 million yen (up 0.7% mo). Average of Tokyo’s non-23 wards price recorded at 43.85 million yen (up 1.5% MoM).
Yokohama City and Kawasaki City in Kanagawa Prefecture recorded an average. 46.68 million yen (+ 0.1% MoM), with other Kanagawa cities recording an average. price of 39.45 million yen (up 1.0% mo).
Saitama city in Saitama prefecture recorded 41.48 million yen (up 0.4 percent month-on-month), and other cities in Saitama recorded an average. price of 33.99 million yen (up 1.4% MoM),
West Chiba Prefecture was up with an average. price of 38.54 million yen (up 1.0% MoM) with other cities in Chiba recording an average. price of 29.22 million yen (+ 0.6% MoM)
All eight regions recorded increases from the previous month, with regions measured in Tokyo, Saitama and Kanagawa prefectures as well as western Chiba recording the highest average. prices announced for new independent houses since January 2017.
AtHome Average GTA New Detached Home Price Report in GTA for October 2021 (Japanese only; November 2021)