Tokyo Market Intelligence
Real-time Tokyo property market data, ward performance, and Japan market trends — powered by REINS / Tokyo Metropolitan data.
Live Market Summary
Transactions Q1 2026
28,500
+7.2%Total Value (Q1)
¥1.8T
+9.5%Avg Price / sqm
¥1,050,000
+5.8%Median Deal
¥72M
+4.1%Avg Yield
3.9%
-0.1ppActive Listings
12,400
Steady supplyPricing Trends
Minato Breaking ¥1.85M/sqm
Tokyo's ultra-prime ward is extending its lead over Chiyoda and Chuo, with Q1 deals clearing above ¥1,850,000/sqm in Roppongi, Azabu and Akasaka — a new plateau for international-grade towers.
Supply Stays Measured
12,400 active listings against a wave of weak-yen international demand. Family offices, Singapore and Hong Kong buyers, and returning diaspora are absorbing stock faster than developers can replace it.
Yields Hold the Line
Tokyo's 3.9% average yield — and 4.5-5.2% in the outer wards — keeps Japan looking cheap next to Seoul, Singapore and Taipei. Sub-1% mortgages for residents make the net picture better still.
Ward Performance
| Ward | ¥/sqm | YoY Change | Txns | Yield | Segment |
|---|---|---|---|---|---|
| Shibuya | ¥1,480,000 | +7.1% | 1,640 | 3.6% | Prime |
| Minato | ¥1,850,000 | +6.8% | 1,420 | 3.4% | Ultra-Prime |
| Chiyoda | ¥1,720,000 | +6.2% | 780 | 3.3% | Ultra-Prime |
| Chuo | ¥1,610,000 | +5.9% | 1,280 | 3.5% | Ultra-Prime |
| Meguro | ¥1,250,000 | +5.8% | 1,120 | 3.8% | Prime |
| Shinjuku | ¥1,180,000 | +5.4% | 2,180 | 3.9% | Prime |
| Shinagawa | ¥980,000 | +5.2% | 1,380 | 4% | Mid |
| Bunkyo | ¥1,020,000 | +5.1% | 1,040 | 3.9% | Mid |
| Setagaya | ¥920,000 | +4.9% | 2,420 | 4.1% | Mid |
| Taito | ¥820,000 | +4.4% | 960 | 4.3% | Mid |
| Sumida | ¥720,000 | +4.1% | 1,180 | 4.6% | Affordable |
| Adachi | ¥540,000 | +3.5% | 1,340 | 5.2% | Affordable |
Dig Deeper — Tokyo Tools
Tokyo market data sourced from REINS (Real Estate Information Network), Tokyo Metropolitan Government, and Land Institute of Japan transaction trackers. Last updated: April 2026.