According to REINS, a total of 3,490 second-hand apartments were reported to have sold across greater Tokyo in June, up 27% from the previous month and up 5.2% from last year. The average sale price was 33,610,000 Yen, up 1.1% from the previous month and up 1.3% from last year. The average price per square meter was 527,000 Yen, up 1.8% from the previous month and up 1.6% from last year. Thi sis the 5th month in a row to see a year-on-year increase. The average age of an apartment sold was 21.96 years.

In the Tokyo metropolitan area, 1,809 apartments had sold, up 28% from the previous month and up 8.5% from last year. This is the 5th month in a row to see a year-on-year increase in reported transactions. The average sale price was 41,510,000 Yen, up 0.7% from the previous month and up 0.6% from last year. The average price per square meter was 697,400 Yen, up 1.3% from the previous month and up 1.1% from last year. The average apartment size was 59.52sqm (640 sq.ft) and the average building age was 21.16 years.

The number of new listings dropped for the second month in a row with 1.4% fewer listings than seen in June 2018.

In the second quarter of 2019, there were 146 reported sales of apartments priced over 100 million Yen, up 13.2% from last year.

Central Tokyo's 3 wards

Central Tokyo's 3 wards of Chiyoda, Chuo and Minato had 2019 reported sales in June, up 30.6% from the previous month but down 7.1% from last year. The average sale price was 65,850,000 Yen, up 13.0% from the previous month and up 10.3% from last year. The average price per square meter was 1,140,700 Yen, up 4.6% from the previous month and up 3.3% from last year. The average apartment size was 57.73 sqm (621 sq.ft) and the average building age was 18.53 years. 

Source: REINS, Japan Property Central

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