Tokyo — Minato Ward — property transactions and local prices

Based on published MLIT transaction data, Tokyo — Minato Ward transaction statistics are summarized below.

Period: 2021〜2025(Five recent completed years of published data)

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Compare two municipalities in the same prefecture using the same period and property type.

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Median transaction prices over the past three completed years

2023〜2025 transactions are used for this calculation. The period differs from the five-year comparison.

Land

Transactions: 101 records

Median sale price
JPY 370,000,000
Median price per m²
JPY 3,000,000/㎡

Valid prices: 101 records/Valid unit prices: 101 records

Land and building

Transactions: 300 records

Median sale price
JPY 500,000,000
Median price per m²
—

Valid prices: 300 records/Valid unit prices: 0 records

Condominium

Transactions: 2,292 records

Median sale price
JPY 83,000,000
Median price per m²
—

Valid prices: 2292 records/Valid unit prices: 0 records

Transaction history for five completed years

Compare yearly transaction counts and median reported unit prices by property type over the five most recent completed years. Categories are calculated separately.

YearLand (records / price per m²)Land and building (records / price per m²)Condominium (records / price per m²)
2025 39 records/JPY 3,700,000/㎡ 100 records/— 684 records/—
2024 34 records/JPY 2,700,000/㎡ 106 records/— 795 records/—
2023 28 records/JPY 2,850,000/㎡ 94 records/— 813 records/—
2022 32 records/JPY 2,250,000/㎡ 103 records/— 865 records/—
2021 28 records/JPY 2,250,000/㎡ 78 records/— 850 records/—

Transaction price trends over ten years

The land series uses median published price per square metre; the land-and-building and condominium series use median total sale price. Different categories and units are not combined. These are not repeat-sale price indices.

Land: — median price per m²

2016
JPY 1,400,000/㎡ (Valid: 34 records)
2017
JPY 1,600,000/㎡ (Valid: 47 records)
2018
JPY 2,100,000/㎡ (Valid: 32 records)
2019
JPY 1,800,000/㎡ (Valid: 21 records)
2020
JPY 1,800,000/㎡ (Valid: 31 records)
2021
JPY 2,250,000/㎡ (Valid: 28 records)
2022
JPY 2,250,000/㎡ (Valid: 32 records)
2023
JPY 2,850,000/㎡ (Valid: 28 records)
2024
JPY 2,700,000/㎡ (Valid: 34 records)
2025
JPY 3,700,000/㎡ (Valid: 39 records)

Land and building: — median sale price

2016
JPY 275,000,000 (Valid: 126 records)
2017
JPY 355,000,000 (Valid: 128 records)
2018
JPY 340,000,000 (Valid: 103 records)
2019
JPY 250,000,000 (Valid: 99 records)
2020
JPY 360,000,000 (Valid: 73 records)
2021
JPY 440,000,000 (Valid: 78 records)
2022
JPY 400,000,000 (Valid: 103 records)
2023
JPY 360,000,000 (Valid: 94 records)
2024
JPY 480,000,000 (Valid: 106 records)
2025
JPY 615,000,000 (Valid: 100 records)

Condominium: — median sale price

2016
JPY 44,000,000 (Valid: 848 records)
2017
JPY 49,000,000 (Valid: 786 records)
2018
JPY 46,000,000 (Valid: 791 records)
2019
JPY 50,000,000 (Valid: 798 records)
2020
JPY 49,000,000 (Valid: 825 records)
2021
JPY 58,000,000 (Valid: 850 records)
2022
JPY 57,000,000 (Valid: 865 records)
2023
JPY 68,000,000 (Valid: 813 records)
2024
JPY 86,000,000 (Valid: 795 records)
2025
JPY 90,000,000 (Valid: 684 records)

Explore transactions by year

Sources and methodology

Source: MLIT Real Estate Information Library property transaction data. We filter the data by category and independently calculate medians and transaction counts.

The median is the central observation when sorted by price (or the mean of the two central observations for even-sized samples). The reference periods differ for market-level figures, transaction history and price trends.

Total transaction prices and published unit prices are summarized separately. Figures are not appraisals of individual properties and may change as the source data is updated.Data update information · Disclaimer for more details.