Tokyo — Meguro Ward — property transactions and local prices

Based on published MLIT transaction data, Tokyo — Meguro 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: 319 records

Median sale price
JPY 120,000,000
Median price per m²
JPY 1,200,000/㎡

Valid prices: 319 records/Valid unit prices: 319 records

Land and building

Transactions: 502 records

Median sale price
JPY 150,000,000
Median price per m²
—

Valid prices: 502 records/Valid unit prices: 0 records

Condominium

Transactions: 1,031 records

Median sale price
JPY 56,000,000
Median price per m²
—

Valid prices: 1031 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 112 records/JPY 1,300,000/㎡ 154 records/— 319 records/—
2024 112 records/JPY 1,200,000/㎡ 176 records/— 376 records/—
2023 95 records/JPY 1,100,000/㎡ 172 records/— 336 records/—
2022 90 records/JPY 1,100,000/㎡ 168 records/— 429 records/—
2021 116 records/JPY 970,000/㎡ 160 records/— 394 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 825,000/㎡ (Valid: 94 records)
2017
JPY 845,000/㎡ (Valid: 106 records)
2018
JPY 820,000/㎡ (Valid: 95 records)
2019
JPY 850,000/㎡ (Valid: 118 records)
2020
JPY 840,000/㎡ (Valid: 108 records)
2021
JPY 970,000/㎡ (Valid: 116 records)
2022
JPY 1,100,000/㎡ (Valid: 90 records)
2023
JPY 1,100,000/㎡ (Valid: 95 records)
2024
JPY 1,200,000/㎡ (Valid: 112 records)
2025
JPY 1,300,000/㎡ (Valid: 112 records)

Land and building: — median sale price

2016
JPY 89,000,000 (Valid: 174 records)
2017
JPY 86,000,000 (Valid: 167 records)
2018
JPY 99,500,000 (Valid: 156 records)
2019
JPY 92,000,000 (Valid: 155 records)
2020
JPY 100,000,000 (Valid: 150 records)
2021
JPY 120,000,000 (Valid: 160 records)
2022
JPY 120,000,000 (Valid: 168 records)
2023
JPY 140,000,000 (Valid: 172 records)
2024
JPY 130,000,000 (Valid: 176 records)
2025
JPY 170,000,000 (Valid: 154 records)

Condominium: — median sale price

2016
JPY 38,500,000 (Valid: 364 records)
2017
JPY 36,000,000 (Valid: 333 records)
2018
JPY 39,500,000 (Valid: 350 records)
2019
JPY 38,000,000 (Valid: 351 records)
2020
JPY 40,000,000 (Valid: 350 records)
2021
JPY 49,000,000 (Valid: 394 records)
2022
JPY 48,000,000 (Valid: 429 records)
2023
JPY 54,000,000 (Valid: 336 records)
2024
JPY 55,000,000 (Valid: 376 records)
2025
JPY 58,000,000 (Valid: 319 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.