Annual change in residential land price of Tokyo Metropolis 2015-2024, by area

Published by Statista Research Department, Apr 5, 2024

In 2024, official residential land prices in the Central Area of Tokyo Metropolis rose at a rate of 7.1 percent compared to the previous year. This was the highest growth rate of residential land prices in Central Tokyo in the past decade.

Annual growth rate of the official residential land price in Tokyo Prefecture in Japan from 2015 to 2024, by area

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Release date

March 2024

Region

Japan

Survey time period

2015 to 2024; as of January 1 each year

Supplementary notes

Tokyo Central Area consists of Chiyoda, Chuo, Minato, Shinjuku, Bunkyo, Taito, Shibuya, and Toshima.
Tokyo Southwest Area consists of Shinagawa, Meguro, Ota, Setagaya, Nakano, Suginami, and Nerima.
Tokyo Northeast Area consists of Sumida, Koto, Kita, Arakawa, Itabashi, Adachi, Katsushika, and Edogawa.

Figures prior to 2023 are from previous reports.

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