On this put up we rank Japan’s 47 prefectures by the common itemizing value for a re-sale residence.
Listed below are the important thing takeaways up to now for 2022, based mostly on the most recent itemizing knowledge from March:
Right here is the High 10 rating of prefectures the place common itemizing costs rose probably the most in share phrases:
Within the desk under, we rank the typical value of a 70-sqm (753-sqft) re-sale residence in Japan by prefecture, based mostly on precise itemizing costs as of March 2022 and present share change versus the typical itemizing value in February 2022 and year-on-year.
The final column reveals the worth distinction in every prefecture as a share of the Tokyo common, which is the best in Japan, at ¥62,510,000 ($480,846 USD)
The prefectures surrounding Tokyo (Kanagawa, Saitama, and Chiba), typically thought of part of the higher Tokyo area have common costs which can be between 44% and 61% of the Tokyo common, with Kanagawa having the best common itemizing costs of the three surrounding prefectures and Chiba the bottom.
Kanagawa and Okinawa, ranked 2nd and third, are about 45% cheaper than Tokyo. Tokushima, situated on the island of Shikoku, is the least costly, with a mean itemizing value that’s 20.8% of the Tokyo common. Knowledge supply: Tokyo Kantei
Lead picture: Japan, Gifu Prefecture – April, 2019: Streets and conventional Japanese homes within the little city Magome on Nakasendo path through iStock 1353073047 Credit:Vera Duchovskaja
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