Real Estate Sales

The December Report was publish on January 16, 2025 for the real estate sales for the month of December 2024. The data includes the average price per square meter for listings in the Kansai region in one data set. The Kansai region includes Wakayama, Osaka, Nara, Hyogo, Kyoto, and Shiga Prefectures.

Data for Real Estate Sales will not included new construction.

The Data will be Broken Down into Three Categories:

1. Condominium Sales
2. House Sales
3. Land Sales

Sub categories will include units sold and the number of new listings to hit the market.

１．Condominium Sales
Kansai Region

Units Sold

December 2024: ¥467,600 per square meter a total of 1,392 units sold
December 2023: ¥443,600 per square meter a total of 1,304 units sold
Year-over-year change of 5.4% per square meter
Month-to-month change of 6.4% per square meter (November to December)

December 2024: ¥32,020,000 average price
December 2023: ¥30,090,000 average price
Year-over-year change of 6.4%
Month-to-month change of 7.6% (November to December)
Average Floor Area: 68.48m²
Average Age: 26.11 years

New Properties Listed

December 2024: ¥472,100 per square meter a total of 5,131 units listed
December 2023: ¥448,900 per square meter a total of 5,081 units listed
Year-over-year change of 5.1% per square meter
Month-to-month change of 1.1% per square meter (November to December)

Total Inventory

December 2024: 20,997 total units at ¥447,700 per square meter
December 2023: 20,009 total units at ¥429,700 per square meter
Year-over-year change of 4.2% per square meter
Month-to-month change of -0.3% per square meter (November to December)
Total Inventory year over year change: 4.9%

Osaka City

Units Sold

December 2024: ¥696,300 per square meter a total of 401 units sold
December 2023: ¥623,500 per square meter a total of 401 units sold
Year-over-year change of 11.7% per square meter
Month-to-month change of6.3% per square meter (November to December)

December 2024: ¥43,340,000 average price
December 2023: ¥38,830,000 average price
Year-over-year change of 11.6%
Month-to-month change of 8.4% (November to December)
Average Floor Area: 62.24m²
Average Age: 23.05 years

New Properties Listed

December 2024: ¥697,000 per square meter a total of 1,593 units listed
December 2023: ¥626,100 per square meter a total of 1,630 units listed
Year-over-year change of 11.3% per square meter
Month-to-month change of -1.2% per square meter (November to December)

December 2024: ¥37,150,000 average price
December 2023: ¥34,760,000 average price
Year-over-year change of 6.9%
Month-to-month change of -3.1% (November to December)
Average Floor Area: 53.30m²
Average Age: 26.08 years

Northern Osaka (Hokusetsu Area)

Units Sold

December 2024: ¥451,300 per square meter a total of 175 units sold
December 2023: ¥409,900 per square meter a total of 144 units sold
Year-over-year change of 10.1% per square meter
Month-to-month change of 3.2% per square meter (November to December)

December 2024: ¥33,850,000 average price
December 2023: ¥29,330,000 average price
Year-over-year change of 15.4%
Month-to-month change of 3.8% (November to December)
Average Floor Area: 75.00m²
Average Age: 26.10 year

New Properties Listed

December 2024: ¥403,100 per square meter a total of 540 units listed
December 2023: ¥414,600 per square meter a total of 468 units listed
Year-over-year change of -2.8% per square meter
Month-to-month change of -1.6% per square meter (November to December)

December 2024: ¥29,260,000 average price
December 2023: ¥30,510,000 average price
Year-over-year change of -4.1%
Month-to-month change of -1.4% (November to December)
Average Floor Area: 72.59m²
Average Age: 34.05 years

２．House Sales (Detached Homes)
Kansai Region

Homes Sold

December 2024: average price of ¥22,690,000 for a total of 955 homes sold
December 2023: average price of ¥22,710,000 for a total of 982 homes sold
Year-over-year change of -0.1% (average price)
Month-to-month change of -0.9%  (average price from November to December)

Average Land Area: 136.26m²
Average Building Area: 107.10m²
Average Age: 29.04 years

New Homes Listed

December 2024: average price of ¥27,500,000 for a total of 3,804 homes listed
December 2023: average price of ¥26,920,000 for a total of 3,745 homes listed
Year-over-year change of 2.3% (average price)
Month-to-month change of -0.1%  (average price from November to December)

Average Land Area: 140.86m²
Average Building Area: 111.01m²
Average Age: 29.06 years

Total Inventory

December 2024: average price of ¥26,360,000 for a total of 18,108 homes
December 2023: average price of ¥26,510,000 for a total of 15,516 homes
Year-over-year change of -9.6% (average price)
Month-to-month change of 1.5%  (average price from November to December)
Total Inventory year over year change: 16.7%

Average Land Area: 142.60m²
Average Building Area: 110.51m²
Average Age: 30.05 years

Northern Osaka (Hokusetsu Area)

Homes Sold

December 2024: average price of ¥34,830,000 for a total of 78 homes sold
December 2023: average price of ¥29,750,000 for a total of 69 homes sold
Year-over-year change of 17.1% (average price)
Month-to-month change of -0.2%  (average price from November to December)

Average Land Area: 124.40m²
Average Building Area: 113.01m²
Average Age: 26.08 years

New Properties Listed

December 2024: average price of ¥39,840,000 for a total of 229 homes listed
December 2023: average price of ¥38,300,000 for a total of 237 homes listed
Year-over-year change of 4.0% (average price)
Month-to-month change of 1.2%  (average price from November to December)

Average Land Area: 133.24m²
Average Building Area: 117.19m²
Average Age: 26.01 years

３．Land Sales
Kansai Region

Lots Sold

December 2024: average price per square meter of ¥157,300 for a total of 565 lots sold
December 2023: average price per square meter of ¥154,000 for a total of 565 lots sold
Year-over-year change of 2.2% price per square meter
Month-to-month change of -1.5%  price per square meter (November to December)

December 2024: ¥25,380,000 average price
December 2023: ¥24,570,000 average price
Year-over-year change of 3.3%
Month-to-month change of -1.1% (November to December)
Average Land Area: 161.37m²

New Lots Listed

December 2024: average price per square meter of ¥155,200 for a total of 2,802 lots listed
December 2023: average price per square meter of ¥158,000 for a total of 2,618 lots listed
Year-over-year change of -1.8% price per square meter
Month-to-month change of -3.0%  price per square meter (November to December)

December 2024: ¥24,960,000 average price
December 2023: ¥25,290,000 average price
Year-over-year change of -1.3%
Month-to-month change of -1.5% (November to December)
Average Land Area: 160.84m²

Total Inventory

December 2024: 16,335 total lots at ¥121,800 per square meter
December 2023: 15,234 total lots at ¥122,900 per square meter
Year-over-year change of -0.9% per square meter
Month-to-month change of -0.1% per square meter (November to December)
Total Inventory year over year change: 7.2%

December 2024: ¥20,440,000 average price
December 2023: ¥20,640,000 average price
Year-over-year change of -1.0%
Month-to-month change of 0.1% (November to December)
Average Land Area: 167.81m²

Northern Osaka (Hokusetsu Area)

Lots Sold

December 2024: average price per square meter of ¥281,5000 for a total of 51 lots sold
December 2023: average price per square meter of ¥225,400 for a total of 61 lots sold
Year-over-year change of 24.9% price per square meter
Month-to-month change of 19.5%  price per square meter (November to December)

December 2024: ¥39,540,000 average price
December 2023: ¥35,480,000 average price
Year-over-year change of 11.5%
Month-to-month change of 11.1% (November to December)
Average Land Area: 140.47m²

New Properties Listed

December 2024: average price per square meter of ¥260,700 for a total of 210 lots listed
December 2023: average price per square meter of ¥263,700 for a total of 204 lots listed
Year-over-year change of -1.2% price per square meter
Month-to-month change of -5.7%  price per square meter (October to November)

November 2024: ¥39,000,000 average price
November 2023: ¥38,660,000 average price
Year-over-year change of 0.9%
Month-to-month change of 2.8% (October to November)
Average Land Area: 149.60m²

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Email: info@remax-apex.com

For the original data in Japanese click here → Kinki REINS