Real Estate Sales

The December Report was publish on December 10, 2024 for the real estate sales for the month of November 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

November 2024: ¥439,600 per square meter a total of 1,510 units sold
November 2023: ¥439,400 per square meter a total of 1,360 units sold
Year-over-year change of 0.1% per square meter
Month-to-month change of -1.7% per square meter (October to November)

November 2024: ¥29,750,000 average price
November 2023: ¥29,830,000 average price
Year-over-year change of -0.3%
Month-to-month change of -2.5% (October to November)
Average Floor Area: 67.68m²
Average Age: 27.07 years

New Properties Listed

November 2024: ¥466,900 per square meter a total of 5,746 units listed
November 2023: ¥436,200 per square meter a total of 5,310 units listed
Year-over-year change of 7.0% per square meter
Month-to-month change of -0.7% per square meter (October to November)

Total Inventory

November 2024: 21,400 total units at ¥449,000 per square meter
November 2023: 19,946 total units at ¥427,800 per square meter
Year-over-year change of 5.0% per square meter
Month-to-month change of 1.3% per square meter (October to November)
Total Inventory year over year change: 7.3%

Osaka City

Units Sold

November 2024: ¥655,100 per square meter a total of 408 units sold
November 2023: ¥617,000 per square meter a total of 428 units sold
Year-over-year change of 6.2% per square meter
Month-to-month change of 2.2% per square meter (October to November)

November 2024: ¥39,980,000 average price
November 2023: ¥38,520,000 average price
Year-over-year change of 3.8%
Month-to-month change of 2.2% (October to November)
Average Floor Area: 61.04m²
Average Age: 24.04 years

New Properties Listed

November 2024: ¥705,700 per square meter a total of 1,870 units listed
November 2023: ¥606,900 per square meter a total of 1,643 units listed
Year-over-year change of 16.3% per square meter
Month-to-month change of -4.7% per square meter (October to November)

November 2024: ¥38,350,000 average price
November 2023: ¥32,540,000 average price
Year-over-year change of 17.8%
Month-to-month change of -3.0% (October to November)
Average Floor Area: 54.34m²
Average Age: 26.05 years

Northern Osaka (Hokusetsu Area)

Units Sold

November 2024: ¥437,300 per square meter a total of 172 units sold
November 2023: ¥418,900 per square meter a total of 170 units sold
Year-over-year change of 4.4% per square meter
Month-to-month change of 0.3% per square meter (October to November)

November 2024: ¥32,610,000 average price
November 2023: ¥30,570,000 average price
Year-over-year change of 6.7%
Month-to-month change of 0.8% (October to November)
Average Floor Area: 74.57m²
Average Age: 29.02 year

New Properties Listed

November 2024: ¥409,600 per square meter a total of 535 units listed
November 2023: ¥402,900 per square meter a total of 508 units listed
Year-over-year change of 1.7% per square meter
Month-to-month change of -0.9% per square meter (October to November)

November 2024: ¥29,680,000 average price
November 2023: ¥29,380,000 average price
Year-over-year change of 1.0%
Month-to-month change of -2.4% (October to November)
Average Floor Area: 72.47m²
Average Age: 34.09 years

２．House Sales (Detached Homes)
Kansai Region

Homes Sold

November 2024: average price of ¥22,890,000 for a total of 1,110 homes sold
November 2023: average price of ¥22,910,000 for a total of 908 homes sold
Year-over-year change of -0.1% (average price)
Month-to-month change of -4.5%  (average price from October to November)

Average Land Area: 136.53m²
Average Building Area: 107.79m²
Average Age: 27.11 years

New Homes Listed

November 2024: average price of ¥27,530,000 for a total of 4,401 homes listed
November 2023: average price of ¥27,180,000 for a total of 3,745 homes listed
Year-over-year change of 1.3% (average price)
Month-to-month change of 2.2%  (average price from October to November)

Average Land Area: 138.52m²
Average Building Area: 110.39m²
Average Age: 29.05 years

Total Inventory

November 2024: average price of ¥25,960,000 for a total of 18,105 homes
November 2023: average price of ¥26,560,000 for a total of 15,401 homes
Year-over-year change of -2.2% (average price)
Month-to-month change of 0.5%  (average price from October to November)
Total Inventory year over year change: 17.6%

Average Land Area: 142.05m²
Average Building Area: 109.94m²
Average Age: 30.05 years

Northern Osaka (Hokusetsu Area)

Homes Sold

November 2024: average price of ¥34,910,000 for a total of 86 homes sold
November 2023: average price of ¥38,440,000 for a total of 60 homes sold
Year-over-year change of -9.2% (average price)
Month-to-month change of -9.7%  (average price from October to November)

Average Land Area: 136.05m²
Average Building Area: 113.56m²
Average Age: 23.04 years

New Properties Listed

November 2024: average price of ¥39,360,000 for a total of 262 homes listed
November 2023: average price of ¥36,670,000 for a total of 248 homes listed
Year-over-year change of 7.3% (average price)
Month-to-month change of -2.6%  (average price from October to November)

Average Land Area: 133.59m²
Average Building Area: 116.83m²
Average Age: 25.11 years

３．Land Sales
Kansai Region

Lots Sold

November 2024: average price per square meter of ¥159,700 for a total of 668 lots sold
November 2023: average price per square meter of ¥146,800 for a total of 537 lots sold
Year-over-year change of 8.7% price per square meter
Month-to-month change of -1.5%  price per square meter (October to November)

November 2024: ¥25,660,000 average price
November 2023: ¥22,840,000 average price
Year-over-year change of 12.4%
Month-to-month change of -0.3% (October to November)
Average Land Area: 160.70m²

New Lots Listed

November 2024: average price per square meter of ¥160,000 for a total of 3,139 lots listed
November 2023: average price per square meter of ¥163,300 for a total of 2,945 lots listed
Year-over-year change of -2.0% price per square meter
Month-to-month change of 0.5%  price per square meter (October to November)

November 2024: ¥25,330,000 average price
November 2023: ¥25,850,000 average price
Year-over-year change of -2.0%
Month-to-month change of -0.7% (October to November)
Average Land Area: 158.30m²

Total Inventory

November 2024: 16,424 total lots at ¥121,900 per square meter
November 2023: 15,324 total lots at ¥122,800 per square meter
Year-over-year change of -0.8% per square meter
Month-to-month change of 0.1% per square meter (October to November)
Total Inventory year over year change: 7.2%

November 2024: ¥20,420,000 average price
November 2023: ¥20,580,000 average price
Year-over-year change of -0.8%
Month-to-month change of 0.1% (October to November)
Average Land Area: 167.52m²

Northern Osaka (Hokusetsu Area)

Lots Sold

November 2024: average price per square meter of ¥235,700 for a total of 59 lots sold
November 2023: average price per square meter of ¥250,900 for a total of 51 lots sold
Year-over-year change of -6.1% price per square meter
Month-to-month change of 4.5%  price per square meter (October to November)

November 2024: ¥35,600,000 average price
November 2023: ¥33,210,000 average price
Year-over-year change of 7.2%
Month-to-month change of 13.7% (October to November)
Average Land Area: 151.06m²

New Properties Listed

November 2024: average price per square meter of ¥276,400 for a total of 270 lots listed
November 2023: average price per square meter of ¥257,400 for a total of 218 lots listed
Year-over-year change of 7.4% price per square meter
Month-to-month change of 1.1%  price per square meter (October to November)

November 2024: ¥37,950,000 average price
November 2023: ¥35,580,000 average price
Year-over-year change of 6.7%
Month-to-month change of 5.4% (October to November)
Average Land Area: 137.31m²

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Email: info@remax-apex.com

For the original data in Japanese click here → Kinki REINS