Sejong City’s new apartment building (a complex within five years of moving in) recorded the first place in the rate of increase in house prices based on actual transaction prices this year. Sejong City has the highest rate of increase at 38.1%, regardless of the year of occupancy, and the key axis of the increase in house prices this year was concentrated in Sejong City.
As a result of analyzing the actual transaction price of apartments with 30 or more households based on the year of occupancy on the 27th, the average sale price per 3.3㎡ of newly built apartments in Sejong City was 19.10 million won, 46.6% from the previous year (12.96 million won). Climbed. This corresponds to the level of a house price of 153,73 million won in one year, which is called the national equilibrium, with an exclusive area of 84 square meters. Sejong City, which recorded the next highest rate of increase, was occupied by apartments in the 6th to 10th year of residence. In the previous year, it was traded at 11.2 million won per 3.3 square meter, but this year it jumped to 15.84 million won, an increase of 41.1%.
House prices in Sejong City showed a steep upward curve before and after the administrative capital discussion in July, and the rate of increase in August was the highest at 12.5% compared to the previous month. Earlier, in June and July, it rose 11.7% and 12.0%, respectively, compared to the previous month.
According to the cumulative time series data on weekly apartment price trends of the Korea Real Estate Agency, the rate of increase in house prices in Sejong City was the highest in the country at 41.61% this year. The real estate agent statistics measures the rate of change in house price based on a sample, and if there is no actual transaction in the sample, the sample house value is input based on the actual transaction price of a nearby complex similar to the sample.
Sejong City also broke the record of the most expensive trading price in the region with a recent case of 1.7 billion won transactions. The 149m2 for sale in the first village complex 3 in Hansol-dong, Sejong-si, was traded at 1.48 billion won four months ago, but was traded at 1.7 billion won on the 1st, rising over 200 million won.
By region, Daejeon showed an average increase of more than 20% compared to the previous year, regardless of the year of move-in. The increase rate of apartments in the 6th to 10th years of occupancy was 30.0%, ranking fourth in each city and province, and 21.7% for apartments under 5 years and under 11-15 years. It seems that the reconstruction promotion along with the impact of Sejong’s house price raised the price.
In the case of Seoul, the increase rate itself was rated as low as 10%, but the increase in the trading price per 3.3㎡ was much higher than the previous year. Based on the exclusive area of 84 square meters, new construction averaged KRW 15.7 million each year, and apartments in the sixth to 10 years increased KRW 90.2 million. For apartments over 30 years old, the deal froze at the beginning of this year, drawing a downward curve, but as of August, as of August, the buying trend rose again to 38 million won per 3.3㎡.
In the Gyeongnam region, the rate of increase in the sale price of apartment complexes that have been occupied for more than 30 years was 26.5%, ranking the top 5 by province. Apartments in Ulsan metropolitan city over 30 years also ranked in the top with a 25.3% increase in house prices.
However, since the deadline for reporting actual real estate transactions is 30 days from the date of the contract, the count of actual transactions in December is expected to be completed by January next year.
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