Seoul apartment exceeds 40 million won per 3.3㎡… 10 million won higher in 27 months

Input 2021.01.03 16:23 | Revision 2021.01.03 16:24

The average price of apartments in Seoul exceeded 40 million won per 3.3m2. It has been 27 months since it exceeded the average of 30 million won per 3.3㎡ in September 2018.



A view of an apartment in downtown Seoul from the 63 building in Yeouido, Seoul on the 3rd. /yunhap news

According to KB Kookmin Bank’s Liveon statistics on the 3rd, the average sale price per unit area (㎡) of apartments in Seoul last month was 12,221,000 won. Converted to 3.3㎡, the average is 4,3293,300 won. This is a 20% increase from 3351 million won in December 2019, a year ago.

The average rent for apartments in Seoul per 3.3㎡ in the same month was 2,191,800 won. It was last October (20,403,900 won) after the enforcement of the Lease Act that the average rental price exceeded 20 million won. The total rent per area increased by about 22.2% since December 2019 (18018,000 won), a year ago.

Over the past year, the increase rate of 14 districts in the Gangbuk area was 25.2%, and the rate of increase in 11 districts in the Gangnam area was 17.4%. It is analyzed that the prices of apartments in the Gangbuk area, which were relatively inexpensive, rose sharply compared to the Gangnam area.

During the same period, the increase rate by district was Nowon-gu (33.0%), Seongbuk-gu (32.5%), Gangbuk-gu (31.4%), Dobong-gu (28.4%), Guro-gu (27.0%), Eunpyeong-gu (26.2%), and Jungnang-gu (25.5%). In order.

On the other hand, in Gangnam-gu (13.6%), Seocho-gu (11.0%), and Songpa-gu (16.9%), the increase rate was lower than the Seoul average of 20.3%.

The average selling price of apartments in Seoul last month was 1,042.99 million won. Compared to the average apartment price in Seoul in December 2019 of 859.91 million won, it has risen to 183.48 million won a year. The average rental price of apartments in Seoul was 575.82 million won, an increase of 110.46 million won from a year ago (4,743.6 million won).

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