In the first half of this year, transactions of apartments in Seoul priced at 2.6 billion won or more increased by more than 2.3 times compared to last year.
On the 13th, real estate research firm Real2Day noted that the transaction volume of Seoul apartments from January to June this year was analyzed by price range, recording 3,424 transactions for apartments priced at 2.6 billion won or more.
This represents an increase of 133.4% (2.3 times) compared to the same period last year (1,467 transactions).
The increase rates for 1.6 billion won or more to 2.6 billion won were 83.6%, for 1.2 billion won or more to 1.6 billion won were 74.6%, for 600 million won or more to 1.2 billion won were 38.3%, and for less than 600 million won were 24.1%.
The transaction volume of apartments priced at 2.6 billion won or more was primarily driven by the Gangnam districts (Seocho, Gangnam, Songpa) and the Mapo, Yongsan, and Seongdong areas. Among the autonomous districts in Seoul, Gangnam had the highest number of transactions at 1,105, showing an increase of 106.5% compared to the same period last year (535 transactions).
Seocho increased to 862 transactions, up 50.2%, and Songpa saw a rise to 561 transactions, marking a 392.1% increase. In the Mapo, Yongsan, and Seongdong districts, the transaction volume of apartments priced at 2.6 billion won or more increased as follows: Mapo (11 transactions to 36 transactions) 227.3%, Seongdong (32 transactions to 102 transactions) 218.8%, and Yongsan (112 transactions to 184 transactions) 64.3%.
The number of transactions priced at 2.6 billion won or more in the Gangnam districts accounted for 73.8% of the total in Seoul. Including the 'MaYongSeong' areas, the six regions made up 83.2% of the total.