Business · Economy · 2 hrs ago
More than half of Seoul apartment sales matched or exceeded past peaks
More than half of Seoul apartments sold in the third quarter of 2026 traded at prices equal to or higher than their previous peaks.
The figure was 54.7%, up from 38.2% in the first quarter and 43.0% in the second.
Dongdaemun District had the highest share in Seoul, at 81.9%, while Gangnam and Seocho districts saw their shares fall from the first quarter.
In Gyeonggi Province, 22.4% of sales were at or above past peaks, with Bundang District in Seongnam reaching 94.1%.
Outside the capital region, shares were below 20% in the areas listed.
Housing analysts linked the rise in parts of the capital region to concerns about limited supply and higher rental prices.
Rising interest rates and tighter borrowing conditions could affect buyers’ ability to purchase and the pace of sales.
More than half of Seoul apartment sales in the third quarter were at or above previous peak prices.
The share was 54.7%, covering 5,977 transactions, up from 38.2% in the first quarter and 43.0% in the second.
Dongdaemun District recorded the highest share in Seoul, at 81.9%.
In 22 of Seoul’s 25 districts, the share rose compared with the first quarter, while it fell in Gangnam and Seocho.
The report cited concerns about housing supply and rising rental prices as factors behind increased buying, while interest rates and lending conditions could affect future demand.
- Who
- Buyers and sellers in Seoul’s apartment market.
- What
- More than half of third-quarter Seoul apartment transactions matched or exceeded previous peak prices.
- When
- The third quarter of 2026.
- Where
- Seoul, South Korea.
- Why
- The report cited supply concerns and rising rental prices as factors behind increased buying; interest rates and lending conditions may affect future demand.
This story does not have two clearly opposing sides.
Higher interest rates and lending conditions may affect actual demand.
Increased financial costs due to rising interest rates are likely to affect actual buyers’ purchasing power and transactions.
38.2% of Seoul apartment transactions were at or above previous peak prices.
The share increased to 43.0%.
The share rose to 54.7%, covering 5,977 transactions.
- Seoul share
- 54.7% (5,977 transactions)
- Dongdaemun District share
- 81.9%
- Seoul districts with an increase
- 22 of 25
- Gyeonggi share
- 22.4% (33,619 transactions)
- Highest share in Gyeonggi
- Bundang District, Seongnam, at 94.1%
Sources
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