Business · Economy · 8 hrs ago
Small apartments lead Seoul sales, while mid-sized homes top Gyeonggi
In the third quarter, apartments of 60 square metres or less made up 47.2% of Seoul sales.
In Gyeonggi, the most common size was over 60 and up to 85 square metres, at 49% of sales.
The figures come from an analysis of apartment transactions by property platform Dabangg.
Seoul’s share of small-home sales has risen for two years, from 39.8% in the third quarter of 2024 to 43.7% a year later and 47.2% this year.
Moving up to the next size bracket cost nearly three times more in Seoul: the average price difference was about 440 million won, compared with about 150 million won in Gyeonggi.
Seoul recorded 13,251 apartment sales, down 27.7% from a year earlier, while Gyeonggi had 36,946, up 11.9%.
Higher prices in Seoul may help explain the different size choices, while Gyeonggi buyers more often purchased mid-sized homes.
In the third quarter of 2026, apartments of 60 square metres or less made up the largest share of Seoul sales, at 47.2%.
In Gyeonggi, apartments larger than 60 and up to 85 square metres accounted for the largest share, at 49.0%.
The small-apartment share in Seoul rose for the second consecutive year, while Gyeonggi’s mid-sized share was nearly half of sales.
Seoul recorded 13,251 apartment transactions, down 27.7% year on year, while Gyeonggi recorded 36,946, up 11.9%.
The average price gap between apartments of up to 60 square metres and those of 60 to 85 square metres was nearly three times larger in Seoul than in Gyeonggi.
- Who
- Apartment buyers in Seoul and Gyeonggi.
- What
- The most common apartment size sold differed: up to 60 square metres in Seoul and over 60 to 85 square metres in Gyeonggi.
- When
- The third quarter of 2026.
- Where
- Seoul and Gyeonggi, South Korea.
- Why
- The article links the difference to Seoul’s higher housing prices and the smaller price burden in Gyeonggi.
This story does not have two clearly opposing sides.
Apartments of up to 60 square metres made up 39.8% of Seoul transactions.
The share of Seoul transactions involving apartments of up to 60 square metres rose to 43.7%.
Apartments of up to 60 square metres made up 47.2% of Seoul sales, while apartments over 60 and up to 85 square metres made up 49.0% of Gyeonggi sales.
- Seoul’s largest size category
- Up to 60 square metres: 47.2% of transactions
- Gyeonggi’s largest size category
- Over 60 to 85 square metres: 49.0% of transactions
- Seoul apartment transactions
- 13,251 in the third quarter of 2026, down 27.7% year on year
- Gyeonggi apartment transactions
- 36,946 in the third quarter of 2026, up 11.9% year on year
- Average price gap
- About 440 million won in Seoul; about 150 million won in Gyeonggi between the two size categories
1 source
What people are saying
Seoul saw the share of small apartments expand amid falling transaction volumes, while in Gyeonggi the total number of transactions increased and mid-sized apartments, centred on the popular national-standard size, accounted for nearly half.
With the price gap for moving up to a larger apartment widening to nearly three times, buyers’ criteria for choosing apartment size appear to have clearly diverged.