Apartment prices in Seoul rose about 9% from a year earlier last year, marking the biggest increase in 19 years.
According to the results of the "Dec. 2025 nationwide dwellings price trend survey" that the Korea Real Estate Board (REB) released on the 15th, last year's cumulative increase in Seoul apartment sale prices was 8.98%.
This is a record high in 19 years since the 23.46% rise in 2006.
In December last year, the comprehensive Seoul dwellings (apartments, row houses, and detached houses) sale price index rose 0.80% from the previous month.
The monthly increase rate came in at 0.77% in November under the impact of the Oct. 15 measures that designated all of Seoul and 12 areas in Gyeonggi as regulated zones and land transaction permit zones. It narrowed from October (1.19%) and then widened again in a month.
On a comprehensive dwellings basis, in northern Seoul, Yongsan District (1.45%), Seongdong District (1.27%), Mapo District (0.93%), Jung District (0.89%), and Gwangjin District (0.74%) had the highest increases in that order. In southern Seoul, Songpa District (1.72%), Dongjak District (1.38%), Gangdong District (1.30%), Yeongdeungpo District (1.12%), and Yangcheon District (1.11%) followed in that order.
Gyeonggi recorded the same 0.32% increase as the previous month, as Suji District in Yongin, Bundang District in Seongnam, and Gwangmyeong—grouped as regulated areas—continued to show strength.
A REB official said, "An upward trend led by end-user demand continues mainly in complexes with strong residential conditions such as school districts and areas near subway stations in Seoul and the capital region," adding, "Sales declined in outer-area older complexes and in some regions with excessive move-in volume, but rose mainly in complexes with medium- to long-term development issues such as redevelopment."