Apartment sale prices in Seoul for units with exclusive floor areas of at least 84 square meters and less than 85 square meters, known as the national standard size, fell by nearly 20% in the first quarter of this year compared with the same period last year.
On the 30th, the real estate information platform "Dabang" released the "First-quarter 2026 Dabang Apartment Map" for apartments with exclusive floor areas of at least 84 square meters and less than 85 square meters transacted in Seoul. According to the report, the average apartment sale price in Seoul was 1.19476 billion won, and the average jeonse deposit was 710.68 million won. Compared with the first quarter of 2025, sale prices fell by 293.71 million won (-19.7%), while jeonse deposits rose by 50.05 million won (+7.6%).
Among the 25 districts, Seocho District recorded the highest average sale price. The average in Seocho District was 2.8619 billion won, 1.66714 billion won (240%) higher than the Seoul average. It was followed by Gangnam District at 233%, Songpa District at 181%, Yongsan District at 180%, Seongdong District at 151%, Gwangjin District at 148%, Mapo District at 129%, Dongjak District at 125%, Gangdong District and Jung District at 116%, Jongno District at 109%, and Yeongdeungpo District at 107%, with a total of 12 districts exceeding the Seoul average.
Seocho District also topped the average jeonse deposit for the fourth straight quarter at 1.09906 billion won. That was 388.38 million won higher than the Seoul average, or 155% of it. Next were Gangnam District at 142%, Songpa District at 126%, Jongno District at 120%, Seongdong District at 114%, Mapo District at 112%, Gwangjin District at 111%, Dongjak District and Yongsan District at 106%, and Jung District at 103%, with a total of 10 districts above the Seoul average.
Meanwhile, Gwangjin District saw the biggest year-over-year rise in sale prices, up 256.91 million won (+17.0%) over the past year. Gangdong District posted the largest increase in jeonse deposits over the same period, up 114.16 million won (+19.8%).
In particular, the uptick in jeonse deposits spread across Seoul. Of the city's 25 districts, 24 saw jeonse deposits rise. Following Gangdong District, districts with jeonse deposit growth of at least 10% included Songpa District (+15.3%), Gwangjin District (+14.9%), Seongbuk District (+13.2%), Seocho District (+12.3%), Dongdaemun District (+11.5%), Eunpyeong District (+11.4%), Dongjak District (+11.1%), and Yeongdeungpo District (+10.7%).