An analysis by a private investigative company said that the average price of apartments in Seoul exceeded 1 billion won.

Real Estate 114 announced today (12th) that the average price of apartments in Seoul as of the end of last month recorded 1 billion 5.09 million won, exceeding 1 billion won for the first time.

This was calculated by comprehensively considering the actual trading conducted last month, the appropriate market price received through the member agency, and self-investigation.

In 2013, the average price of apartments in Seoul, which stood at KRW 51,753 million, has increased every year and doubled in seven years.

In terms of distinction, Gangnam-gu (2017.76 million won) was the only one that exceeded 2 billion won, and Seocho-gu (1,954.3 million won) and Songpa-gu (1,475.37 million won) were the second and third. Was high.

Following this, Yongsan-gu (1,45273 million won), Gwangjin-gu (1,09661 million won), Seongdong-gu (1.75.48 million won), Mapo-gu (1.57 billion won), and Gangdong-gu (1,03 billion won) 12.82 million won) and Yangcheon-gu (1,0174.2 million won) exceeded 1 billion won.

Real Estate 114 said, "The influence of Gwangjin-gu, etc. in the 3 districts of Gangnam area (Gangnam, Seocho, Songpa-gu) and Masongseong (Mapo, Yongsan, Seongdong-gu)." Through the three years of reconstruction, the constructed apartment is transformed into a new apartment, leading the overall market price of Seoul,” he explained. 

(Photo = Yonhap News)