The average sale price of apartments in Seoul exceeded 1 billion won for the first time.



Compared to two years ago, it was close to 220 million won, and compared to a year ago, it was more than 160 million won, and the recent surge in apartment prices was remarkable.



By region, there was a significant increase in the outskirts of Seoul, such as Seongbuk, Nowon, and Geumcheon-gu.



Seongbuk-gu apartment prices have jumped nearly 40% in two years.



According to the monthly KB housing price trend data of KB Kookmin Bank's Real Estate Liveon on the 28th, the average selling price of apartments in Seoul in September exceeded 1 billion won at 1.13.12 million won.



Compared to last year's September (845.1 million won), which was a year ago, it was 16261 million won, and compared to two years ago, it increased by 217.5 million won.



In terms of the rate of increase, it jumped 19.3% higher than a year ago, close to 20%, and 27.7% in two years.



This shows that the recent surge in house prices has been steeper.



The average selling price of apartments in Seoul was 6,170,000 won in March 2017, reaching 600 million won for the first time, then surpassing 700 million won in March 2018, 800 million won in October of that year, and 900 million won in March this year. .



Just six months after it exceeded 900 million won, it jumped back to 100 million won and even surpassed the 1 billion won mark.



In September, the average rental price per 3.3㎡ of apartment in Seoul was 38.57 million KRW, and when calculated as 85.8㎡ of exclusive area, it became 1.0279 million KRW, which is almost the same as the average sale price.




Geumcheon-gu is the area where apartment prices have risen the most in two years.



Over the past two years, it has jumped 39.8%, reaching 40%.



Nowon-gu (39.3%), Geumcheon-gu (38.7%), Jungnang-gu (37.1%), and Gangbuk-gu (37.0%) rose more than 37%, followed by Dobong-gu (36.7%), Gwangjin-gu (36.6%), Dongdaemun-gu (35.7%), and Seodaemun-gu. (35.2%), etc. also rose more than 35%, showing a remarkable rise in the outskirts of Seoul.



On the other hand, in Seocho-gu (17.9%), Gangnam-gu (18.3%), and Yongsan-gu (18.0%), where expensive apartments are concentrated, the rate of increase was less than 20%.



However, despite the relatively low rate of increase, apartment prices in these areas are expensive, so in Gangnam-gu, the increase of 18.3%, equivalent to an increase of 289.2 million won, was the largest in Seoul.



As of September, the area with the highest average apartment price in Seoul was Gangnam-gu, and an average of 1,8217.73 million won was required to buy a dedicated 85㎡ apartment.



Seocho-gu, along with Gangnam-gu, was ranked 1st to 2nd with a large gap with Gangnam-gu at 1.571.3 billion won.



Following this, Songpa-gu (1,268.19 million won), Yongsan-gu (1,236.17 million won), Seongdong-gu (1.18.49 million won), Gwangjin-gu (1. 10,000 won), Yangcheon-gu (1,051.4 billion won), and Yeongdeungpo-gu (1028.99 million won) exceeded 1 billion won.



The area with the lowest average apartment price is Geumcheon-gu, which cost an average of 64.2 million won to get an apartment of the same area.



Areas with an apartment price of less than 700 million won on an 85㎡ basis include Geumcheon-gu, Dobong-gu (613.2 million won), Jungnang-gu (62401 million won), Gangbuk-gu (6414.14 million won), and Eunpyeong-gu. There were only five districts including (6591 million won).



There was no single apartment in Seoul where the price of an apartment based on the same area was less than KRW 600 million.



(Photo = Yonhap News)