As apartment prices surged in Seoul, the difference in prices between detached houses and townhouses was the largest ever.
According to the statistics of the monthly housing price trend of KB Kookmin Bank on the 16th, the average sale price of apartments in Seoul as of last month was 1,027.76 million won, and detached houses (89.413 million won) and row houses (31,343 million won). KRW) and the difference in price widened to 133.4 million won and 714.2 million won, respectively.
The gap in prices for apartments and single-family homes has widened since November 2008, when apartments began to outperform the average selling price of single-family homes.
The average selling price of detached houses exceeded the price of apartments in the past, but after the inauguration of the Moon Jae-in regime, it began to reverse.
In November 2018, the average sale price of single-family homes recorded 899 million won, lower than the average apartment sale price (813.43 million won) for the first time.
Since then, the average sale price of apartments was higher than that of single-family houses except once in June last year.
The difference in prices between apartments and detached houses exceeded 10 million won for the first time in November of last year (17.77 million won), and then exceeded 20 million won in December of the same month (23.36 million won).
Starting this year, the monthly gap widened, reaching 133.5 million won last month.
In 2013-2014, when apartment prices were the lowest in Seoul, the average selling price of single-family houses was more than 150 million won higher than the average selling price of apartments, but a reversal occurred as apartment prices recently jumped significantly.
In addition, the difference in the average sale price of apartments and row houses in Seoul has been widening every month from January 2015 (26.15 million won) to last month (714.2 million won).
In particular, the difference in price between apartments and row houses, which was around 300 million won before and after the inauguration of the Moon Jae-in regime, was 400 million won in January 2018 (48.68 million won), 500 million won in September of the same year (51.7 billion won), and February this year ( 6,377 million won) 600 million won, and last September (712 million won) 700 million won one after another.
Park Won-gap, senior real estate expert at KB Kookmin Bank, said, "As the 30s in the real estate market rapidly emerged as the main focus, the'apartment unevenness' in which floating funds were concentrated only on apartments became stronger." It can be said that it has changed the nature of this real estate market.”
(Photo = Yonhap News)