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AI Biz Real Estate
1st Week of April 2026 Seoul Real Estate Transaction Trends

This article was automatically translated by AI. There may be errors compared to the original Korean article.  Read original in Korean →

[비즈한국] Using artificial intelligence, we deliver quick and accurate real estate transaction information for apartments and residential properties in Seoul traded over the past week.

In the Seoul residential real estate market, high-priced apartment transactions in key locations such as Banpo, Jamsil, and Yeouido have topped the list. According to the Seoul Real Estate Information Plaza, among the transactions recorded from April 1 to April 5, an apartment at Acro River Park in Banpo-dong, Seocho-gu, with a dedicated area of 129.97㎡ on the 15th floor, sold for 8.5 billion won, marking the highest price for this week.

A view of Acro River Park in Banpo-dong, Seocho-gu, which ranked first in weekly actual transaction prices based on the aggregation of residential property sales in Seoul from April 1 to April 5. Photo = Bizhankook DB
A view of Acro River Park in Banpo-dong, Seocho-gu, which ranked first in weekly actual transaction prices based on the aggregation of residential property sales in Seoul from April 1 to April 5. Photo = Bizhankook DB

Following this, an apartment at Banpo Xi in Banpo-dong, Seocho-gu, with a dedicated area of 84.998㎡ on the 21st floor, sold for 5.1 billion won. An apartment at Olympic Athletes' Village Complex 2 in Bangi-dong, Songpa-gu, with a dedicated area of 163.44㎡ on the 7th floor, changed hands for 4.03 billion won. An apartment at Sibeom in Yeouido-dong, Yeongdeungpo-gu, with a dedicated area of 156.99㎡ on the 7th floor, sold for 3.9 billion won.

An apartment at Namsan FORESTHOUSE in Sindang-dong, Jung-gu, with a dedicated area of 236.89㎡ on the 1st floor, traded for 3.71 billion won.

Additionally, an apartment at Ricenz in Jamsil-dong, Songpa-gu, with a dedicated area of 84.99㎡ on the 11th floor, sold for 3.5 billion won, while another unit in the same complex with a dedicated area of 84.99㎡ on the 18th floor sold for 3.4 billion won. An apartment at Jamsil Els in Jamsil-dong, Songpa-gu, with a dedicated area of 84.8㎡ on the 15th floor, traded for 3.36 billion won. An apartment at Mok-dong New Town Complex 4 in Mok-dong, Yangcheon-gu, with a dedicated area of 142.2㎡ on the 12th floor, sold for 3.36 billion won. An apartment at Dogok 1st I-Park in Dogok-dong, Gangnam-gu, with a dedicated area of 130.259㎡ on the 20th floor, traded for 3.3 billion won.

The transaction price of Acro River Park in Banpo-dong reached approximately 216.19 million won per pyeong, significantly exceeding the average apartment price per pyeong in Seoul of 59.259 million won as announced by KB Real Estate last December. Following this, Banpo Xi in Banpo-dong traded at approximately 198.35 million won per pyeong, and the Olympic Athletes' Village Complex 2 in Bangi-dong traded at approximately 81.51 million won per pyeong, also showing high price levels.

Source = Seoul Real Estate Information Plaza
Source = Seoul Real Estate Information Plaza

In the first week of April, as in the previous week, high-priced transactions were concentrated in key areas of Seoul, with demand flocking to representative complexes in preferred locations such as Banpo, Jamsil, and Yeouido. Some in the industry believe this is not merely due to consistent demand in key areas, but the result of a preference for 'smart single homes' combined with demand from wealthy individuals in the provinces moving their assets to Seoul. Preemptive buying by real-estate end-users or the wealthy is supporting high-priced transactions, keeping trading active despite regulations such as the land transaction permit system.

Real estate experts explained that in areas with excellent access to the Han River and major business districts, high-priced transactions tend to continue steadily due to the combination of residential preference, supply scarcity, and expectations for asset value preservation. They added that residential properties in key locations—especially symbolic large-scale complexes, rare large-sized units, and areas equipped with good school districts, transportation, and living infrastructure—have a relatively distinct demand base, resulting in higher price resilience.

※ This article was written by Bizhankook and MetaVX's generative AI.

This article was automatically translated by AI. There may be errors compared to the original Korean article.
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