[BizHanKook] According to the Seoul Real Estate Information Plaza, an analysis of residential real estate transactions in Seoul reported from 8:00 AM on November 2, 2026, to 8:00 AM on November 6 shows that apartments in the Gangnam area topped the list. The highest price was recorded for a 9th-floor unit in the Hyundai 6th apartment complex in Apgujeong-dong, Gangnam-gu, with a dedicated area of 144.20㎡, which sold for 6.6 billion won, taking the top spot for weekly transactions.
The price per 3.3㎡ for this transaction is approximately 151 million won, which is well over double the average apartment sales price per 3.3㎡ in Seoul of 59.259 million won as of December 2025, announced by KB Real Estate. However, units of the same 144㎡ size in the same complex traded for 7.4 billion won in April 2026 and 7.45 billion won in July, and the 144.20㎡ unit previously rose as high as 7.96 billion won in June 2025. This 6.6 billion won transaction is lower than the recent peak, making it difficult to view as a sign of price appreciation. Considering that transactions for this area size have been rare over the past year, while it confirms the high absolute price of Apgujeong, it is difficult to determine the market trend of the complex based on a single transaction.
The second spot went to a 10th-floor unit (136.68㎡ dedicated area) at Sunkyong 1st in Daechi-dong, Gangnam-gu, which sold for 5.1 billion won. The price per 3.3㎡ is approximately 123.35 million won. The same area size traded for 5.07 billion won in June 2026 and 4.85 billion won in September, making this latest price 250 million won higher than the previous transaction. However, it falls short of the 5.3 billion won transaction in January 2026 and the 5.5 billion won transaction in July 2025. It confirms that the price has recently formed around the 5 billion won mark, rather than setting a new record high.
In third place, an 84.59㎡ (dedicated area) 10th-floor unit at I-Park 2nd in Yeoksam-dong, Gangnam-gu, sold for 3.6 billion won. At approximately 140.69 million won per 3.3㎡, it significantly exceeds the Seoul average. A unit with the same dedicated area and floor level traded for the same 3.6 billion won in August 2026, meaning this contract maintained the previous record price. As both transactions were reported as direct deals, it is difficult to extrapolate this directly as the market price for general brokerage transactions. Another housing type of the same 84㎡ size in the same complex traded for 2.551 billion won in May 2026, showing a large price gap depending on the housing type and transaction method.
Fourth place went to a 28th-floor unit (165.17㎡ dedicated area) at Lotte Castle Ivy in Yeouido-dong, Yeongdeungpo-gu, which sold for 3.1 billion won. The previous transaction for the same area was a 27th-floor unit for 2.4 billion won in August 2023, marking a 700 million won increase over approximately three years. Since there are not many publicly recorded transactions for this area size, it is difficult to judge a short-term upward trend, but it is a transaction that has raised the upper end of the existing price range for this area. The scarcity of large-sized units and floor differences can be reflected, so it is difficult to assume the entire complex's market value has risen by the same margin based solely on the price difference.
Fifth place is a 21st-floor unit (59.96㎡ dedicated area) at Olympic Park Foreon in Dunchon-dong, Gangdong-gu, which sold for 2.48 billion won. While there are not yet many public sales cases for this specific area, nearby transactions for 59.98㎡ units have recently formed between 2.45 billion won and 2.63 billion won. This transaction falls within the recent price range for 59㎡ units in the same complex. As this is a 12,032-household new complex, we are in a stage where transaction data is beginning to accumulate, so it is necessary to watch whether prices in this range form consistently rather than focusing on individual transactions.
The sixth-ranked 84.96㎡ (dedicated area) unit at Centlas in Hawangsimni-dong, Seongdong-gu, traded for 2.43 billion won. The same area size traded for 2.4 billion won and 2.48 billion won in September 2026. This contract is within the recently formed 2.4 billion won price range and is 50 million won lower than the previous high. While mid-2 billion won prices continue for 84㎡ class homes in Seongdong-gu, this single case is not enough to interpret as further appreciation.
The seventh-ranked 59.96㎡ (dedicated area) unit at Autere Foret in Seongsu-dong 1-ga, Seongdong-gu, traded for 2.2293 billion won. This is a pre-sale right (bunyang-gwon) transaction, not a completed apartment, so the nature of the price differs from existing home transactions. A pre-sale right for a 59.95㎡ unit in the same complex traded for 2.02852 billion won in July 2026 and 2 billion won in October. While the 59.96㎡ 18th-floor transaction was higher than the previous 2nd-floor transaction, the total transaction amount can vary depending on housing type, floor, and payment conditions for the pre-sale installments.
Eighth place: An 84.97㎡ (dedicated area) unit at Seocho Hills in Umyeon-dong, Seocho-gu, traded for 2.048 billion won. Considering the previous 84.95㎡ 17th-floor unit sold for 2.045 billion won, prices in the mid-2 billion won range are being repeated recently. However, the existing record high for this area size is 2.15 billion won, so this transaction is closer to maintaining the recent price range rather than setting a new high.
Ninth place: A 120.65㎡ (dedicated area) unit at Seoul One I-Park in Wolgye-dong, Nowon-gu, traded for 1.88903 billion won. This is also a pre-sale right transaction. The same housing type traded for 1.90639 billion won in September 2026 and 2.15084 billion won in October. This price reflects a premium of 2.03 million won over the initial pre-sale price, which is lower than the 2 billion won range seen for the same housing type recently. While there is significance in the absolute price of a large-sized new pre-sale right in Nowon-gu trading in the 1.8 billion won range, it is not a case where the upper end of the price continues to rise.
Tenth place: An 84.98㎡ (dedicated area) unit at Cheongnyangni Station Lotte Castle SKY-L65 in Jeonnong-dong, Dongdaemun-gu, traded for 1.884 billion won. Looking at the same area size, a 52nd-floor unit traded for 2.077 billion won in October 2026, and a 63rd-floor unit traded for 2.09 billion won on November 1. This transaction was for the 12th floor, which is about 200 million won lower than the aforementioned high-floor transactions. Due to the characteristics of an ultra-high-rise complex, price deviations based on floor level and view are significant, so it is difficult to express this as a continuation of recent high-priced transactions.
While Gangnam-gu's Apgujeong, Daechi, and Yeoksam took the top three spots in transaction rankings, the overall price trend in Seoul was different. According to the Korea Real Estate Board's weekly apartment price trend for the first week of November, Seoul's sales prices continued to rise by 0.07%, but Gangnam-gu fell by 0.38%, Seocho-gu by 0.36%, and Songpa-gu by 0.17%. On the other hand, Seodaemun-gu rose by 0.33%, Seongbuk-gu and Geumcheon-gu rose by approximately 0.32% each, and Dongdaemun-gu and Nowon-gu also saw increases. While this week's high-priced transactions demonstrate the absolute prices of the Gangnam area and the trade of some rare properties, the weekly index shows a temperature difference by region, with the "Gangnam 3-gu" showing weakness and non-Gangnam areas showing relatively larger increases.
Transaction volume has shrunk faster than price indices. According to monthly data aggregated from the Ministry of Land, Infrastructure and Transport, apartment sales in Seoul decreased from 8,753 units in July 2026 to 4,576 units in August and 3,921 units in September. As long as there are areas where prices are rising while transaction volume is shrinking, it is difficult to generalize this as a strong bull market across all of Seoul.
In the metropolitan area and regulated areas, the mortgage loan limit is restricted to 400 million won for homes exceeding 1.5 billion won but not exceeding 2.5 billion won in market value, and to 200 million won for homes exceeding 2.5 billion won. Since a significant portion of these top transactions exceed this price range, the influence of demand with a higher proportion of personal funds rather than loans may be relatively greater. However, there is no evidence to conclude that individual transactions were completed specifically because of loan regulations, and it can be interpreted as a flow where demand with financial capacity is moving selectively within key complexes and the new-build/pre-sale market, even amidst a decline in transactions.
※ This article was written by Bizhankook and MetaVX's generative AI.