Seoul Apartment Sales Prices Surge to 59.05 Million Won per 3.3㎡, Up 66% in Three Years

According to Woori Bank's Real Estate Research Lab, Seoul apartment sales prices surged to 59.05 million won per 3.3㎡ on July 9, driven by rising construction, labor, and land costs. The three-year increase marks a 66% jump from 2023 levels.

The price gap between areas north and south of the Han River has widened significantly, expanding from 1.94 million won per 3.3㎡ in 2023 to 13.45 million won as of July 2026, reflecting concentrated redevelopment projects in high-price districts.