Korea apartment market: March 2025
Contracts signed in March 2025, compared with February 2025. Generated automatically from official MOLIT transaction data.
South Korea
In March 2025, 50,530 apartment sales were reported in South Korea, up 29.4% from February 2025 (39,037).
The median sale price was ₩380 million, up 11.8% from February 2025.
The median price per m² of exclusive area was ₩5.0 million/m² (+11.6% month on month).
The median jeonse deposit was ₩280 million, up 1.8% from February 2025. 62,357 jeonse and 45,707 monthly-rent leases were reported.
The jeonse ratio was 77.1%, compared with 85.4% in February 2025.
Among provinces with at least 100 sales in both months, sales rose most in Sejong (+110.4%).
| Province | Sales | vs February 2025 | Median price | Median per m² | Per m², month on month |
|---|---|---|---|---|---|
| Seoul | 9,792 | +53.9% | ₩1.17 billion | ₩15.5 million/m² | -1.1% |
| Jeonnam-Gwangju | 2,976 | +15.8% | ₩210 million | ₩2.8 million/m² | +0.9% |
| Busan | 2,649 | +25.0% | ₩330 million | ₩4.5 million/m² | +3.4% |
| Daegu | 2,090 | +20.5% | ₩295 million | ₩3.6 million/m² | +2.5% |
| Incheon | 2,905 | +34.1% | ₩360 million | ₩4.7 million/m² | +4.3% |
| Daejeon | 1,325 | +22.7% | ₩307 million | ₩4.2 million/m² | +4.4% |
| Ulsan | 1,456 | +20.7% | ₩285 million | ₩3.7 million/m² | +1.6% |
| Sejong | 751 | +110.4% | ₩495 million | ₩6.5 million/m² | +4.6% |
| Gyeonggi-do | 13,578 | +37.3% | ₩495 million | ₩6.5 million/m² | +3.9% |
| Chungcheongbuk-do | 1,949 | +22.9% | ₩188 million | ₩2.7 million/m² | +5.9% |
| Chungcheongnam-do | 2,323 | +17.7% | ₩185 million | ₩2.5 million/m² | +1.1% |
| Gyeongsangbuk-do | 2,048 | +4.7% | ₩168 million | ₩2.2 million/m² | +2.2% |
| Gyeongsangnam-do | 3,079 | +9.1% | ₩203 million | ₩2.7 million/m² | -0.1% |
| Jeju-do | 208 | +16.9% | ₩288 million | ₩4.1 million/m² | -0.5% |
| Gangwon State | 1,505 | +7.8% | ₩185 million | ₩2.6 million/m² | -0.9% |
| Jeonbuk State | 1,896 | +16.0% | ₩168 million | ₩2.3 million/m² | -6.4% |
Seoul
In March 2025, 9,792 apartment sales were reported in Seoul, up 53.9% from February 2025 (6,362).
The median sale price was ₩1.17 billion, down 1.5% from February 2025.
The median price per m² of exclusive area was ₩15.5 million/m² (-1.1% month on month).
The median jeonse deposit was ₩504 million, up 0.8% from February 2025. 15,565 jeonse and 9,871 monthly-rent leases were reported.
The jeonse ratio was 46.0%, compared with 45.0% in February 2025.
Among Seoul districts with at least 20 sales in both months, the median price per m² rose most in Yangcheon-gu (+12.0%) and fell most in Seocho-gu (-21.3%).
| District | Sales | vs February 2025 | Median price | Median per m² | Per m², month on month |
|---|---|---|---|---|---|
| Songpa-gu | 908 | +28.2% | ₩1.70 billion | ₩20.4 million/m² | -7.8% |
| Gangnam-gu | 842 | +41.8% | ₩2.45 billion | ₩30.1 million/m² | -1.6% |
| Seocho-gu | 662 | +27.1% | ₩2.45 billion | ₩25.9 million/m² | -21.3% |
| Gangdong-gu | 592 | +53.4% | ₩1.25 billion | ₩15.9 million/m² | +1.3% |
| Seongdong-gu | 583 | +58.4% | ₩1.42 billion | ₩19.5 million/m² | +1.8% |
| Nowon-gu | 559 | +59.3% | ₩560 million | ₩9.6 million/m² | +0.3% |
| Mapo-gu | 548 | +58.4% | ₩1.44 billion | ₩19.1 million/m² | +0.6% |
| Dongjak-gu | 531 | +83.1% | ₩1.25 billion | ₩16.2 million/m² | +0.1% |
| Yeongdeungpo-gu | 509 | +57.6% | ₩1.11 billion | ₩14.9 million/m² | +2.2% |
| Yangcheon-gu | 454 | +119.3% | ₩1.33 billion | ₩16.3 million/m² | +12.0% |
| Gangseo-gu | 417 | +67.5% | ₩800 million | ₩12.4 million/m² | +2.5% |
| Seongbuk-gu | 403 | +71.5% | ₩818 million | ₩11.3 million/m² | +6.8% |
| Dongdaemun-gu | 381 | +53.6% | ₩847 million | ₩11.7 million/m² | +3.8% |
| Guro-gu | 328 | +52.6% | ₩670 million | ₩9.4 million/m² | +0.3% |
| Seodaemun-gu | 292 | +54.5% | ₩1.02 billion | ₩13.7 million/m² | +2.9% |
| Yongsan-gu | 271 | +84.4% | ₩1.95 billion | ₩22.4 million/m² | -8.4% |
| Eunpyeong-gu | 262 | +71.2% | ₩741 million | ₩10.9 million/m² | +4.5% |
| Gwangjin-gu | 248 | +64.2% | ₩1.43 billion | ₩17.6 million/m² | +1.9% |
| Gwanak-gu | 235 | +66.7% | ₩800 million | ₩11.1 million/m² | +6.2% |
| Jungnang-gu | 172 | +38.7% | ₩600 million | ₩8.9 million/m² | -0.0% |
| Dobong-gu | 168 | +52.7% | ₩495 million | ₩7.3 million/m² | -0.4% |
| Jung-gu | 159 | +51.4% | ₩1.12 billion | ₩15.6 million/m² | +0.7% |
| Gangbuk-gu | 99 | +10.0% | ₩698 million | ₩8.7 million/m² | -0.6% |
| Geumcheon-gu | 89 | +50.8% | ₩550 million | ₩8.0 million/m² | +6.0% |
| Jongno-gu | 80 | +53.8% | ₩1.17 billion | ₩14.9 million/m² | +5.0% |
Month-on-month price changes are shown only where both months have at least 10 sales (20 for Seoul districts). Medians move with the mix of homes sold.