Korea apartment market: November 2025
Contracts signed in November 2025, compared with October 2025 and November 2024. Generated automatically from official MOLIT transaction data.
South Korea
In November 2025, 43,546 apartment sales were reported in South Korea, down 8.1% from October 2025 (47,400) and up 39.9% from November 2024 (31,117).
The median sale price was ₩365 million, down 17.8% from October 2025.
The median price per m² of exclusive area was ₩4.7 million/m² (-19.0% month on month).
The median jeonse deposit was ₩310 million, up 3.3% from October 2025. 50,677 jeonse and 49,296 monthly-rent leases were reported.
The jeonse ratio was 88.1%, compared with 70.3% in October 2025.
Among provinces with at least 100 sales in both months, sales rose most in Daegu (+30.1%) and fell most in Seoul (-60.3%).
| Province | Sales | vs October 2025 | vs November 2024 | Median price | Median per m² | Per m², month on month |
|---|---|---|---|---|---|---|
| Seoul | 3,390 | -60.3% | +0.8% | ₩995 million | ₩13.4 million/m² | -5.1% |
| Jeonnam-Gwangju | 2,835 | +17.8% | +17.1% | ₩216 million | ₩2.8 million/m² | +0.9% |
| Busan | 3,824 | +15.1% | +79.2% | ₩410 million | ₩5.3 million/m² | -1.2% |
| Daegu | 2,818 | +30.1% | +65.5% | ₩375 million | ₩4.7 million/m² | +13.6% |
| Incheon | 2,528 | +10.1% | +44.7% | ₩408 million | ₩5.2 million/m² | -0.5% |
| Daejeon | 1,555 | +25.7% | +43.2% | ₩350 million | ₩4.5 million/m² | -0.4% |
| Ulsan | 1,450 | +3.3% | +44.9% | ₩326 million | ₩4.2 million/m² | +6.2% |
| Sejong | 541 | +24.9% | +122.6% | ₩512 million | ₩6.9 million/m² | -2.3% |
| Gyeonggi-do | 11,768 | -19.6% | +62.3% | ₩503 million | ₩6.6 million/m² | -13.1% |
| Chungcheongbuk-do | 1,723 | +12.8% | +32.3% | ₩197 million | ₩2.9 million/m² | +1.8% |
| Chungcheongnam-do | 2,248 | +25.5% | +27.0% | ₩203 million | ₩2.7 million/m² | +2.7% |
| Gyeongsangbuk-do | 1,985 | +10.2% | +12.8% | ₩184 million | ₩2.4 million/m² | +5.0% |
| Gyeongsangnam-do | 3,476 | +18.7% | +45.9% | ₩235 million | ₩3.1 million/m² | -0.3% |
| Jeju-do | 182 | +9.0% | -5.7% | ₩330 million | ₩4.6 million/m² | +7.3% |
| Gangwon State | 1,420 | +20.3% | +13.8% | ₩214 million | ₩2.9 million/m² | +4.1% |
| Jeonbuk State | 1,803 | +14.5% | +19.0% | ₩195 million | ₩2.7 million/m² | +3.6% |
Seoul
In November 2025, 3,390 apartment sales were reported in Seoul, down 60.3% from October 2025 (8,533) and up 0.8% from November 2024 (3,362).
The median sale price was ₩995 million, down 7.0% from October 2025.
The median price per m² of exclusive area was ₩13.4 million/m² (-5.1% month on month).
The median jeonse deposit was ₩600 million, up 6.8% from October 2025. 12,435 jeonse and 10,060 monthly-rent leases were reported.
The jeonse ratio was 59.4%, compared with 53.2% in October 2025.
Among Seoul districts with at least 20 sales in both months, the median price per m² rose most in Yangcheon-gu (+2.1%) and fell most in Jongno-gu (-28.0%).
| District | Sales | vs October 2025 | Median price | Median per m² | Per m², month on month |
|---|---|---|---|---|---|
| Songpa-gu | 428 | -29.0% | ₩1.53 billion | ₩19.9 million/m² | -4.0% |
| Gangnam-gu | 268 | -6.3% | ₩2.41 billion | ₩29.9 million/m² | -3.0% |
| Nowon-gu | 232 | -63.6% | ₩592 million | ₩9.9 million/m² | -1.1% |
| Seocho-gu | 226 | +3.7% | ₩2.05 billion | ₩22.4 million/m² | -4.5% |
| Seongbuk-gu | 195 | -60.4% | ₩900 million | ₩11.6 million/m² | -6.2% |
| Eunpyeong-gu | 184 | -48.9% | ₩755 million | ₩11.2 million/m² | -10.9% |
| Gangseo-gu | 183 | -68.7% | ₩865 million | ₩12.2 million/m² | -8.1% |
| Yangcheon-gu | 164 | -60.8% | ₩1.20 billion | ₩14.4 million/m² | +2.1% |
| Guro-gu | 162 | -51.6% | ₩700 million | ₩9.9 million/m² | -2.6% |
| Dongdaemun-gu | 142 | -72.6% | ₩858 million | ₩12.0 million/m² | -2.0% |
| Seodaemun-gu | 138 | -65.3% | ₩950 million | ₩12.2 million/m² | -19.6% |
| Gangdong-gu | 111 | -79.7% | ₩1.16 billion | ₩15.1 million/m² | -9.1% |
| Yongsan-gu | 109 | -9.2% | ₩1.71 billion | ₩20.9 million/m² | -2.9% |
| Yeongdeungpo-gu | 109 | -75.6% | ₩1.10 billion | ₩14.9 million/m² | -4.7% |
| Gwanak-gu | 99 | -65.4% | ₩868 million | ₩10.3 million/m² | -12.0% |
| Dobong-gu | 98 | -36.4% | ₩560 million | ₩7.4 million/m² | -18.2% |
| Jungnang-gu | 97 | -59.4% | ₩625 million | ₩9.1 million/m² | -4.7% |
| Mapo-gu | 90 | -78.5% | ₩1.16 billion | ₩14.4 million/m² | -27.8% |
| Dongjak-gu | 77 | -81.1% | ₩1.30 billion | ₩15.2 million/m² | -3.9% |
| Gangbuk-gu | 70 | -40.2% | ₩644 million | ₩8.9 million/m² | -9.8% |
| Seongdong-gu | 65 | -82.4% | ₩1.50 billion | ₩20.0 million/m² | -5.0% |
| Geumcheon-gu | 51 | -45.2% | ₩680 million | ₩8.4 million/m² | -2.3% |
| Gwangjin-gu | 36 | -86.0% | ₩1.12 billion | ₩15.6 million/m² | -17.0% |
| Jung-gu | 32 | -77.3% | ₩874 million | ₩13.9 million/m² | -9.4% |
| Jongno-gu | 24 | -72.1% | ₩645 million | ₩10.0 million/m² | -28.0% |
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.