Korea apartment market: February 2025
Contracts signed in February 2025, compared with January 2025. Generated automatically from official MOLIT transaction data.
South Korea
In February 2025, 39,037 apartment sales were reported in South Korea, up 46.8% from January 2025 (26,594).
The median sale price was ₩340 million, up 6.9% from January 2025.
The median price per m² of exclusive area was ₩4.5 million/m² (+6.1% month on month).
The median jeonse deposit was ₩275 million, down 3.8% from January 2025. 62,891 jeonse and 49,482 monthly-rent leases were reported.
The jeonse ratio was 85.4%, compared with 91.5% in January 2025.
Among provinces with at least 100 sales in both months, sales rose most in Seoul (+90.2%).
| Province | Sales | vs January 2025 | Median price | Median per m² | Per m², month on month |
|---|---|---|---|---|---|
| Seoul | 6,362 | +90.2% | ₩1.19 billion | ₩15.7 million/m² | +12.1% |
| Jeonnam-Gwangju | 2,571 | +33.2% | ₩207 million | ₩2.8 million/m² | -4.9% |
| Busan | 2,120 | +33.4% | ₩322 million | ₩4.4 million/m² | -2.0% |
| Daegu | 1,735 | +32.6% | ₩288 million | ₩3.5 million/m² | -7.6% |
| Incheon | 2,167 | +49.3% | ₩335 million | ₩4.5 million/m² | +1.3% |
| Daejeon | 1,080 | +39.9% | ₩302 million | ₩4.0 million/m² | -3.9% |
| Ulsan | 1,206 | +36.9% | ₩281 million | ₩3.6 million/m² | -4.7% |
| Sejong | 357 | +29.3% | ₩450 million | ₩6.2 million/m² | -1.6% |
| Gyeonggi-do | 9,892 | +54.8% | ₩468 million | ₩6.3 million/m² | +4.3% |
| Chungcheongbuk-do | 1,586 | +33.7% | ₩175 million | ₩2.5 million/m² | +1.3% |
| Chungcheongnam-do | 1,973 | +36.2% | ₩180 million | ₩2.4 million/m² | -3.3% |
| Gyeongsangbuk-do | 1,956 | +33.7% | ₩156 million | ₩2.2 million/m² | -2.0% |
| Gyeongsangnam-do | 2,823 | +37.1% | ₩205 million | ₩2.7 million/m² | -4.2% |
| Jeju-do | 178 | +26.2% | ₩290 million | ₩4.1 million/m² | +2.3% |
| Gangwon State | 1,396 | +23.5% | ₩187 million | ₩2.6 million/m² | +2.0% |
| Jeonbuk State | 1,635 | +33.6% | ₩173 million | ₩2.5 million/m² | +4.1% |
Seoul
In February 2025, 6,362 apartment sales were reported in Seoul, up 90.2% from January 2025 (3,345).
The median sale price was ₩1.19 billion, up 18.8% from January 2025.
The median price per m² of exclusive area was ₩15.7 million/m² (+12.1% month on month).
The median jeonse deposit was ₩500 million, down 2.9% from January 2025. 14,625 jeonse and 11,922 monthly-rent leases were reported.
The jeonse ratio was 45.0%, compared with 51.5% in January 2025.
Among Seoul districts with at least 20 sales in both months, the median price per m² rose most in Seocho-gu (+16.3%) and fell most in Dobong-gu (-6.2%).
| District | Sales | vs January 2025 | Median price | Median per m² | Per m², month on month |
|---|---|---|---|---|---|
| Songpa-gu | 708 | +120.6% | ₩1.97 billion | ₩22.1 million/m² | +8.6% |
| Gangnam-gu | 594 | +191.2% | ₩2.50 billion | ₩30.6 million/m² | +2.2% |
| Seocho-gu | 521 | +149.3% | ₩2.86 billion | ₩32.9 million/m² | +16.3% |
| Gangdong-gu | 386 | +114.4% | ₩1.24 billion | ₩15.7 million/m² | +5.8% |
| Seongdong-gu | 368 | +107.9% | ₩1.39 billion | ₩19.1 million/m² | +2.5% |
| Nowon-gu | 351 | +74.6% | ₩555 million | ₩9.6 million/m² | +4.3% |
| Mapo-gu | 346 | +117.6% | ₩1.43 billion | ₩19.0 million/m² | +6.0% |
| Yeongdeungpo-gu | 323 | +73.7% | ₩1.05 billion | ₩14.6 million/m² | +0.6% |
| Dongjak-gu | 290 | +90.8% | ₩1.20 billion | ₩16.2 million/m² | +2.9% |
| Gangseo-gu | 249 | +46.5% | ₩735 million | ₩12.1 million/m² | +9.3% |
| Dongdaemun-gu | 248 | +72.2% | ₩826 million | ₩11.3 million/m² | -3.2% |
| Seongbuk-gu | 235 | +28.4% | ₩790 million | ₩10.6 million/m² | -3.1% |
| Guro-gu | 215 | +58.1% | ₩640 million | ₩9.3 million/m² | +0.3% |
| Yangcheon-gu | 207 | +107.0% | ₩1.20 billion | ₩14.6 million/m² | -5.8% |
| Seodaemun-gu | 189 | +53.7% | ₩920 million | ₩13.3 million/m² | +1.7% |
| Eunpyeong-gu | 153 | +39.1% | ₩745 million | ₩10.4 million/m² | +0.5% |
| Gwangjin-gu | 151 | +64.1% | ₩1.30 billion | ₩17.3 million/m² | +4.5% |
| Yongsan-gu | 147 | +107.0% | ₩2.05 billion | ₩24.4 million/m² | +4.7% |
| Gwanak-gu | 141 | +56.7% | ₩775 million | ₩10.5 million/m² | -0.1% |
| Jungnang-gu | 124 | +53.1% | ₩608 million | ₩8.9 million/m² | -2.4% |
| Dobong-gu | 110 | +42.9% | ₩476 million | ₩7.3 million/m² | -6.2% |
| Jung-gu | 105 | +52.2% | ₩1.14 billion | ₩15.5 million/m² | +5.9% |
| Gangbuk-gu | 90 | +83.7% | ₩598 million | ₩8.8 million/m² | +0.4% |
| Geumcheon-gu | 59 | +63.9% | ₩595 million | ₩7.5 million/m² | -5.6% |
| Jongno-gu | 52 | +108.0% | ₩1.32 billion | ₩14.2 million/m² | +4.4% |
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.