October’s Prime Residential Transactions in Seoul: The Summer Records End — and the Market Divides
Monthly Transaction Notes · October 2026 A market that was climbing has begun to catch its breath. Since June I have been organizing MOLIT's real transaction filings every month. Set the five months side by side, and October reads differently from the ones before it. Through the summer, the high end of the market set a new record with almost every deal. In October, prices at the most expensive complexes stopped rising, and some began trading below their highs. My reading, stated up front: Seoul's high-end housing market is moving out of its rising phase and into a period of sideways movement at an elevated level. June to September: a summer of records The summer moved in one direction. In July, two units of 182.95 m² at Shin Hyundai 12th in Apgujeong sold for ₩11.25 billion each, and a 183.41 m² unit at Shin Hyundai 11th sold for ₩10.5 billion. In Banpo, Raemian One Bailey's 116.95 m² went from ₩9.0 billion in July to ₩9.4 billion in September. Prices stayed high i...