๐Ÿ  Recent trends in the real estate market: Real estate disposal by young people

Number of apartment auctions nationwide increases

  • Highest since November 2020
  • 2,629 apartment auctions nationwide as of October 2022
  • Previous Record High of 3593 Cases in November 2020

Whatโ€™s unique about the Seoul area

  • Increase in the number of auctions
  • The number of apartments auctioned in Seoul is 238 and the highest monthly since 291 in May 2016
  • Successful bid rate falls 26.5% and falls to 20% for the first time in four months
  • Successful bid price rate up 86.7% and slightly higher than the previous month

Key examples of rising successful bid price rates

  • Yeouido, Leading the rise in the successful bid price rate of reconstruction apartments in Apgujeong Land Transaction Permit Zone
  • The appraised price of Miseong Apartment in Apgujeong-dong is 3.3 billion won, the successful bid price is 3.479 billion won, and the successful bid price rate is 105.5%

a market outlook

  • Intensifying the phenomenon of covering jade and stone A low-preference complex is traded for a bid, and a high-demand complex is traded above the appraised price
  • Real estate market wait-and-see attitude game expected to continue

n.news.naver.com/mnews/article/โ€ฆ

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