Price comparison
How to Read Korean Apartment Transaction Prices
Match the exclusive floor area first
Mixing different floor areas distorts the price trend. Even within the common 84㎡ category, layouts, orientation, terrace space, and usable design can differ. Confirm both exclusive area and floor plan.
Use a range, not one recent sale
Low floors, premium views, extensive renovation, related-party transactions, and redevelopment rights can sit outside the normal range. Review several comparable transactions, the low and high range, and where the latest sale falls within it.
Transaction volume is context
A price based on one or two sales may not repeat. More transactions make a range easier to observe, although large complexes naturally produce more sales because they contain more homes. Consider volume relative to household count.
Reporting and cancellation take time
Korean transaction data is reported after contract and may later be corrected or cancelled. Publication schedules create delay. Recheck the official system and a local licensed agent shortly before making a decision.
Do not confuse asking and transacted prices
An asking price is what a seller currently wants; a reported transaction is a completed contract reported to the government. A rise in asking prices may occur without matching sales, while one urgent sale does not reset every seller’s expectation.
Cross-check the official transaction records
Search for the district and complex in the official system below, then compare exclusive floor area, contract date, floor, and cancellation status. APT Fit’s transaction month refers to the contract month; its data update date refers to the stored transaction dataset. This guide’s document update date does not mean every apartment record was refreshed that day. The official lookup is primarily in Korean.