The number of apartment sales in Seoul is the highest in 8 years and 10 months.
(Seoul = Yonhap Infomax) Reporter Nam Seung-pyo = The number of apartment court sales across the country exceeded 3,000 per month for the first time in three years and five months.
GG Auction, a company specializing in auction data and public auctions, announced in its ‘April 2024 Auction Trends Report’ distributed on the 9th that the number of apartment auctions across the country increased by 18.1% from the previous month (2,663) to 3,144.
This is the first time in 3 years and 5 months that the number of monthly sales has exceeded 3,000 since November 2020 (3,593).
The successful bid rate was 40.6%, up 5.3 percentage points (p) from the previous month (35.3%), and the successful bid rate was 86.1%, up 1.0 percentage points from the previous month (85.1%) , continuing an upward trend for five consecutive months.
GG Auction explained that although the number of apartment auction items is increasing due to high interest rates, the winning bid rate is strong, mainly in popular areas and complexes.
The average number of bidders was 8.0, a decrease of 1.7 since the previous month (9.7).
The number of apartment auctions in Seoul was 351, the highest number in 8 years and 10 months since June 2015 (358).
The success rate was 45.3%, an increase of 10.4 percentage points compared to the previous month (34.9%), but it rebounded significantly as many flats that were once rejected were sold out.
The successful bid rate recorded 90.6%, up 4.7 percentage points from the previous month (85.9%), which is above the 90% level for the first time in a year and 8 months since August 2022 (93.7%) .
Apartments in large locations such as Hannam-dong, Jamsil-dong, and Yeouido led the increase in the sales price rate, and in other areas, small and medium-sized apartments priced below 900 million showed an upward trend. The average number of bidders was 7.7, a decrease of 0.4 since the previous month (8.2).
National Flats Sale Index[출처: 지지옥션]
spnam@yna.co.kr
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This article was published at 11:38 on the Infomax financial information terminal.
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