About 14.5 Trillion Won in Commercial Real Estate Sold Nationwide in Three Months This Year, Seoul Leads With 6.5 Trillion Won

According to a survey, from January to March 2026, the total transaction amount for small commercial buildings, building sales, detached house sales (including multi-family sales), and land sales—excluding collective real estate such as apartments, retail spaces, villas, and officetels—nationwide reached approximately 14.5 trillion won.

According to Silgeo.com, a company specializing in free commercial property listings and real transaction price research, statistics were released for 17 provinces and major cities across the country, detailing total transaction amounts, the number of transactions, and average transaction prices.

Data provided by Silgeoet.com

Seoul recorded the highest transaction amount nationwide at about 6.5 trillion won, followed by Gyeonggi Province at 1.8 trillion won, and North Gyeongsang Province ranked third with 680 billion won. Sejong Special Self-Governing City was in last place, with sales amounting to 48.1 billion won. In terms of average transaction price per property, Seoul also topped the list at 4.96 billion won, followed by Daegu Metropolitan City at 1.07 billion won, Busan Metropolitan City at 890 million won, and South Jeolla Province ranked 17th with 60 million won.

In terms of the number of transactions, South Jeolla Province ranked first nationwide with 9,604 transactions, North Gyeongsang Province was second with 7,617 transactions, South Chungcheong Province was third with 6,435 transactions, and Sejong Special Self-Governing City was last with 187 transactions.

Bak Jongbok, the head of Naheyo Academy and a real estate expert, stated, "As shown in these statistics, the region with the lowest average transaction price per property, South Jeolla Province, also shows the most active trading. In the case of Sejong, the fact that it ranks lowest in all three categories—total transaction amount, transaction volume, and average price—suggests that areas that experienced excessive price bubbles in the past are now suffering the greatest losses amid the current real estate market downturn."

He also noted that, particularly in Seoul, both the total transaction volume and average price continue to rise, indicating that major investors remain inclined to invest in the capital, a trend consistent with both past and present.

This content was produced with the assistance of AI translation services.