Seoul's High-End Market in July 2026: A Quiet Month

Considered Analysis

Seoul High-End Residential Market — July 2026 (Month-over-Month vs. June)

Currency note: KRW figures are converted to USD at a reference rate of ₩1,428 = US$1 (KRW/USD, market close August 4, 2026), rounded to the nearest US$1,000. The original won figures remain the authoritative record.

Executive Summary

July is best read not as a month of meaningful price movement, but as one in which a minimal trickle of transactions kept the market essentially static.

Both the sale and jeonse markets saw too few transactions for a simple average price to reliably represent underlying conditions — interpreting the month that way risks real distortion. This is especially true at the high end, where a single outsized transaction can swing an average on its own. Transaction continuity and supply conditions matter more here than price itself.

Monthly rent, by contrast, offered a larger pool of comparable transactions and is therefore the more reliable read on market direction this month. There, an upward trend was confirmed, concentrated in Banpo's newer developments.

1. Sale Market

Market Assessment

  • Transaction volume held up, but with few matched transactions in the same unit type, a price trend is difficult to establish.
  • Movement in the average price carries little independent meaning this month.

Key Transactions

ComplexJuly Transactions
Raemian One Bailey102 m² — $4,832,000  /  117 m² — $6,303,000
Raemian Chelitus124 m² — $3,711,000
Apgujeong HyundaiMultiple transactions
OthersTransactions continued

Analysis

  • The sample is too small to speak meaningfully of a price increase or decrease.
  • Transaction activity at Apgujeong Hyundai picked up.
  • Core complexes in Banpo and Yongsan continued to see transactions.

Takeaway

The more meaningful signal this month is not the direction of price, but the fact that transactions continued at a steady pace.

2. Jeonse Market

Market Assessment

The jeonse market likewise saw too few transactions to support a price trend. The defining feature of the month was the continued shortage of jeonse supply. In newer high-end developments, listings remain scarce enough that a single transaction can move the average price considerably. The supply shortage, rather than price, is the essential point here.

Key July Jeonse Transactions

  • Galleria Foret, 168 m²: $2,941,000
  • Galleria Foret, 195 m²: $3,361,000
  • Raemian One Pentas, 156 m²: $3,361,000
  • Raemian One Bailey — transactions continued across its principal unit types
  • Hannam The Hill and Nine One Hannam — jeonse transactions continued

Analysis

  • The jeonse supply shortage persists.
  • Supply conditions matter more than price this month.
  • Demand for high-end jeonse remains intact.

3. Monthly Rent Market

Monthly rent offered the largest pool of comparable transactions this month, making it the most reliable gauge of market direction. An upward trend was confirmed this month, concentrated in Banpo's newer developments.

Raemian One Bailey

Unit TypeChange
60 m²+6.8%
85 m²+7.0%

Both comparable unit types rose by roughly 7%, suggesting steady owner-occupier demand.

Raemian One Pentas

Unit TypeChange
60 m²+15.3%
108 m²+5.4%

Every unit type rose. The 60 m² type in particular gained more than 15%, the strongest increase recorded in this survey.

Acro River Park

Unit TypeChange
60 m²−17.4%
113 m²−15.2%

Both comparable unit types declined. Transaction counts here remain low, however, so this should not be generalized into a broader market weakness.

Trimage

Unit TypeChange
35 m²−13.0%
85 m²−1.7%

Overall, mildly softer.

Cheongdam Linden Grove

Unit TypeChange
85 m²−2.7%

Effectively flat.

Hannam The Hill

Unit TypeChange
60 m²−13.3%

Transaction count is too low here to read this as a market decline.

Comprehensive Analysis

Sale

  • Transactions continued at a steady pace.
  • Low volume makes a price trend difficult to establish.

Jeonse

  • The jeonse supply shortage persists.
  • Supply conditions, more than price, are the essential story.

Monthly Rent

An upward trend was confirmed, concentrated in Banpo's newer developments.

ComplexAssessment
Raemian One PentasStrong increase (+5% to +15%)
Raemian One BaileyIncrease (roughly +7%)
Cheongdam Linden GroveFlat
TrimageMildly softer
Hannam The HillAssessment withheld — insufficient transactions
Acro River ParkLikely skewed by individual transactions

Final Conclusion

July's Seoul high-end residential market did not offer a large enough transaction sample in either the sale or jeonse segments to support a clear price trend. It is therefore more appropriate to look at whether transactions continued steadily and how severe the jeonse supply shortage has become, rather than at the movement of average prices.

The monthly rent market, by contrast, showed a confirmed increase in the 5–15% range, concentrated in Banpo's newer developments — Raemian One Bailey and Raemian One Pentas. This suggests that owner-occupier and tenant demand within the high-end residential market remains firm.

None of this makes for a dramatic headline, and we think that is itself the more honest reading of the month. A market that keeps transacting quietly, without needing a story to justify it, is usually the one worth paying attention to — and we'll keep watching it with the same care.



Raw Data Appendix

This appendix accompanies our July 2026 Considered Analysis coverage. It is a straightforward record — every residential sale, jeonse, and monthly-rent contract registered in seven prime Seoul submarkets during the month, with no interpretation added here. The commentary lives in the linked analysis pieces; this page exists so a reader can check the underlying numbers directly.

Source: Ministry of Land, Infrastructure and Transport (MOLIT) Real Transaction Price Disclosure System, transactions contracted between July 1–31, 2026, organized by contract date. Filings are subject to later correction or cancellation, so we'd encourage confirming any individual transaction against the most current public data before citing it elsewhere.

Currency note: All figures below were originally recorded in Korean won and are shown here converted to US dollars for our international readership. The reference rate applied throughout is ₩1,428 = US$1 (KRW/USD, market close August 4, 2026). Converted amounts are rounded to the nearest US$1,000 for sale prices and lease deposits, and to the nearest US$10 for monthly rent. Given exchange rate movement over the reporting period, treat these USD figures as a consistent point-in-time reference rather than the exact amount that changed hands — the original KRW figures remain the authoritative record.

Hannam & Seongsu

Trimage (트리마제)

Sale

AreaPrice (USD)FloorContract DateTransaction Type
84.81 m²$3,256,00022FJul 13, 2026Brokered

Jeonse / Monthly Rent

TypeAreaDeposit (USD)Monthly Rent (USD)FloorContract DateContract Type
Monthly84.82 m²$350,000$7,70047FJul 4, 2026New
Monthly84.54 m²$700,000$4,20041FJul 6, 2026New
Monthly84.82 m²$140,000$7,70026FJul 8, 2026New
Monthly35.44 m²$210,000$2,8009FJul 17, 2026New
Jeonse69.72 m²$1,001,00042FJul 17, 2026New
Monthly136.56 m²$105,000$6,30014FJul 20, 2026Renewal
Monthly84.54 m²$245,000$4,9003FJul 31, 2026New

Hannam The Hill (한남더힐)

Jeonse / Monthly Rent

TypeAreaDeposit (USD)Monthly Rent (USD)FloorContract DateContract Type
Monthly59.69 m²$420,000$3,7105FJul 1, 2026New
Jeonse235.31 m²$4,272,0002FJul 6, 2026New
Monthly235.31 m²$140,000$18,4109FJul 19, 2026Renewal
Jeonse177.76 m²$2,941,0007FJul 21, 2026New
Jeonse59.69 m²$1,287,0002FJul 23, 2026

Acro Seoul Forest (아크로서울포레스트)

Jeonse / Monthly Rent

TypeAreaDeposit (USD)Monthly Rent (USD)FloorContract DateContract Type
Monthly164.86 m²$350,000$21,01017FJul 9, 2026New

Galleria Foret (갤러리아포레)

Jeonse / Monthly Rent

TypeAreaDeposit (USD)Monthly Rent (USD)FloorContract DateContract Type
Jeonse168.37 m²$2,941,00041FJul 1, 2026New
Jeonse195.20 m²$3,361,00035FJul 13, 2026New

Ichon & Yeouido

Raemian Chelitus (래미안첼리투스)

Sale

AreaPrice (USD)FloorContract DateTransaction Type
124.02 m²$3,711,00042FJul 9, 2026Brokered

Jeonse / Monthly Rent

TypeAreaDeposit (USD)Monthly Rent (USD)FloorContract DateContract Type
Jeonse124.02 m²$1,751,00041FJul 15, 2026Renewal (tenant right exercised)

Daekyo (대교)

Sale

AreaPrice (USD)FloorContract DateTransaction Type
133.65 m²$2,731,0005FJul 13, 2026Brokered

Sambu (삼부)

Sale

AreaPrice (USD)FloorContract DateTransaction Type
92.13 m²$2,171,00010FJul 6, 2026Brokered

Apgujeong & Cheongdam

Sinhyundai 12cha (신현대12차)

Sale

AreaPrice (USD)FloorContract DateTransaction Type
182.95 m²$7,878,00011FJul 4, 2026Brokered
170.38 m²$6,513,0003FJul 4, 2026Brokered
182.95 m²$7,878,00010FJul 8, 2026Brokered

Jeonse / Monthly Rent

TypeAreaDeposit (USD)Monthly Rent (USD)FloorContract DateContract Type
Monthly110.82 m²$511,000$4205FJul 2, 2026Renewal
Jeonse182.95 m²$1,211,0007FJul 6, 2026Renewal (tenant right exercised)
Jeonse108.30 m²$595,0002FJul 11, 2026New
Jeonse155.52 m²$1,050,00013FJul 25, 2026New

Hyundai 1cha (Bldgs 12,13,21,22,31,32,33) (현대1차)

Sale

AreaPrice (USD)FloorContract DateTransaction Type
131.48 m²$4,622,0003FJul 7, 2026Brokered

Jeonse / Monthly Rent

TypeAreaDeposit (USD)Monthly Rent (USD)FloorContract DateContract Type
Jeonse162.94 m²$1,050,0001FJul 8, 2026New
Jeonse131.49 m²$846,00011FJul 16, 2026Renewal (tenant right exercised)

Hyundai 8cha / Seongsu Hyundai (Bldgs 91–95) (현대8차)

Sale

AreaPrice (USD)FloorContract DateTransaction Type
107.64 m²$3,992,00012FJul 8, 2026Brokered

Jeonse / Monthly Rent

TypeAreaDeposit (USD)Monthly Rent (USD)FloorContract DateContract Type
Jeonse111.50 m²$662,0005FJul 13, 2026Renewal (tenant right exercised)
Monthly107.64 m²$140,000$2,3104FJul 14, 2026New
Monthly111.50 m²$490,000$3507FJul 27, 2026Renewal
Monthly107.64 m²$140,000$1,7506FJul 30, 2026New

Hyundai 6cha (Bldgs 78–81,83,84,86,87) (현대6차)

Sale

AreaPrice (USD)FloorContract DateTransaction Type
144.70 m²$5,217,0008FJul 9, 2026Brokered

Jeonse / Monthly Rent

TypeAreaDeposit (USD)Monthly Rent (USD)FloorContract DateContract Type
Jeonse196.70 m²$2,661,0001FJul 6, 2026Renewal

Hyundai 14cha (Bldgs 203–206) (현대14차)

Sale

AreaPrice (USD)FloorContract DateTransaction Type
84.98 m²$4,104,0006FJul 11, 2026Brokered

Sinhyundai 11cha (신현대11차)

Sale

AreaPrice (USD)FloorContract DateTransaction Type
183.41 m²$7,353,0009FJul 13, 2026Brokered

Jeonse / Monthly Rent

TypeAreaDeposit (USD)Monthly Rent (USD)FloorContract DateContract Type
Jeonse183.41 m²$1,401,00012FJul 21, 2026Renewal (tenant right exercised)

Sinhyundai 9cha (신현대9차)

Sale

AreaPrice (USD)FloorContract DateTransaction Type
109.24 m²$4,552,00010FJul 13, 2026Brokered

Cheongdam Xi (청담자이)

Sale

AreaPrice (USD)FloorContract DateTransaction Type
89.36 m²$3,922,00035FJul 11, 2026Brokered

Jeonse / Monthly Rent

TypeAreaDeposit (USD)Monthly Rent (USD)FloorContract DateContract Type
Monthly49.62 m²$70,000$2,94016FJul 3, 2026Renewal (tenant right exercised)
Jeonse49.62 m²$770,00011FJul 7, 2026New
Jeonse49.62 m²$662,0005FJul 8, 2026Renewal (tenant right exercised)
Jeonse89.11 m²$1,176,0002FJul 10, 2026Renewal (tenant right exercised)
Jeonse49.62 m²$560,0005FJul 10, 2026New

Hyundai 5cha (Bldgs 71,72) (현대5차)

Jeonse / Monthly Rent

TypeAreaDeposit (USD)Monthly Rent (USD)FloorContract DateContract Type
Monthly82.23 m²$70,000$2,5209FJul 1, 2026New

Hyundai 4cha Low-rise (Bldgs 51–56) (현대4차저층)

Jeonse / Monthly Rent

TypeAreaDeposit (USD)Monthly Rent (USD)FloorContract DateContract Type
Jeonse117.91 m²$910,0002FJul 3, 2026New

Hyundai 7cha (Bldgs 73–77,82,85) (현대7차)

Jeonse / Monthly Rent

TypeAreaDeposit (USD)Monthly Rent (USD)FloorContract DateContract Type
Jeonse157.36 m²$956,00013FJul 4, 2026Renewal (tenant right exercised)
Jeonse157.36 m²$1,250,0005FJul 9, 2026Renewal (tenant right exercised)
Jeonse144.20 m²$980,0006FJul 10, 2026Renewal
Jeonse157.36 m²$1,190,00014FJul 23, 2026Renewal

Hyundai 13cha (Bldgs 208–211) (현대13차)

Jeonse / Monthly Rent

TypeAreaDeposit (USD)Monthly Rent (USD)FloorContract DateContract Type
Jeonse108.47 m²$735,00013FJul 4, 2026Renewal (tenant right exercised)
Jeonse105.45 m²$735,00012FJul 8, 2026New
Monthly108.47 m²$357,000$7703FJul 24, 2026Renewal

Hyundai 10cha (Bldgs 201,202) (현대10차)

Jeonse / Monthly Rent

TypeAreaDeposit (USD)Monthly Rent (USD)FloorContract DateContract Type
Jeonse108.15 m²$662,0001FJul 13, 2026Renewal (tenant right exercised)

Hyundai 3cha (Bldgs 61–64) (현대3차)

Jeonse / Monthly Rent

TypeAreaDeposit (USD)Monthly Rent (USD)FloorContract DateContract Type
Jeonse82.50 m²$595,00012FJul 13, 2026
Jeonse82.50 m²$581,0001FJul 13, 2026Renewal (tenant right exercised)
Jeonse82.50 m²$651,00010FJul 22, 2026Renewal
Monthly82.50 m²$70,000$2,1007FJul 28, 2026Renewal

Cheongdam Linden Grove (청담린든그로브)

Jeonse / Monthly Rent

TypeAreaDeposit (USD)Monthly Rent (USD)FloorContract DateContract Type
Monthly85.00 m²$700,000$1,9603FJul 6, 2026New
Monthly176.85 m²$38,000$12,6102FJul 27, 2026New

Samseong & Dogok

Tower Palace 3 (타워팰리스3)

Sale

AreaPrice (USD)FloorContract DateTransaction Type
157.28 m²$3,235,00018FJul 3, 2026Brokered

Jeonse / Monthly Rent

TypeAreaDeposit (USD)Monthly Rent (USD)FloorContract DateContract Type
Jeonse141.71 m²$2,101,00059FJul 10, 2026New
Monthly157.28 m²$700,000$4,20052FJul 24, 2026New

Tower Palace 1 (타워팰리스1)

Sale

AreaPrice (USD)FloorContract DateTransaction Type
164.95 m²$3,922,00025FJul 8, 2026Brokered
174.67 m²$4,307,00024FJul 9, 2026Brokered

Jeonse / Monthly Rent

TypeAreaDeposit (USD)Monthly Rent (USD)FloorContract DateContract Type
Jeonse164.97 m²$1,786,00033FJul 8, 2026Renewal
Monthly164.97 m²$630,000$4,89033FJul 10, 2026Renewal (tenant right exercised)
Jeonse84.16 m²$1,084,00033FJul 18, 2026Renewal
Jeonse137.24 m²$1,821,00024FJul 24, 2026New
Jeonse84.15 m²$941,00036FJul 31, 2026Renewal (tenant right exercised)

I-Park (아이파크)

Jeonse / Monthly Rent

TypeAreaDeposit (USD)Monthly Rent (USD)FloorContract DateContract Type
Monthly145.05 m²$350,000$9,24031FJul 1, 2026New
Jeonse156.86 m²$2,101,0008FJul 9, 2026Renewal

Tower Palace 2 (타워팰리스2)

Jeonse / Monthly Rent

TypeAreaDeposit (USD)Monthly Rent (USD)FloorContract DateContract Type
Monthly124.11 m²$805,000$2,38040FJul 2, 2026Renewal
Jeonse124.11 m²$1,324,00039FJul 3, 2026Renewal (tenant right exercised)
Jeonse115.63 m²$1,261,00035FJul 23, 2026Renewal

Banpo & Seocho

Raemian One Bailey (래미안원베일리)

Sale

AreaPrice (USD)FloorContract DateTransaction Type
116.95 m²$6,303,00025FJul 6, 2026Brokered
101.97 m²$4,832,0003FJul 6, 2026Brokered

Jeonse / Monthly Rent

TypeAreaDeposit (USD)Monthly Rent (USD)FloorContract DateContract Type
Monthly84.99 m²$630,000$3,8505FJul 1, 2026New
Monthly84.98 m²$140,000$5,0307FJul 1, 2026Renewal (tenant right exercised)
Monthly84.98 m²$700,000$2,73012FJul 4, 2026New
Jeonse101.97 m²$1,366,0002FJul 4, 2026New
Jeonse59.96 m²$1,066,00029FJul 4, 2026Renewal (tenant right exercised)
Monthly84.95 m²$350,000$4,76017FJul 6, 2026New
Monthly84.98 m²$735,000$3,6808FJul 7, 2026Renewal (tenant right exercised)
Monthly133.56 m²$490,000$14,0107FJul 8, 2026New
Jeonse101.96 m²$1,728,00015FJul 9, 2026Renewal (tenant right exercised)
Jeonse116.93 m²$2,381,00013FJul 10, 2026New
Jeonse133.95 m²$2,591,00029FJul 11, 2026New
Monthly116.93 m²$910,000$1,6803FJul 14, 2026Renewal
Jeonse116.92 m²$2,451,00015FJul 16, 2026New
Jeonse133.91 m²$2,390,00021FJul 16, 2026Renewal
Monthly84.97 m²$700,000$4,20024FJul 17, 2026New
Jeonse59.96 m²$1,225,00027FJul 17, 2026New
Monthly46.93 m²$350,000$1,75016FJul 18, 2026New
Jeonse84.98 m²$1,397,0002FJul 23, 2026Renewal (tenant right exercised)
Monthly59.96 m²$140,000$4,20028FJul 30, 2026New
Jeonse116.95 m²$2,276,00013FJul 30, 2026Renewal (tenant right exercised)

Acro River Park (아크로리버파크)

Sale

AreaPrice (USD)FloorContract DateTransaction Type
84.98 m²$3,571,0001FJul 10, 2026Brokered

Jeonse / Monthly Rent

TypeAreaDeposit (USD)Monthly Rent (USD)FloorContract DateContract Type
Monthly84.97 m²$560,000$3,50020FJul 1, 2026New
Monthly84.98 m²$560,000$2,8001FJul 1, 2026New
Jeonse84.95 m²$1,401,00037FJul 1, 2026New
Monthly154.97 m²$1,555,000$6,65026FJul 3, 2026Renewal
Jeonse112.96 m²$1,751,0005FJul 4, 2026Renewal
Monthly112.96 m²$560,000$4,2009FJul 6, 2026Renewal (tenant right exercised)
Jeonse84.95 m²$1,541,0009FJul 6, 2026New
Monthly129.92 m²$273,000$9,4506FJul 7, 2026Renewal
Jeonse59.97 m²$588,00015FJul 8, 2026Renewal
Jeonse59.97 m²$910,0004FJul 15, 2026New
Jeonse59.97 m²$497,00019FJul 22, 2026Renewal
Monthly59.98 m²$630,000$56016FJul 23, 2026New
Jeonse178.94 m²$1,751,00020FJul 26, 2026New
Jeonse178.94 m²$840,00020FJul 26, 2026New

Raemian One Pentas (래미안원펜타스)

Jeonse / Monthly Rent

TypeAreaDeposit (USD)Monthly Rent (USD)FloorContract DateContract Type
Monthly59.78 m²$105,000$4,34016FJul 6, 2026New
Jeonse59.78 m²$1,029,0007FJul 8, 2026Renewal (tenant right exercised)
Jeonse155.88 m²$3,361,00016FJul 9, 2026New
Monthly107.90 m²$560,000$6,16022FJul 13, 2026New
Jeonse59.78 m²$1,050,00025FJul 13, 2026Renewal (tenant right exercised)
Jeonse59.78 m²$956,00010FJul 14, 2026Renewal (tenant right exercised)
Jeonse59.78 m²$1,225,00019FJul 19, 2026New
Jeonse59.80 m²$683,00013FJul 22, 2026New
Jeonse59.78 m²$1,029,00023FJul 25, 2026Renewal (tenant right exercised)
Monthly59.78 m²$840,000$1,33016FJul 27, 2026New

Related: June 2026 Seoul Price Trends

Quiet Property  ·  Jin Kong
jin@quietproperty.kr

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