Seoul apartment auction market 'overheating'… winning bid ratio hits highest level in four years

1. The average winning bid ratio for Seoul apartment auctions in 2025 was 97.3%, the highest level since 2021, in four years.
2. According to GG Auction's tally, the ratio exceeded 100% for three consecutive months, from October to December, and Seongdong-gu had the highest average at 110.5% among the city's 25 districts.
3. As regulations such as the land transaction permit system reduced regular sales, demand shifted to auctions, and Lee Ju-hyeon, a senior researcher at GG Auction, analyzed that the trend could change depending on policy shifts around the general election.

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