Sellers in their 50s outnumbered every other age group among those who filed to transfer ownership of multi-unit buildings in Seoul last month. They accounted for one in four sellers citywide, with Songpa District recording the highest number of sellers in that age group.
A total of 16,126 people were listed as sellers in ownership transfer filings for property sales involving multi-unit buildings (apartments, officetels and commercial units) across Seoul's 25 districts in August, according to an analysis of Supreme Court registration data by Zippum, a real estate information app, released on the 15th. That was up 448, or 2.9%, from 15,678 in July, but down 1,812, or 10.1%, from 17,938 in the same month a year earlier.
By age, those aged 50 to 59 formed the largest group at 4,070, or 25.2% of all sellers in Seoul. They were followed by those aged 60 to 69 at 3,690, those aged 40 to 49 at 3,557, and those aged 70 and over at 2,846.
Among districts, Songpa had the most sellers at 1,446, followed by Nowon at 1,124, Gangnam at 1,011, Gangdong at 904 and Gangseo at 866. The top five districts together accounted for 5,351 sellers, or 33.2% of the citywide total.
Songpa also stood out among sellers in their 50s. The district recorded 361 sellers aged 50 to 59, the most among the 25 districts, followed by Nowon with 345, Gangnam with 293, Eunpyeong with 242 and Seongbuk with 222.
Gangdong posted the largest month-on-month increase, rising by 187 to 904 in August from 717 in July. Yeongdeungpo added 182 sellers, Songpa 170, Seocho 165 and Mapo 91. Gangseo, by contrast, saw the steepest decline in the city, falling by 171 to 866 from 1,037 over the same period.
The data counts, by age group, individuals listed as sellers in ownership transfer filings submitted on the grounds of a sale. The analysis covers multi-unit buildings in Seoul's 25 districts.
"Among sellers in filings for multi-unit building sales in Seoul in August, those aged 50 to 59 were the most numerous at 4,070, and in Songpa this age group was also the largest at 361," an official at Zippum said. "Looking at the age composition for Seoul as a whole alongside individual districts shows how the makeup of sellers differs by area."
