The number of Seoul districts where more than half of apartment transactions closed above the previous sale price jumped from five to 23 in a single month, according to a new analysis. The share of such "rising transactions" also grew in Gyeonggi Province, pushing the nationwide figure higher.
Real estate platform Zigbang said Monday that its analysis of Ministry of Land, Infrastructure and Transport apartment transaction data showed the nationwide share of rising deals expanded 1.6 percentage points — from 45.7 percent in May to 47.3 percent in June 2026.
Seoul recorded the sharpest swing. The capital's rising-transaction share climbed 9.4 percentage points, from 47.7 percent in May to 57.1 percent in June. Among individual districts, Yongsan-gu posted the largest gain (up 17.7 percentage points), followed by Mapo-gu (up 15.8 points), Jungnang-gu (up 15.5 points), Seocho-gu (up 14.6 points), Gwanak-gu (up 13.3 points), Yeongdeungpo-gu (up 13.0 points), Geumcheon-gu (up 12.4 points) and Seongdong-gu (up 12.2 points).
"The expansion of rising-transaction share was also notable in areas concentrated with relatively mid-to-low-priced apartments, such as Jungnang-gu, Gwanak-gu, Yeongdeungpo-gu and Geumcheon-gu," a Zigbang official said. "The rising-deal share has spread to areas where price gains had previously been relatively limited, signaling a shift in transaction trends across Seoul's districts."
![Trend in the share of nationwide apartment rising transactions. [Zigbang]](https://wimg.heraldcorp.com/news/cms/2026/07/13/news-p.v1.20260713.750591b22cb24f09b05afcaea9d1fcb5_P1.png)
Zigbang added that the trend warrants continued monitoring, noting that Seoul's recorded transaction volume fell from 7,681 cases in May to 3,105 in June and that additional transaction filings may still be reflected in the data.
The Greater Seoul area's overall rising-transaction share reached 50.1 percent, up 3.5 percentage points from May's 46.6 percent. In Gyeonggi Province, the share rose 3.0 percentage points, from 46.4 percent in May to 49.4 percent in June. Areas posting the largest gains in rising-transaction share included Gwacheon (up 22.7 percentage points), Seongnam's Sujeong-gu (up 20.1 points), Gwangmyeong (up 13.7 points), Seongnam's Bundang-gu (up 10.7 points), Suwon's Yeongtong-gu (up 8.8 points) and Hwaseong's Dongtan-gu (up 8.6 points).
![Rising-transaction share by region in Greater Seoul and trend in Seoul's rising-transaction share. [Zigbang]](https://wimg.heraldcorp.com/news/cms/2026/07/13/news-p.v1.20260713.4d7a90885e2a45808c3ff89c57639d84_P1.png)
All areas except Hwaseong's Dongtan-gu saw transaction volumes fall roughly 30 to 70 percent from May, yet their rising-transaction shares still expanded — a pattern similar to Seoul's. Zigbang attributed the trend in Seongnam, Gwacheon and Gwangmyeong to continued demand for higher-priced deals despite their status as existing regulated zones, driven by proximity to Seoul, preference for newer buildings, and expectations tied to redevelopment projects and improved transport links.
Dongtan-gu in Hwaseong stood apart: its June transaction volume rose 41 percent from the previous month while its rising-transaction share also expanded. "Transaction volume and the rising-deal share are both growing amid continued expectations surrounding expanded semiconductor industry investment and changes in transport conditions following the opening of the GTX-A line," a Zigbang official said. Incheon's rising-transaction share in June came in at 44.1 percent, roughly unchanged from May's 44.2 percent.
Outside the capital region, the rising-transaction share edged down 0.2 percentage points, from 44.5 percent in May to 44.3 percent in June. Gangwon Province (46.6 percent, up 3.5 points), South Chungcheong Province (44.4 percent, up 3.3 points), Ulsan (46.1 percent, up 2.7 points) and North Gyeongsang Province (46.4 percent, up 1.6 points) all posted gains. Declines were recorded in South Jeolla Province and Gwangju (44.7 percent, down 0.2 points), North Chungcheong Province (45.3 percent, down 0.4 points), South Gyeongsang Province (44.4 percent, down 0.6 points), Busan (44.1 percent, down 0.8 points), Daegu (42.3 percent, down 3.3 points), North Jeolla Province (43.4 percent, down 4.6 points) and Jeju (33.7 percent, down 5.6 points).
Sejong (39.6 percent, up 0.1 points) and Daejeon (42.4 percent, up 0.1 points) were broadly flat.
"Regional temperature differences outside the capital are significant, so the key question is whether these divergences will persist as transaction volumes recover," a Zigbang official said. "In Seoul, the currently recorded transaction volume is lower than in May, and the price ranges and transaction composition vary by district, so it remains to be seen whether this trend will translate into a broader market-wide upswing."
Potential policy changes — including tighter regulations and tax reform — also represent a variable that could affect second-half transactions. The government recently designated Hwaseong's Dongtan, Yongin's Giheung and Guri as speculative overheating districts and areas subject to adjustment, and is set to hold a real estate forum and announce a tax reform proposal on July 23.
hope@heraldcorp.com
