(Seoul=News1) By reporter Choi Ji-hwan = According to the weekly apartment price trend by ##Korea Real Estate Board (REB)## on the 18th, Seoul apartment prices rise a cumulative 3.10% from the start of the year through the second week of May (as of the 11th), twice the pace of the 1.53% gain in the same period last year. The cumulative rise in Seoul apartment jeonse prices from January to April is 2.89%, about six times the same period a year ago. Monthly rents also rise 2.39%, more than four times the year-ago period. The photo shows a real estate agency office in Seoul that afternoon. May 18, 2026./Courtesy of News1

On the nationwide apartment transactions in June, nearly half were higher-price transactions. A higher-price transaction means a sale closed at a price higher than the previous transaction price for the same complex and size (or the average transaction price over the past year).

On July 13, ZIGBANG CO. analyzed apartment sale actual transaction data from the Ministry of Land, Infrastructure and Transport and found that the share of higher-price transactions among nationwide apartment sale transactions in June 2026 expanded to 47.3% from 45.7% in May, up 1.6 percentage points (p). The increase was driven largely by the Seoul metropolitan area, especially Seoul, where the share of higher-price transactions rose.

Across the Seoul metropolitan area, the share of higher-price transactions was 50.1%, up 3.5 percentage points from May (46.6%). The swing was largest in Seoul. Seoul's share of higher-price transactions rose 9.4 percentage points, from 47.7% in May to 57.1% in June. In May, only five districts had a share of higher-price transactions above 50%, but in June that expanded to 23 districts, excluding Gangnam and Gwangjin.

By district, Yongsan (+17.7 percentage points), Mapo (+15.8 percentage points), Jungnang (+15.5 percentage points), Seocho (+14.6 percentage points), Gwanak (+13.3 percentage points), Yeongdeungpo (+13.0 percentage points), Geumcheon (+12.4 percentage points), and Seongdong (+12.2 percentage points) saw the largest increases in the share of higher-price transactions. Notably, the expansion in the share of higher-price transactions was pronounced even in areas with a concentration of relatively mid- to low-priced apartments, such as Jungnang, Gwanak, Yeongdeungpo, and Geumcheon.

ZIGBANG CO. said, "The share of higher-price transactions has increased even in areas where the upward price trend had been relatively limited, and this appears to have brought changes to the transaction flow among areas within Seoul."

However, the number of transactions tallied so far in Seoul fell from 7,681 in May to 3,105 in June. Because additional transaction reports for June may be reflected later, it is necessary to watch the trend in the share of higher-price transactions while considering both changes in transaction volume and the composition of transactions.

In Gyeonggi Province overall, the share of higher-price transactions rose 3.0 percentage points, from 46.4% in May to 49.4% in June. Areas with large increases in the share of higher-price transactions included Gwacheon (+22.7 percentage points), Seongnam's Sujeong District (+20.1 percentage points), Gwangmyeong (+13.7 percentage points), Seongnam's Bundang District (10.7 percentage points), Suwon's Yeongtong District (+8.8 percentage points), and Hwaseong's Dongtan District (+8.6 percentage points).

However, except for Hwaseong's Dongtan District, other areas showed a pattern similar to Seoul, with the share of higher-price transactions expanding even as transaction volume fell about 30% to 70% from May. In Seongnam, Gwacheon, and Gwangmyeong, despite being regulated areas, relatively high-priced transactions appear to have continued due to a combination of factors such as accessibility to Seoul, a preference for new builds, and expectations for redevelopment projects and transportation network improvements. By contrast, Hwaseong's Dongtan District differed from other areas, with June transaction volume up 41% from the previous month and the share of higher-price transactions also expanding. As expectations continue over expanded investment in the semiconductor industry and changes in transportation conditions after the opening of GTX-A, both transaction volume and the share of higher-price transactions have increased.

In Incheon, the share of higher-price transactions in June was 44.1%, holding at a similar level to May (44.2%). No district exceeded a 50% share of higher-price transactions, but the share rose in some areas, led by Yeongjong District (48.2%‧+9.7 percentage points). Yeonsu (+1.9 percentage points), Seohae (+1.7 percentage points), and Bupyeong (+0.7 percentage points) saw only slight increases.

In the provinces, the share of higher-price transactions edged down 0.2 percentage points, from 44.5% in May to 44.3% in June. By region, Gangwon (46.6%·+3.5 percentage points), South Chungcheong (44.4%·+3.3 percentage points), Ulsan (46.1%·+2.7 percentage points), and North Gyeongsang (46.4%·+1.6 percentage points) saw slight increases in the share of higher-price transactions. Sejong (39.6%·+0.1 percentage points) and Daejeon (42.4%·+0.1 percentage points) held flat. By contrast, Gwangju, South Jeolla (44.7%·-0.2 percentage points), North Chungcheong (45.3%·-0.4 percentage points), South Gyeongsang (44.4%·-0.6 percentage points), and Busan (44.1%·-0.8 percentage points) posted only slight declines, while Daegu (42.3%·-3.3 percentage points) saw a relatively larger drop, and North Jeolla (43.4%·-4.6 percentage points) and Jeju (33.7%·-5.6 percentage points) recorded the sharpest declines.

Unlike the Seoul metropolitan area, the provinces saw mixed fortunes by region. The overall share of higher-price transactions in the provinces fell 0.2 percentage points from the previous month, showing little change, but while Gangwon rose 3.5 percentage points, Jeju fell 5.6 percentage points, widening the gap in changes to over 9 percentage points. Even within the broader provincial regions, market trends appear to have differed by area.

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