The number of applications for ownership transfer registrations due to voluntary auctions of multi-unit buildings in Seoul reached 264 in July. Guro District had the highest number of applications at 51, followed by Gangseo District with 47.
On September 3, real estate information app Jipum analyzed data from the Supreme Court's registration information portal, revealing that in July 2026, there were 264 applications for ownership transfer registrations for multi-unit buildings across Seoul's 25 districts. This marks an increase of 66 applications, or 33.3%, from the previous month’s total of 198. Compared to the same month last year, which had 230 applications, this represents an increase of 34 applications, or 14.8%.
This analysis focused on the number of properties applied for ownership transfer registrations due to 'sales from voluntary auctions' in the 25 districts of Seoul. The comparison period included July 2025, June 2026, and July 2026.
In July, Guro District led with 51 applications, followed by Gangseo District with 47, and Gwangjin, Songpa, and Yeongdeungpo districts each with 15 applications. The top five districts accounted for 143 applications, or 54.2% of the total 264 applications in Seoul.
Guro District also saw the largest increase compared to the previous month, rising from 13 applications in June to 51 in July, an increase of 38. Gangseo District increased from 14 to 47 applications during the same period, a rise of 33. Dongjak District went from 0 to 11 applications, while Gwangjin District increased from 5 to 15, and Yeongdeungpo District rose from 6 to 15.
Conversely, Songpa District experienced the largest decrease, dropping from 26 applications in June to 15 in July, a decline of 11. Gwanak District fell from 15 to 5 applications, a decrease of 10, and Yongsan District dropped from 7 to 0. Dongdaemun and Mapo districts also each saw a decrease of 7 applications.
Compared to the same month last year, Guro District's increase was particularly notable, rising from 10 applications in July 2022 to 51 in July 2023, an increase of 41. Gangseo District also saw an increase from 19 to 47 applications, a rise of 28. In contrast, Seongbuk District fell from 17 to 1 application, a decrease of 16, and Nowon District dropped from 21 to 6, a decline of 15.
As the overall number of applications for voluntary auction sales in Seoul increases, some districts are seeing a concentration of applications, highlighting the debt burden in the multi-unit building market and varying auction risks by region.
A representative from Jipum stated, “In July 2026, there were 264 applications for ownership transfer registrations for multi-unit buildings in Seoul, with Guro District having the highest at 51. It is important to analyze the trends by district, especially with the overall increase in Seoul and the decreases in Songpa, Gwanak, and Yongsan districts.”
* This article has been translated by AI.
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