SEOUL COMMERCIAL AREA

창덕궁 Neighbourhood area

Jongno-gu (종로구) 종로1·2·3·4가동· Area 40,999 m² · Area code 3110019 · Boundary 2023-10 (2023-10-20)

Quarterly statistics by industry that the Seoul commercial analysis service aggregates for this area. Top to bottom: three figures → reading → market change → competition change → customers → detailed data → sources and caveats.

Listed by the newest quarter's store count; not a rating or ranking.

시계및귀금속 2025 Q4 · Seoul data

Estimated sales (quarter)₩1,913.9M▲ +8.9% YoY
Stores46▲ +7.0% YoY
Sales per store₩41.6M▲ +1.8% YoY

Reading this area Against a year earlier, estimated sales +8.9%, stores +7.0% and sales per store +1.8% do not read in one direction. (descriptive pattern: Mixed)

Market change how size and per-store sales moved
Change 2021 Q1 → 2025 Q4
Estimated sales▲ +98.0%
Stores▲ +15.0%
Sales per store▲ +72.2%
Market size
Estimated sales (quarter)
₩1,913.9M
vs 2024Q4
+8.9%
Estimated transactions
2,638
Per-store economics
Estimated sales per store
₩41.6M
vs a year ago
+1.8%
Per transaction
₩726K
Quarter-by-quarter series (20 quarters)

Full series 2021 Q1 → 2025 Q4 · 20 quarters

Estimated sales (quarter)₩966.6M – ₩1,913.9M
20212022202320242025
₩966.6M₩1,913.9M
Stores40 – 46
20212022202320242025
4046
Sales per store₩24.2M – ₩42.9M
20212022202320242025
₩24.2M₩41.6M
Openings0 – 2
20212022202320242025
00
Closings0 – 2
20212022202320242025
00
Franchise share2% – 5%
20212022202320242025
3%2%

⚠ Dashed vertical line: the 2024 change of the city’s spatial unit. Keep it in mind when reading across it.

Lines join the values as recorded; a quarter without data breaks the line. Each chart is scaled to its own range. Latest sales YoY +8.9%, stores YoY +7.0%.

Competition change stores, openings, closings, franchise
Competition
Stores
46
vs a year ago
+7.0%
Franchise share
2% (1/46)
Movement
Openings (rate)
0 (0%)
Closings (rate)
0 (0%)
Net store change
±0
Estimated sales 2024 Q1 → 2025 Q4
₩1,533.9M₩1,913.9M
Stores 2024 Q1 → 2025 Q4
4446
Sales per store 2024 Q1 → 2025 Q4
₩34.9M₩41.6M

⚠ Vertical line: the 2024 change of the city's spatial unit

Customers when and who (share of estimated sales)
Time of day
  • 00–060%
  • 06–110%
  • 11–1444%
  • 14–1739%
  • 17–2117%
  • 21–240%
Age
  • 10s0%
  • 20s34%
  • 30s51%
  • 40s8%
  • 50s1%
  • 60+6%
Weekday / weekend
  • Weekday56%
  • Weekend44%
Day of week
  • Mon13%
  • Tue19%
  • Wed5%
  • Thu14%
  • Fri5%
  • Sat21%
  • Sun23%
Gender
  • Male70%
  • Female30%

Each split's share of estimated sales in 2025 Q4.

Detailed data every quarter, raw and derived
All quarters (20, from 2021 Q1)
QuarterEst. salesYoYStoresYoYPer storeYoYOpenCloseFranchisePattern
2025Q4₩1,913.9M+8.9%46+7.0%₩41.6M+1.8%002%Mixed
2025Q3₩1,854.5M+8.0%46+4.5%₩40.3M+3.3%202%Growing
2025Q2₩1,887.5M+2.0%440.0%₩42.9M+2.0%102%Mixed
2025Q1₩1,642.2M+7.1%43-2.3%₩38.2M+9.5%002%Growing
2024Q4₩1,757.5M+26.3%43-2.3%₩40.9M+29.3%012%Growing
2024Q3₩1,717.5M+34.8%44-2.2%₩39M+37.9%002%Growing
2024Q2₩1,850.3M+7.8%44-2.2%₩42.1M+10.3%002%Growing
2024Q1₩1,533.9M+16.5%440.0%₩34.9M+16.5%002%Growing
2023Q4₩1,391.3M-4.2%440.0%₩31.6M-4.2%012%Mixed
2023Q3₩1,274M-5.1%45+2.3%₩28.3M-7.2%002%Mixed
2023Q2₩1,716M+18.1%45+2.3%₩38.1M+15.5%102%Growing
2023Q1₩1,316.5M-1.2%44+2.3%₩29.9M-3.4%112%Mixed
2022Q4₩1,453M-3.6%44+4.8%₩33M-8.0%002%Possible crowding
2022Q3₩1,343M-16.0%44+10.0%₩30.5M-23.6%002%Possible crowding
2022Q2₩1,453M-5.7%44+10.0%₩33M-14.3%222%Possible crowding
2022Q1₩1,332.4M+37.8%43+7.5%₩31M+28.2%205%Growing
2021Q4₩1,507.4M42₩35.9M202%
2021Q3₩1,598.2M40₩40M113%
2021Q2₩1,540.7M40₩38.5M003%
2021Q1₩966.6M40₩24.2M003%
Sources and caveats

Seoul commercial-area boundaries (상권 영역) 2023-10-20·Seoul commercial-area store statistics (점포-상권) 2025-12-31·Seoul commercial-area estimated sales (추정매출-상권) 2025-12-31

Source: Seoul Metropolitan Government and Seoul Credit Guarantee Foundation, Seoul Commercial Analysis Service (KOGL type 1, attribution). NumLM Biz processes and analyses the original data.

Meaning & limits

Quarterly sales the city estimates from card data and area-level store statistics. Not actual takings, not the state of any shop, and a different count from the shops inside the radius. Industries are matched approximately to this site's types. The pattern names the direction of sales, stores and sales per store against a year earlier; it is not a score or a recommendation, and the same pattern can be read as opportunity or risk. Arrows show direction only, not good or bad.

⚠ Boundaries come from the 2023-10 file; in 2024 the Seoul service changed its spatial unit. The area codes are the same set in every year 2021–2025 here, but keep the change in mind when reading long series; the vertical line in the charts marks it.