SEOUL COMMERCIAL AREA

명동역(명동재미로) Developed area

Jung-gu (중구) 명동· Area 157,156 m² · Area code 3120027 · 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.

가방 2025 Q4 · Seoul data

Estimated sales (quarter)₩242M▲ +10.5% YoY
Stores39▼ -4.9% YoY
Sales per store₩6.2M▲ +16.1% YoY

Reading this area Against a year earlier, estimated sales +10.5%, stores -4.9% and sales per store +16.1% do not read in one direction. (vs a year earlier: Sales↑ · Stores↓ · Per store↑)

Market change how size and per-store sales moved
Change 2021 Q1 → 2025 Q4
Estimated sales▲ +37.0%
Stores▼ -11.4%
Sales per store▲ +54.6%
Market size
Estimated sales (quarter)
₩242M
vs 2024Q4
+10.5%
Estimated transactions
4,961
Per-store economics
Estimated sales per store
₩6.2M
vs a year ago
+16.1%
Per transaction
₩49K
Quarter-by-quarter series (20 quarters)

Full series 2021 Q1 → 2025 Q4 · 20 quarters

Estimated sales (quarter)₩71.8M – ₩760.6M
20212022202320242025
₩176.6M₩242M
Stores39 – 44
20212022202320242025
4439
Sales per store₩1.8M – ₩18.1M
20212022202320242025
₩4M₩6.2M
Openings0 – 2
20212022202320242025
10
Closings0 – 1
20212022202320242025
11
Franchise share0% – 0%
20212022202320242025
0%0%

⚠ 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 +10.5%, stores YoY -4.9%.

Competition change stores, openings, closings, franchise
Competition
Stores
39
vs a year ago
-4.9%
Franchise share
0% (0/39)
Movement
Openings (rate)
0 (0%)
Closings (rate)
1 (3%)
Net store change
−1
Estimated sales 2024 Q1 → 2025 Q4
₩237.2M₩242M
Stores 2024 Q1 → 2025 Q4
4139
Sales per store 2024 Q1 → 2025 Q4
₩5.8M₩6.2M

⚠ 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%
  • 11–1426%
  • 14–1754%
  • 17–2117%
  • 21–243%
Age
  • 10s0%
  • 20s6%
  • 30s21%
  • 40s10%
  • 50s28%
  • 60+35%
Weekday / weekend
  • Weekday89%
  • Weekend11%
Day of week
  • Mon8%
  • Tue6%
  • Wed7%
  • Thu20%
  • Fri48%
  • Sat11%
  • Sun0%
Gender
  • Male26%
  • Female74%

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 storeYoYOpenCloseFranchiseVs a year earlier
2025Q4₩242M+10.5%39-4.9%₩6.2M+16.1%010%Sales↑ · Stores↓ · Per store↑
2025Q3₩109.1M+51.9%40-2.4%₩2.7M+55.7%000%Sales↑ · Stores→ · Per store↑
2025Q2₩142.4M+36.5%40-2.4%₩3.6M+39.9%010%Sales↑ · Stores→ · Per store↑
2025Q1₩116.7M-50.8%410.0%₩2.8M-50.8%000%Sales↓ · Stores→ · Per store↓
2024Q4₩219.1M+37.1%410.0%₩5.3M+37.1%000%Sales↑ · Stores→ · Per store↑
2024Q3₩71.8M-4.6%410.0%₩1.8M-4.6%000%Sales↓ · Stores→ · Per store↓
2024Q2₩104.3M-66.6%410.0%₩2.5M-66.6%000%Sales↓ · Stores→ · Per store↓
2024Q1₩237.2M+77.5%41-2.4%₩5.8M+81.8%000%Sales↑ · Stores→ · Per store↑
2023Q4₩159.8M-79.0%41-2.4%₩3.9M-78.5%000%Sales↓ · Stores→ · Per store↓
2023Q3₩75.3M-45.0%41-2.4%₩1.8M-43.6%110%Sales↓ · Stores→ · Per store↓
2023Q2₩311.9M-13.2%41-4.7%₩7.6M-8.9%010%Sales↓ · Stores↓ · Per store↓
2023Q1₩133.6M-61.9%42-2.3%₩3.2M-61.0%110%Sales↓ · Stores→ · Per store↓
2022Q4₩760.6M+100.4%420.0%₩18.1M+100.4%000%Sales↑ · Stores→ · Per store↑
2022Q3₩136.8M+79.4%42-2.3%₩3.3M+83.7%010%Sales↑ · Stores→ · Per store↑
2022Q2₩359.1M+260.9%43-2.3%₩8.4M+269.3%000%Sales↑ · Stores→ · Per store↑
2022Q1₩350.6M+98.5%43-2.3%₩8.2M+103.1%210%Sales↑ · Stores→ · Per store↑
2021Q4₩379.6M42₩9M010%
2021Q3₩76.3M43₩1.8M010%
2021Q2₩99.5M44₩2.3M110%
2021Q1₩176.6M44₩4M110%
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.