SEOUL COMMERCIAL AREA

명동역(명동재미로) 발달상권

중구명동· 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.

화초 2025 Q4 · Seoul data

Estimated sales (quarter)₩178.7M▼ -30.7% YoY
Stores11▼ -8.3% YoY
Sales per store₩16.2M▼ -24.4% YoY

Reading this area Estimated sales fell 30.7% from a year earlier and stores fell 8.3%. Sales per store are down 24.4%. (descriptive pattern: Shrinking)

Market change how size and per-store sales moved
Change 2021 Q1 → 2025 Q4
Estimated sales▼ -49.0%
Stores▲ +10.0%
Sales per store▼ -53.7%
Market size
Estimated sales (quarter)
₩178.7M
vs 2024Q4
-30.7%
Estimated transactions
3,596
Per-store economics
Estimated sales per store
₩16.2M
vs a year ago
-24.4%
Per transaction
₩50K
Quarter-by-quarter series (20 quarters)

Full series 2021 Q1 → 2025 Q4 · 20 quarters

Estimated sales (quarter)₩116.6M – ₩389M
20212022202320242025
₩350.7M₩178.7M
Stores10 – 13
20212022202320242025
1011
Sales per store₩9.7M – ₩35.4M
20212022202320242025
₩35.1M₩16.2M
Openings0 – 3
20212022202320242025
01
Closings0 – 2
20212022202320242025
02
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 -30.7%, stores YoY -8.3%.

Competition change stores, openings, closings, franchise
Competition
Stores
11
vs a year ago
-8.3%
Franchise share
0% (0/11)
Movement
Openings (rate)
1 (9%)
Closings (rate)
2 (18%)
Net store change
−1
Estimated sales 2024 Q1 → 2025 Q4
₩316.4M₩178.7M
Stores 2024 Q1 → 2025 Q4
1211
Sales per store 2024 Q1 → 2025 Q4
₩26.4M₩16.2M

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

Customers when and who (share of estimated sales)
Time of day
  • 00–060%
  • 06–119%
  • 11–1411%
  • 14–1742%
  • 17–2138%
  • 21–240%
Age
  • 10s0%
  • 20s9%
  • 30s38%
  • 40s17%
  • 50s12%
  • 60+24%
Weekday / weekend
  • Weekday87%
  • Weekend13%
Day of week
  • Mon2%
  • Tue15%
  • Wed48%
  • Thu11%
  • Fri10%
  • Sat12%
  • Sun1%
Gender
  • Male39%
  • Female61%

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₩178.7M-30.7%11-8.3%₩16.2M-24.4%120%Shrinking
2025Q3₩155.2M+33.0%120.0%₩12.9M+33.0%000%Growing
2025Q2₩145M-49.7%120.0%₩12.1M-49.7%000%Mixed
2025Q1₩189.9M-40.0%120.0%₩15.8M-40.0%000%Mixed
2024Q4₩258M+15.4%12-7.7%₩21.5M+25.0%000%Mixed
2024Q3₩116.6M-25.5%12-7.7%₩9.7M-19.3%000%Shrinking
2024Q2₩288.3M+23.8%12-7.7%₩24M+34.2%000%Mixed
2024Q1₩316.4M-3.9%12-7.7%₩26.4M+4.1%010%Shrinking
2023Q4₩223.6M-41.6%130.0%₩17.2M-41.6%000%Mixed
2023Q3₩156.6M+24.0%130.0%₩12M+24.0%000%Growing
2023Q2₩232.8M-8.1%13+18.2%₩17.9M-22.2%000%Possible crowding
2023Q1₩329.4M+30.1%13+18.2%₩25.3M+10.1%110%Growing
2022Q4₩382.7M+10.3%13+18.2%₩29.4M-6.6%000%Competition inflow
2022Q3₩126.3M-39.5%130.0%₩9.7M-39.5%200%Mixed
2022Q2₩253.2M-34.9%110.0%₩23M-34.9%000%Mixed
2022Q1₩253.1M-27.8%11+10.0%₩23M-34.4%000%Possible crowding
2021Q4₩346.8M11₩31.5M020%
2021Q3₩208.9M13₩16.1M310%
2021Q2₩389M11₩35.4M100%
2021Q1₩350.7M10₩35.1M000%
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.