SEOUL COMMERCIAL AREA

명동(명동거리) 발달상권

중구명동· Area 221,515 m² · Area code 3120028 · 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)₩1,307.6M▲ +13.2% YoY
Stores47▼ -2.1% YoY
Sales per store₩27.8M▲ +15.6% YoY

Reading this area Estimated sales rose 13.2% from a year earlier while stores were about the same at -2.1%, so sales per store also rose 15.6%. (descriptive pattern: Growing)

Market change how size and per-store sales moved
Change 2021 Q1 → 2025 Q4
Estimated sales▲ +27.3%
Stores▼ -11.3%
Sales per store▲ +43.5%
Market size
Estimated sales (quarter)
₩1,307.6M
vs 2024Q4
+13.2%
Estimated transactions
23,192
Per-store economics
Estimated sales per store
₩27.8M
vs a year ago
+15.6%
Per transaction
₩56K
Quarter-by-quarter series (20 quarters)

Full series 2021 Q1 → 2025 Q4 · 20 quarters

Estimated sales (quarter)₩1,027.3M – ₩1,389.9M
20212022202320242025
₩1,027.3M₩1,307.6M
Stores47 – 53
20212022202320242025
5347
Sales per store₩19.4M – ₩29M
20212022202320242025
₩19.4M₩27.8M
Openings0 – 4
20212022202320242025
02
Closings0 – 4
20212022202320242025
23
Franchise share2% – 4%
20212022202320242025
2%4%

⚠ 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 +13.2%, stores YoY -2.1%.

Competition change stores, openings, closings, franchise
Competition
Stores
47
vs a year ago
-2.1%
Franchise share
4% (2/47)
Movement
Openings (rate)
2 (4%)
Closings (rate)
3 (6%)
Net store change
−1
Estimated sales 2024 Q1 → 2025 Q4
₩1,226M₩1,307.6M
Stores 2024 Q1 → 2025 Q4
4747
Sales per store 2024 Q1 → 2025 Q4
₩26.1M₩27.8M

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

Customers when and who (share of estimated sales)
Time of day
  • 00–060%
  • 06–111%
  • 11–1422%
  • 14–1730%
  • 17–2138%
  • 21–249%
Age
  • 10s2%
  • 20s32%
  • 30s24%
  • 40s17%
  • 50s18%
  • 60+8%
Weekday / weekend
  • Weekday64%
  • Weekend36%
Day of week
  • Mon9%
  • Tue16%
  • Wed11%
  • Thu10%
  • Fri18%
  • Sat18%
  • Sun17%
Gender
  • Male32%
  • Female68%

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₩1,307.6M+13.2%47-2.1%₩27.8M+15.6%234%Growing
2025Q3₩1,270.7M-3.4%480.0%₩26.5M-3.4%124%Mixed
2025Q2₩1,145.3M-17.6%49+2.1%₩23.4M-19.3%124%Mixed
2025Q1₩1,144.1M-6.7%50+6.4%₩22.9M-12.3%314%Possible crowding
2024Q4₩1,155.6M-10.6%48-2.0%₩24.1M-8.7%334%Mixed
2024Q3₩1,315.1M+8.2%48-2.0%₩27.4M+10.4%114%Growing
2024Q2₩1,389.9M+1.9%48-5.9%₩29M+8.3%104%Possible recovery
2024Q1₩1,226M+8.6%47-9.6%₩26.1M+20.1%244%Mixed
2023Q4₩1,292M+4.2%49-7.5%₩26.4M+12.7%114%Mixed
2023Q3₩1,215.6M-3.0%49-3.9%₩24.8M+0.9%024%Shrinking
2023Q2₩1,364.2M+19.5%510.0%₩26.7M+19.5%014%Growing
2023Q1₩1,129.1M+6.0%52+4.0%₩21.7M+1.9%234%Mixed
2022Q4₩1,239.9M+3.3%53+3.9%₩23.4M-0.6%204%Mixed
2022Q3₩1,253.8M+15.6%510.0%₩24.6M+15.6%224%Growing
2022Q2₩1,141.5M+2.0%510.0%₩22.4M+2.0%434%Mixed
2022Q1₩1,065.4M+3.7%50-5.7%₩21.3M+9.9%014%Mixed
2021Q4₩1,200.1M51₩23.5M104%
2021Q3₩1,084.1M51₩21.3M002%
2021Q2₩1,119.3M51₩21.9M022%
2021Q1₩1,027.3M53₩19.4M022%
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.