SEOUL COMMERCIAL AREA

이태원(이태원역) Developed area

Yongsan-gu (용산구) 이태원1동· Area 283,429 m² · Area code 3120046 · 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)₩148.3M▼ -68.4% YoY
Stores12▼ -7.7% YoY
Sales per store₩12.4M▼ -65.8% YoY

Reading this area Estimated sales fell 68.4% from a year earlier and stores fell 7.7%. Sales per store are down 65.8%. (descriptive pattern: Shrinking)

Market change how size and per-store sales moved
Change 2021 Q1 → 2025 Q4
Estimated sales▼ -30.3%
Stores▼ -20.0%
Sales per store▼ -12.8%
Market size
Estimated sales (quarter)
₩148.3M
vs 2024Q4
-68.4%
Estimated transactions
243
Per-store economics
Estimated sales per store
₩12.4M
vs a year ago
-65.8%
Per transaction
₩610K
Quarter-by-quarter series (20 quarters)

Full series 2021 Q1 → 2025 Q4 · 20 quarters

Estimated sales (quarter)₩100.8M – ₩553.4M
20212022202320242025
₩212.7M₩148.3M
Stores12 – 16
20212022202320242025
1512
Sales per store₩8.4M – ₩42.6M
20212022202320242025
₩14.2M₩12.4M
Openings0 – 1
20212022202320242025
00
Closings0 – 2
20212022202320242025
00
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 -68.4%, stores YoY -7.7%.

Competition change stores, openings, closings, franchise
Competition
Stores
12
vs a year ago
-7.7%
Franchise share
0% (0/12)
Movement
Openings (rate)
0 (0%)
Closings (rate)
0 (0%)
Net store change
±0
Estimated sales 2024 Q1 → 2025 Q4
₩244.7M₩148.3M
Stores 2024 Q1 → 2025 Q4
1312
Sales per store 2024 Q1 → 2025 Q4
₩18.8M₩12.4M

⚠ 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%
  • 11–1414%
  • 14–1767%
  • 17–2120%
  • 21–240%
Age
  • 10s0%
  • 20s0%
  • 30s0%
  • 40s19%
  • 50s49%
  • 60+31%
Weekday / weekend
  • Weekday62%
  • Weekend38%
Day of week
  • Mon13%
  • Tue22%
  • Wed27%
  • Thu0%
  • Fri0%
  • Sat31%
  • Sun7%
Gender
  • Male64%
  • Female36%

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₩148.3M-68.4%12-7.7%₩12.4M-65.8%000%Shrinking
2025Q3₩100.8M-81.8%12-7.7%₩8.4M-80.3%010%Shrinking
2025Q2₩418.3M+95.9%130.0%₩32.2M+95.9%010%Growing
2025Q1₩205.9M-15.9%14+7.7%₩14.7M-21.9%100%Possible crowding
2024Q4₩470M+100.1%13-7.1%₩36.2M+115.5%000%Mixed
2024Q3₩553.4M+17.1%13-7.1%₩42.6M+26.1%000%Mixed
2024Q2₩213.5M-31.5%13-13.3%₩16.4M-20.9%000%Shrinking
2024Q1₩244.7M-23.6%13-13.3%₩18.8M-11.9%120%Shrinking
2023Q4₩234.9M-55.0%14-12.5%₩16.8M-48.6%000%Shrinking
2023Q3₩472.7M+22.3%14-12.5%₩33.8M+39.8%010%Mixed
2023Q2₩311.6M-38.4%15-6.3%₩20.8M-34.3%000%Shrinking
2023Q1₩320.4M-9.9%15-6.3%₩21.4M-3.9%010%Shrinking
2022Q4₩521.8M+101.3%160.0%₩32.6M+101.3%000%Growing
2022Q3₩386.5M-15.2%160.0%₩24.2M-15.2%000%Mixed
2022Q2₩505.7M+45.0%160.0%₩31.6M+45.0%110%Growing
2022Q1₩355.8M+67.3%16+6.7%₩22.2M+56.8%000%Growing
2021Q4₩259.2M16₩16.2M000%
2021Q3₩455.9M16₩28.5M000%
2021Q2₩348.8M16₩21.8M100%
2021Q1₩212.7M15₩14.2M000%
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.