SEOUL COMMERCIAL AREA

강남구청역 Developed area

Gangnam-gu (강남구) 논현2동· Area 173,252 m² · Area code 3120203 · 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.

여관 2025 Q4 · Seoul data

Estimated sales (quarter)₩126.2M▲ +15.6% YoY
Stores6▲ +20.0% YoY
Sales per store₩21M▼ -3.6% YoY

Reading this area Estimated sales rose 15.6% from a year earlier, but stores rose 20.0%. The market grew, yet stores grew faster, so sales per store fell 3.6%. (descriptive pattern: Competition inflow)

Market change how size and per-store sales moved
Change 2021 Q1 → 2025 Q4
Estimated sales▲ +6.5%
Stores▼ -14.3%
Sales per store▲ +24.3%
Market size
Estimated sales (quarter)
₩126.2M
vs 2024Q4
+15.6%
Estimated transactions
1,529
Per-store economics
Estimated sales per store
₩21M
vs a year ago
-3.6%
Per transaction
₩83K
Quarter-by-quarter series (20 quarters)

Full series 2021 Q1 → 2025 Q4 · 20 quarters

Estimated sales (quarter)₩77.6M – ₩298.3M
20212022202320242025
₩118.5M₩126.2M
Stores5 – 7
20212022202320242025
76
Sales per store₩12.9M – ₩49.7M
20212022202320242025
₩16.9M₩21M
Openings0 – 1
20212022202320242025
00
Closings0 – 1
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 +15.6%, stores YoY +20.0%.

Competition change stores, openings, closings, franchise
Competition
Stores
6
vs a year ago
+20.0%
Franchise share
0% (0/6)
Movement
Openings (rate)
0 (0%)
Closings (rate)
0 (0%)
Net store change
±0
Estimated sales 2024 Q1 → 2025 Q4
₩111.5M₩126.2M
Stores 2024 Q1 → 2025 Q4
66
Sales per store 2024 Q1 → 2025 Q4
₩18.6M₩21M

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

Customers when and who (share of estimated sales)
Time of day
  • 00–0626%
  • 06–1113%
  • 11–1411%
  • 14–1710%
  • 17–2122%
  • 21–2418%
Age
  • 10s1%
  • 20s11%
  • 30s32%
  • 40s17%
  • 50s33%
  • 60+7%
Weekday / weekend
  • Weekday65%
  • Weekend35%
Day of week
  • Mon8%
  • Tue16%
  • Wed13%
  • Thu13%
  • Fri15%
  • Sat9%
  • Sun26%
Gender
  • Male80%
  • Female20%

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₩126.2M+15.6%6+20.0%₩21M-3.6%000%Competition inflow
2025Q3₩107.9M+8.5%6+20.0%₩18M-9.6%100%Competition inflow
2025Q2₩92.5M-12.1%5-16.7%₩18.5M+5.5%000%Shrinking
2025Q1₩107.9M-3.3%5-16.7%₩21.6M+16.1%000%Shrinking
2024Q4₩109.2M-21.7%5-16.7%₩21.8M-6.1%000%Shrinking
2024Q3₩99.5M-54.5%5-16.7%₩19.9M-45.4%010%Shrinking
2024Q2₩105.2M-64.7%60.0%₩17.5M-64.7%000%Mixed
2024Q1₩111.5M+43.7%60.0%₩18.6M+43.7%000%Growing
2023Q4₩139.5M-16.8%60.0%₩23.2M-16.8%000%Mixed
2023Q3₩218.6M+8.3%60.0%₩36.4M+8.3%000%Growing
2023Q2₩298.3M+86.2%60.0%₩49.7M+86.2%000%Growing
2023Q1₩77.6M-35.0%60.0%₩12.9M-35.0%000%Mixed
2022Q4₩167.6M+22.2%60.0%₩27.9M+22.2%000%Growing
2022Q3₩201.8M+72.6%60.0%₩33.6M+72.6%000%Growing
2022Q2₩160.2M+29.0%6-14.3%₩26.7M+50.5%000%Mixed
2022Q1₩119.4M+0.8%6-14.3%₩19.9M+17.5%000%Possible recovery
2021Q4₩137.2M6₩22.9M000%
2021Q3₩116.9M6₩19.5M010%
2021Q2₩124.2M7₩17.7M000%
2021Q1₩118.5M7₩16.9M000%
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.