SEOUL COMMERCIAL AREA

남대문시장(자유상가) Traditional market

Jung-gu (중구) 회현동· Area 78,068 m² · Area code 3130024 · 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)₩4,615.7M▲ +148.5% YoY
Stores103▼ -3.7% YoY
Sales per store₩44.8M▲ +158.1% YoY

Reading this area Against a year earlier, estimated sales +148.5%, stores -3.7% and sales per store +158.1% 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▲ +56.5%
Stores▼ -9.6%
Sales per store▲ +73.2%
Market size
Estimated sales (quarter)
₩4,615.7M
vs 2024Q4
+148.5%
Estimated transactions
6,233
Per-store economics
Estimated sales per store
₩44.8M
vs a year ago
+158.1%
Per transaction
₩741K
Quarter-by-quarter series (20 quarters)

Full series 2021 Q1 → 2025 Q4 · 20 quarters

Estimated sales (quarter)₩860.3M – ₩6,990.9M
20212022202320242025
₩2,949.6M₩4,615.7M
Stores102 – 118
20212022202320242025
114103
Sales per store₩7.8M – ₩60.3M
20212022202320242025
₩25.9M₩44.8M
Openings0 – 3
20212022202320242025
11
Closings0 – 4
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 +148.5%, stores YoY -3.7%.

Competition change stores, openings, closings, franchise
Competition
Stores
103
vs a year ago
-3.7%
Franchise share
0% (0/103)
Movement
Openings (rate)
1 (1%)
Closings (rate)
0 (0%)
Net store change
+1
Estimated sales 2024 Q1 → 2025 Q4
₩1,127.5M₩4,615.7M
Stores 2024 Q1 → 2025 Q4
110103
Sales per store 2024 Q1 → 2025 Q4
₩10.3M₩44.8M

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

Customers when and who (share of estimated sales)
Time of day
  • 00–060%
  • 06–112%
  • 11–1426%
  • 14–1733%
  • 17–2139%
  • 21–240%
Age
  • 10s0%
  • 20s0%
  • 30s42%
  • 40s0%
  • 50s4%
  • 60+53%
Weekday / weekend
  • Weekday60%
  • Weekend40%
Day of week
  • Mon12%
  • Tue9%
  • Wed24%
  • Thu2%
  • Fri13%
  • Sat40%
  • Sun0%
Gender
  • Male12%
  • Female88%

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₩4,615.7M+148.5%103-3.7%₩44.8M+158.1%100%Sales↑ · Stores↓ · Per store↑
2025Q3₩1,598.6M-44.7%102-3.8%₩15.7M-42.6%220%Sales↓ · Stores↓ · Per store↓
2025Q2₩1,703.5M-21.3%102-4.7%₩16.7M-17.4%010%Sales↓ · Stores↓ · Per store↓
2025Q1₩2,877M+155.2%103-6.4%₩27.9M+172.5%040%Sales↑ · Stores↓ · Per store↑
2024Q4₩1,857.6M+115.9%107-3.6%₩17.4M+124.0%100%Sales↑ · Stores↓ · Per store↑
2024Q3₩2,892.4M-2.6%106-6.2%₩27.3M+3.9%010%Sales→ · Stores↓ · Per store↑
2024Q2₩2,164.7M-9.2%107-4.5%₩20.2M-5.0%030%Sales↓ · Stores↓ · Per store↓
2024Q1₩1,127.5M-78.7%110-1.8%₩10.3M-78.4%120%Sales↓ · Stores→ · Per store↓
2023Q4₩860.3M-59.9%111-2.6%₩7.8M-58.9%020%Sales↓ · Stores→ · Per store↓
2023Q3₩2,968.2M+60.3%113-3.4%₩26.3M+66.0%210%Sales↑ · Stores↓ · Per store↑
2023Q2₩2,385.2M+18.1%112-4.3%₩21.3M+23.3%000%Sales↑ · Stores↓ · Per store↑
2023Q1₩5,303M+212.3%112-5.1%₩47.3M+229.0%020%Sales↑ · Stores↓ · Per store↑
2022Q4₩2,148M+13.5%114-1.7%₩18.8M+15.5%030%Sales↑ · Stores→ · Per store↑
2022Q3₩1,851.1M-73.5%117+0.9%₩15.8M-73.7%000%Sales↓ · Stores→ · Per store↓
2022Q2₩2,020.4M-63.3%117+1.7%₩17.3M-63.9%010%Sales↓ · Stores→ · Per store↓
2022Q1₩1,698.2M-42.4%118+3.5%₩14.4M-44.4%310%Sales↓ · Stores↑ · Per store↓
2021Q4₩1,892.2M116₩16.3M000%
2021Q3₩6,990.9M116₩60.3M100%
2021Q2₩5,500M115₩47.8M210%
2021Q1₩2,949.6M114₩25.9M100%
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.