SEOUL COMMERCIAL AREA

평화시장(남평화시장, 제일평화시장, 신평화패션타운) Traditional market

Jung-gu (중구) 신당동· Area 36,213 m² · Area code 3130327 · 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.

신발 2025 Q4 · Seoul data

Estimated sales (quarter)₩352.2M▲ +70.5% YoY
Stores35▼ -5.4% YoY
Sales per store₩10.1M▲ +80.3% YoY

Reading this area Against a year earlier, estimated sales +70.5%, stores -5.4% and sales per store +80.3% 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▲ +130.3%
Stores▼ -32.7%
Sales per store▲ +242.1%
Market size
Estimated sales (quarter)
₩352.2M
vs 2024Q4
+70.5%
Estimated transactions
1,245
Per-store economics
Estimated sales per store
₩10.1M
vs a year ago
+80.3%
Per transaction
₩283K
Quarter-by-quarter series (20 quarters)

Full series 2021 Q1 → 2025 Q4 · 20 quarters

Estimated sales (quarter)₩79.2M – ₩562.1M
20212022202320242025
₩153M₩352.2M
Stores35 – 52
20212022202320242025
5235
Sales per store₩1.6M – ₩11.5M
20212022202320242025
₩2.9M₩10.1M
Openings0 – 4
20212022202320242025
40
Closings0 – 3
20212022202320242025
30
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 +70.5%, stores YoY -5.4%.

Competition change stores, openings, closings, franchise
Competition
Stores
35
vs a year ago
-5.4%
Franchise share
0% (0/35)
Movement
Openings (rate)
0 (0%)
Closings (rate)
0 (0%)
Net store change
±0
Estimated sales 2024 Q1 → 2025 Q4
₩80.3M₩352.2M
Stores 2024 Q1 → 2025 Q4
4335
Sales per store 2024 Q1 → 2025 Q4
₩1.9M₩10.1M

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

Customers when and who (share of estimated sales)
Time of day
  • 00–060%
  • 06–1139%
  • 11–1446%
  • 14–1716%
  • 17–210%
  • 21–240%
Age
  • 10s0%
  • 20s0%
  • 30s65%
  • 40s4%
  • 50s1%
  • 60+29%
Weekday / weekend
  • Weekday96%
  • Weekend4%
Day of week
  • Mon37%
  • Tue46%
  • Wed7%
  • Thu4%
  • Fri2%
  • Sat4%
  • Sun0%
Gender
  • Male66%
  • Female34%

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₩352.2M+70.5%35-5.4%₩10.1M+80.3%000%Sales↑ · Stores↓ · Per store↑
2025Q3₩220.9M+122.4%35-12.5%₩6.3M+154.2%010%Sales↑ · Stores↓ · Per store↑
2025Q2₩139.2M-17.6%36-16.3%₩3.9M-1.6%000%Sales↓ · Stores↓ · Per store→
2025Q1₩211.5M+163.6%36-16.3%₩5.9M+214.8%010%Sales↑ · Stores↓ · Per store↑
2024Q4₩206.6M-35.4%37-14.0%₩5.6M-24.9%030%Sales↓ · Stores↓ · Per store↓
2024Q3₩99.3M-50.0%40-7.0%₩2.5M-46.3%030%Sales↓ · Stores↓ · Per store↓
2024Q2₩169.1M-32.1%430.0%₩3.9M-32.1%000%Sales↓ · Stores→ · Per store↓
2024Q1₩80.3M-61.9%430.0%₩1.9M-61.9%000%Sales↓ · Stores→ · Per store↓
2023Q4₩319.7M+23.2%43-2.3%₩7.4M+26.1%000%Sales↑ · Stores→ · Per store↑
2023Q3₩198.8M-19.3%43-6.5%₩4.6M-13.7%000%Sales↓ · Stores↓ · Per store↓
2023Q2₩248.8M-55.7%43-12.2%₩5.8M-49.5%110%Sales↓ · Stores↓ · Per store↓
2023Q1₩210.5M+165.9%43-12.2%₩4.9M+203.0%010%Sales↑ · Stores↓ · Per store↑
2022Q4₩259.4M-19.9%44-10.2%₩5.9M-10.8%020%Sales↓ · Stores↓ · Per store↓
2022Q3₩246.5M+22.1%46-8.0%₩5.4M+32.7%030%Sales↑ · Stores↓ · Per store↑
2022Q2₩562.1M+167.5%49-3.9%₩11.5M+178.4%000%Sales↑ · Stores↓ · Per store↑
2022Q1₩79.2M-48.2%49-5.8%₩1.6M-45.1%000%Sales↓ · Stores↓ · Per store↓
2021Q4₩324M49₩6.6M010%
2021Q3₩201.8M50₩4M010%
2021Q2₩210.1M51₩4.1M010%
2021Q1₩153M52₩2.9M430%
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.