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Reindeer. Real estate prices still decrease in the 1st quarter of 2025

Reindeer. Real estate prices still decrease in the 1st quarter of 2025
Reindeer. Real estate prices still decrease in the 1st quarter of 2025
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At the beginning of 2025, while the national estate is gradually resuming colors, the Breton capital displays, with Nantes, the strongest decline in price over one year among the 10 largest cities in the country (excluding Paris), respectively -1.2% and -6%. The same is true for sales times, according to Seloger who has just published his analysis of the real estate market of the two Capitals of the West. However, in recent months, buyers are more numerous.

Au 1is April 2025, the average price of the square meter of apartments in the city of Rennes amounts to € 3,772/m². This price, down 1, 2 % in the quarter and 0.5 % in March, still positions it as the fourth most expensive metropolis among the 10 largest cities in France (excluding Paris).

To explain the drop in prices still underway in Rennes, Seloger is interested in sales times. “” Among the 10 largest cities in France, Rennes is, in fact, the metropolitan area where the sales times have lengthest over a year, a sign of a lack of adequacy between the expectations of the sellers and the purchasing power of the buyers of the buyers. On the other hand, the group Specializing in the dissemination of real estate ads on the internet observe the Back of buyers with an increase up +8% over a year. “Ce Back of the request, by the way the offer of goods for sale which decreases at the same time of -17%. Despite increasing sales deadlines, these goods therefore find more easily taken. Conversely, the price of houses experiences an increase of +0.8% on the 1is quarter to establish yourself at € 4,404/m².

The city of Rennes knows different realities in terms of real estate price (all types of goods combined), with significant differences between the city center and its periphery. At the top of the most upscale districts, is The Center districtthe historic heart of Rennes, where the purchase in the paved streets near the Saint-Pierre cathedral in Rennes costs on average 4 518€/m². In second position in the , the prestigious district of Thabor-Saint Hélierwhich displays a price per square meter, reaching 4 458€. The neighborhood Count mill completes the trio of the most expensive neighborhoods of Rennes, with an average purchase cost of 4 206€/m².

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