Property prices in Toulon have now reached 3,473 euros per m², according to the exclusive Bien’Ici barometer for BFM Immo.
Toulon real estate has been down for several months and the average price has now reached 3,473 euros per m² in September (price displayed in advertisements before negotiation), according to figures from our partner Bien’Ici*. Over one month, prices have fallen by 0.5% and, over one year, they have decreased by 4.5%.
On the rental side, prices are stable. Thus, the average price of a rental comes to 16.4 euros per m2. For a studio, it will be necessary to count on average 496 euros per month and for a 3-room 850 euros.
In Toulon, the population has been growing rapidly in recent years. According to INSEE, the city had 179,659 inhabitants in 2020, compared to 165,584 in 2014 and 165,514 in 2009 (i.e. +8.5% since 2009). Retirees form the most represented socio-professional category (27.3% of the population aged 15 or over). Next come people without professional activity (21.4%), employees (18.3%), intermediate professions (12.5%) and workers (10.1%).
The least common socio-professional category in Toulon is farmers (0.1% of the population), followed by artisans, traders, business leaders (3.4%) then executives and higher intellectual professions (6.9%).
The number of primary residences has increased sharply in recent years (89,523 in 2020, compared to 79,010 in 2009). The number of secondary residences and occasional accommodation is decreasing: there were 2,582 in 2009, they are now 2,225. Vacant housing is also decreasing, going from 8,252 in 2009 to 3,454 in 2020.
>> Here is the breakdown of real estate prices (rental and purchase) city by city:
*As part of this monthly Bienici – BFM Business barometer of real estate prices, the Bienici portal compiles the figures (purchase prices and rents listed on the advertisements published before negotiations) from the 1st to the 25th of each month and published at the beginning of the following month. The prices used are averages on each criterion. 29 cities are analyzed: Paris, Marseille, Lyon, Toulouse, Nice, Nantes, Montpellier, Strasbourg, Bordeaux, Lille, Rennes, Saint-Etienne, Le Havre, Toulon, Grenoble, Dijon, Angers, Nîmes, Villeurbanne, Mulhouse, Rouen, Caen, Aix-en-Provence, Reims, Boulogne-sur-Mer, Calais, Colmar, Dunkirk and Gap.
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