There are four cities in France where the price per m2 of old apartments reaches more than 4,000 euros according to the 2024 real estate report unveiled Monday December 16 by French notaries: Paris (€9,490), Nice (€4,720), Lyon (€4,500) and Bordeaux (€4,250).
« Nice once again becomes the most expensive municipality after Paris 7 years later », Indicates the CSN (Higher Council of Notaries) in a press kit. Among the large cities of France, Nice is the only one to have experienced an increase in prices over the first nine of the year for this category of goods, of +0.1%. Paris fell by 6.7%, Lyon by 8.6% and Bordeaux by 7.5%. In France, the volume of transactions is “ still in sharp decline », according to the CSN, with 780,000 transactions of old housing carried out over the last 12 months in France (excluding Mayotte) at the end of September, very far from the peak of 1.2 million sales reached in August 2021.
« The real estate crisis since the summer of 2022 has affected the various real estate players, but also and especially the French in their ability to find housing. », commented Me Priscille Caignault, member of the CSN office responsible for real estate. “ The slight improvement in spring noted by notaries throughout the country demonstrates that the French’s appetite for stone shelter continues unabated. Above all, it illustrates that the real estate market is particularly sensitive to stability, both economic and political, a guarantee of confidence. “, she analyzed. “ The economic signals seemed positive for 2025 to stem the fall or even perceive a recovery. However, the many uncertainties that our country is experiencing could undermine this restart. Many promises for real estate are now on hold », a conclu Me Caignault.
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