Real estate prices in Paris: the recovery continues

Since the beginning of summer Paris and in Paris regione, the increase in the prices of the signed compromises continues. Certainly, this is usual, the rate of progression slowed down in August and September, but on a rolling quarterly level the increase remains notable: + 0.7% over three months (+ 0.7% for apartments and + 0.9% for houses) . OR €10,650/m2.

But although the price curve has inverted, the signed prices remain on a downward trend on a rolling annual level. Over one year, we note -5.7% on the signed prices, or €10,696/m2.

THE Parisian districts all followed the same dynamic, with greater price drops for example in the 2nd arrondissement (-11.9% or €9,395/m2), -8.7% in the 20th (or €8,146/m2 ) or -8.2% in the 16th arrondissement (i.e. €10,902/m2).

Note that the most expensive districts of the capital experienced a slightly smaller drop in their property prices: -3.3% in the 6th (€15,009/m2), – 2.7% in the 7th (€14,271/m2) or -5.1% in the 5th (12,213 €/m2).

We will have to wait several more months (probably spring 2025) for the price curve measured at rolling annual level to turn around.

In the metropolis of Grand Paris and over one year, real estate prices also fell rapidly: -5.9% for apartments in old buildings (€6,963/m2) and -7.6% for houses (€4,813/m2). And for good reason, despite a preference in demand for detached house always lively, difficulties accessing credit still weigh on household purchasing capacities.

Furthermore, the discount of the periphery remains unchanged, around 33%.

In Île-de-France more generally, the negotiation margins stand at 6.3% for apartments and 7.5% for houses.

Discover the real estate prices of more than 150 cities in France

Want to know in detail the prices of towns in the Ile-de-France region? Versailles, Vincennes, Puteaux, Boulogne-Billancourt, Meudon or Massy… Navigate the new interactive map of the Journal de l’Agence to discover the real estate price trends in new and old properties, for apartments and houses acquired by individuals (price per square meter), according to the latest figures from the LPI-iad Barometer.

Also read: Real estate: demand pressure remains strong and the rise in housing prices is increasing