Real estate prices are stabilizing in the 10th arrondissement of Paris

Thursday 07th November 2024 12:31 AM

Over one year to November 1, 2024, the sale price of apartments fell by 3.1% in the 10th arrondissement of Paris. But after several years of downward pressure, causing prices to drop by -9.3% in two years according to MeilleursAgents, a slight lull has been felt since September. On average in the district, an apartment now sells for €9,146/m². To the south, where the festive atmosphere and the Haussmannian apartments of the Porte Saint-Denis attract a young and trendy clientele, the m² is now negotiated between 9,500 and 11,000 euros, according to Frédéric Fleury, from Laforêt.

In partnership with Meilleurs Agents, Challenges offers you a zoom on real estate prices by neighborhood. The Meilleurs Agents data presented on this page is subject to copyright and does not have the right to be used without authorization, whether in the context of a commercial activity or not. If you wish to reuse them, or if you are looking for data in a particular city, please contact us.

The three information to remember about real estate prices in Paris 10th as of November 1, 2024

-3,1 % : evolution of apartment prices over one year.

9 146 €/m² : average selling price of an apartment.

32 €/m² : average rent for an apartment.

Near the Louis-Blanc metro station, a traditionally less expensive area, gems are selling for gold: on rue Alexandre-Parodi, a 17‑m² apartment was sold for 200,000 euros in less than two hours to an investor, or more than 11,700 euros per m². “ We haven’t sold at this price for a long time, but the energy performance diagnosis (EPD) is becoming a real subject. When the apartment is well rated, it sells quickly and expensively », specifies Frédéric Fleury. If small-area buyers are back, “ above 120 m², it becomes complicated, whatever the quality and whatever the price », notes Sophie Neama, from Barnes. Rue Paradis, a sought-after address, a 138‑m² at 4^e floor has been on sale for more than six months at 1,295,000 euros.

Morocco