Rennes, capital of Brittany, is witnessing contrasting developments in the real estate market in 2024. While some regions are seeing a drop in prices, others are continuing their rise. In this analysis, we explore current trends, highlighting the most impacted neighborhoods as well as those escaping general fluctuations.
The meteoric rise of the Thabor-Saint-Hélier district
Increase in prices of old houses
The Thabor-Saint-Hélier district is clearly distinguished by its significant increase in prices of old houses. In 2024, the median price reached €823,700, marking an increase of 17.7%.
This trend reveals a keen interest in this sector of Rennes, renowned for its pleasant living environment and its quality infrastructure.
This price surge is not uniform across the city. The increase is explained by strong local demand combined with limited supply, typical characteristics of popular and well-located neighborhoods.
Such a context mainly attracts buyers with a high purchasing powermaking these transactions accessible only to a minority.
Performance of new apartments
In addition to old houses, new apartments in the same district showed a notable increase of 10.2%. The price per square meter thus approaching €6,450, underlines the attractiveness of recent constructions for potential buyers.
This phenomenon reflects a craze not only for the modernity of housing but also for the convenience of integrated urban services.
The Thabor-Saint-Hélier therefore resists overall trends in the Rennes market which, on the contrary, see real estate costs falling in other sectors.
Buyers interested in new properties undoubtedly favor this area for its centrality and dynamic environment.
Other neighborhoods and their contrasting developments
Beaulieu-Baud and the new apartments in the north Saint-Martin and Moulin du Comte
In comparison, the Beaulieu-Baud district comes just after Thabor-Saint-Hélier in terms of house prices, with a median located at €611,400. This proves a certain stability of real estate values in this sector, despite the variations observed elsewhere.
For new apartments, the price differences between districts like northern Saint-Martin and Moulin du Comte are less pronounced, showing respectively price per square meter of €6,450 and €6,110. This data reflects pricing homogeneity among adjacent areas, offering various alternatives to potential buyers, while maintaining a similar level of comfort.
Stagnation and notable declines in peripheral neighborhoods
In areas like Le Blosne and Bréquigny, prices remain significantly lower. With respectively €2,230 and €2,620 per square meterthese neighborhoods appear financially more accessible.
However, contrary to perhaps more optimistic forecasts, they did not experience the desired rise.
The appeal remains weak compared to more central sectors, leading to often more difficult sales.
Notably, the price reductions are particularly striking in certain spaces for old buildings.
In Thabor-Saint-Martin in particular, homes saw a 12.1% decreaserelevant data for investors seeking economic opportunities in medium and premium environments.
Diversified choices according to budgets
Affordable segments of the Rennes real estate market
The observed fluctuations offer various attractive segments for each portfolio.
While prestigious neighborhoods attract a specific audience with substantial financial resourcesdeclining or stagnant areas may appeal to more moderate buyers or savvy investors hoping to profit from future valuations.
- High added value neighborhoods: Thabor-Saint-Hélier, Beaulieu-Baud
- Intermediate zones: north Saint-Martin, Moulin du Comte
- Options budget-friendly : Le Blosne, Bréquigny
In addition, although the premium is on recent or recently renovated properties, investments in old properties should be studied carefully, especially in view of the potential reductions observed in certain specific cases.
Strategic planning and future outlook
Conversely, long-term oriented strategies show that market conditions can change quickly, reminding investors of the importance of flexible planning.
Regional variations influenced by local policies, the development of new infrastructure or even demographic changes must be continually monitored.
It is therefore crucial tosystematically evaluate the fundamentals of the sector before getting started, both for individuals looking for their main residence and for professionals making rental investments.
In conclusion, Rennes demonstrates an intrinsic diversity of its real estate market in 2024. Central neighborhoods are experiencing continued inflation in their values, while others are timidly trying to maintain or revive their attractiveness.
This duality allows future owners and investors to intelligently navigate among different options, adapted to their needs. economic and personal expectations.
