Although it is still too early to speak of a market turnaround in the capital, the fall in Parisian prices finally seems to be slowing down. Thus, while real estate prices in Paris fell by -1% in October 2023the hindsight is only -0.4% for this last month. And this slowdown is not new since the city only saw its prices fall by -0.6% between May and November while they had plunged -4.4% over the same period in 2023.
Note that some districts of the capital are doing even better than others and are already back in an upward cycle. Like in particular the 6th, 7th and 16th arrondissements which respectively display progressions of +2.6% (€15,086/m²), +5.7% (€15,082/m²) and +3.0% (€11,325/m²).
If in the 11e, 12e et 18e, the progression is less strong there, the latter are not left out since the stabilization in positive territory has now been underway for several months.
The central districts of Paris are, for their part, acting as bad students with prices always falling. Over the past ten months, the 2nd thus recorded a loss of -5,2 % (10 652 €/m²) while the 3rd decreased by -6 % (11 066 €/m²). Quant i am 4thhe receives the dunce cap by displaying the largest drop: -8,3 % (11 192 €/m²).
