Capital Video: Real Estate: The Biggest Price Drops in the 50 Largest Cities in France
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Is the real estate market recovering? According to the latest barometer from the Meilleurs Agents estimator and the Se Loger ad portal, published this Monday, July 1, apartment prices have started to rise slightly nationally since January (+0.5% on average) . A trend accentuated by rural areas (+2.5%). “Driven by the seasonality of the market, this gradual rise in prices has continued to accelerate in recent months., explains Se Loger. However, these increases are much less marked than in previous years.” But the situation is far from uniform since certain cities have seen their prices fall sharply in recent months. We therefore invite you to discover the prices per square meter and their changes over 3 months, 6 months and a year, in the fifty largest French cities.
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Among the 50 largest cities in France, La Rochelle wins the prize for the municipality where apartment prices have fallen the most in the last six months (-9.7%). The average price per meter thus reached 4,632 euros in July 2024 in the prefecture of Charente Maritime, compared to 5,130 euros at the beginning of 2024. Prices have also fallen since January in Le Mans (-5.4%), Grenoble (-5.5%), Metz (-5.8%) and Montpellier (-3%). However, these declines are less marked in several metropolises such as Lyon (-0.9%), Lille (-0.9%), Bordeaux or Bordeaux (-0.7%). Among the 50 most populated municipalities in the country, no fewer than 24 cities have seen their prices fall over the last six months, but no city has shown a decrease of more than 10%.
Sharp drop in prices in Paris
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The capital is not spared since the value of stone has fallen by -2.2% since the beginning of the year and has even fallen by -7.2% over the last twelve months. Note that after months of decline, Parisian prices have finally stabilized over a month.Without having gone into the green, the capital has seen its prices fall by only -0.2% over the last three months compared to -2% over the previous three months.», analyzes Se Loger. Note that the prices of apartments in Paris remain in July (9,224 euros per square meter), well below the symbolic bar of 10,000 euros.
