In Marseille, the prices of old real estate will record a notable drop in 2024. According to the LPI iad barometer of December 2024, based on data at the end of November, the average price per square meter stands at 3 528 €down by -3,2 % over a year. Discover the trends and specificities of the Marseille market.
Real estate prices in Marseille: Significant variations depending on the neighborhood
The Marseille real estate market shows marked disparities depending on the districts.
Here are the average prices signed per square meter and their evolution over one year:
- 1st district : 2 913 €/m² (+1,3 %)
- 2nd district : 3 817 €/m² (-7,3 %)
- 3rd district : 2 249 €/m² (-0,6 %)
- 4th district : 3 420 €/m² (+0,6 %)
- 5th district : 3 757 €/m² (-4,1 %)
- 6th district : 4 129 €/m² (-4,7 %)
- 7th district : 5 524 €/m² (-0,2 %)
- 8th district : 4 321 €/m² (-7,0 %)
- 9th district : 2 966 €/m² (-10,8 %)
- 10th district : 2 791 €/m² (-1,4 %)
- 11th district : 2 856 €/m² (+3,8 %)
- 12th district : 3 202 €/m² (-2,8 %)
- 13th district : 2 834 €/m² (-10,3 %)
- 14th district : 1 760 €/m² (-17,1 %)
- 15th district : 2 225 €/m² (+17,7 %)
- 16th district : 2 841 €/m² (-5,8 %)
Aix-Marseille metropolis: A more marked drop for houses
In the Aix-Marseille-Provence metropolis, the prices of old apartments are established at 3 600 €/m²down by -2,3 % over a year. THE old housesfor their part, reach an average price of 4 240 €/m²recording a greater decrease in -5,2 %.
Provence-Alpes-Côte d’Azur region (PACA): A contrasting market
Provence-Alpes-Côte d’Azur region: Prices in the main cities
The Provence-Alpes-Côte d’Azur region presents a heterogeneous real estate market, with marked disparities between departments. If certain towns, particularly coastal ones, show a moderate increase in prices, others, such as those in Bouches-du-Rhône or Vaucluse, record significant declines. Here are the average prices of old apartments and their evolution over one year, classified by department:
Bouches-du-Rhône
- Aix-en-Provence : 5 188 €/m² (-0,6 %)
- Arles : 2 308 €/m² (-17,4 %)
- Aubagne : 2 909 €/m² (-6,1 %)
- Marseille : 3 528 €/m² (-3,2 %)
- Martigues : 2 799 €/m² (-3,4 %)
- Salon-de-Provence : 2 729 €/m² (-3,0 %)
The towns of Bouches-du-Rhône are mainly experiencing marked declines, notably Arles (-17.4%), while Aix-en-Provence is better resisting the downward trend.
Alpes-Maritimes
- Antibes : 4 870 €/m² (+1,2 %)
- Cagnes-sur-Mer : 4 745 €/m² (+0,7 %)
- Cannes : 5 752 €/m² (+0,5 %)
- Grasse : 3 714 €/m² (+4,1 %)
- Le Cannet : 4 192 €/m² (-0,7 %)
- Nice : 5 046 €/m² (-3,3 %)
In the Alpes-Maritimes, Grasse (+4.1%) and Antibes (+1.2%) recorded increases, while Nice and Le Cannet suffered slight declines.
Hautes-Alpes
- Gap : 2 479 €/m² (+7,5 %)
Gap stands out with a remarkable increase of 7.5%, reflecting a strong attractiveness for this Alpine town.
Our
- Draguignan : 1 997 €/m² (-2,8 %)
- Frejus : 3 749 €/m² (+2,5 %)
- Hyères : 4 403 €/m² (+9,9 %)
- La Seyne-sur-Mer : 3 407 €/m² (+5,5 %)
- Toulon : 2 920 €/m² (+2,7 %)
In the Var, Hyères stands out with a significant increase (+9.9%), followed by La Seyne-sur-Mer (+5.5%) and Toulon (+2.7%). On the other hand, Draguignan remains behind with a slight drop.
Vaucluse
- Avignon : 2 588 €/m² (-6,4 %)
Avignon shows a notable drop of 6.4%, reflecting persistent difficulties in this market.
What are the negotiation margins in the Provence-Alpes-Côte d’Azur (PACA) region? They remain moderate with 7.8% for apartments et 8.5% for housesreflecting a certain balance between buyers and sellers in a changing market context. These trading margins reflect a slight easing in the market, offering opportunities to buyers in a slowdown context.
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