Saclay is not immune to the drop in prices, of 3.6% over one year as of November 1, 2024. The city of Essonne, booming with the development of its university campus, displays a sale price for apartments average of €4,436/m2 for a rent of €18.5/m2. The Grand Paris Express line 18 metro project could reinvigorate the market, with several commissioning stages planned for 2026, 2027 and 2030.
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The 3 information to remember about real estate prices in Saclay in 2024
-3,6 % : Evolution of the sale price of an apartment over one year.
4 436 €/m2: average selling price of an apartment.
18,5 €/m2: average rent for an apartment.
At the heart of the plateau, where research institutes and major schools (CEA, Paris-Saclay University, Ecole Polytechnique, HEC, etc.) are located, the city looks gloomy in terms of real estate. “Sellers are getting impatient because buyers are becoming rare”, notes Armand Caillet, from the Safti agency. They prefer to settle in Saint-Aubin, Igny or Bièvres. The metro project for line 18 of the Grand Paris Express could, however, revive the market. Its first section (Massy-Palaiseau to CEA Saint-Aubin) should be put into service in 2026, the second (Massy-Palaiseau to Orly Airport) in 2027 and the CEA Saint-Aubin to Versailles Chantiers link, on the horizon 2030.
In the meantime, MeilleursAgents reports a price correction of 6.8% over one year (10.6% over two years). Today, to sell, the property must be without defects and at the right price. Not easy to find. However, the offer abounds. « Our stock has doubled compared to a normal year, adds Alexandre Temporelli, of the Grand Paris Immobilier agency. Buyers are waiting and waiting, except when they need to find accommodation. » The apartments are few in number. One of them, recent, of 55 m², has just sold for 277,000 euros. On the house side, a buyer offered 119 m² and 300 m² of garden for 520,000 euros.
© Copyright: Prices and Real Estate Price Index (IPI) Best Agents at 1is November 2024
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