This Life

Expert Insight, Breaking News, and Insider Stories on Real Estate in

nears €10,000 per m2 average as real estate prices climb

Average asking prices in are set to breach €10,000 per m2 soon according to the latest data. Growth is continuing albeit at a slower pace.

The latest figures from price observatory website Seloger show a slowing in the capital’s price growth. Growth in the quarter to January was just 0.5% while the yearly figures showed 7.5% appreciation. That slowing is not stopping observers predicting that we will soon see a five-figure average asking price for the first time in history.  Figures are always net-to-seller  proces and do not include any agency fees.

Prices at the end of January were €9,759 according to the LPI-SeLoger barometer, which measures growth across all 20 arrondissements. Thirteen are now above the €9,000 per m2 level which was passed late in summer last year.

Prix immobilier  - LPISeLoger Janvier 2018

The 1st, 6th and 18th arrondissements are pushing the city’s average growth rate up significantly, each of them seeing double-digit growth over the last 12 months. The 18th is a rapidly gentrifying part of the city, with areas like Montmartre attracting an influx of professionals and millenials. It’s also one of the cheapest parts of the city, along with the 13th, 19th and 20th, other arrondissements earmarked for future growth potential.  The abolition of rent caps has likely helped fuel price growth.

image © Paul Dufour

Contact to learn more about buying or selling property in .

Search
Find us on
Facebook
Get the PPG Monthly newsletter

Contact us
By phone
In France +33 (0)9 75 18 18 99
From the US (917) 779-9950
By email
Norton
Stay current on the real estate market:
Sign up for our newsletter
Thank you and welcome aboard!
* Required fileds