Paris Real Estate Market Shows Signs of Recovery After Two-Year Decline
Increased buyer activity, stabilizing prices, and growing interest in Seine-Saint-Denis drive optimism in the Paris property market.
- The Paris real estate market is recovering, with buyer activity increasing and prices stabilizing or rising in some areas after two years of decline.
- Central Paris exhibits significant price disparities, with properties near Les Halles at €11,000/m² and those near Palais-Royal reaching €25,000-€28,000/m².
- Seine-Saint-Denis is attracting more buyers, partly due to improved perceptions following the Olympic Games and its relative affordability compared to central Paris.
- Luxury properties in Paris remain resilient, with high-end apartments, such as those near Place Vendôme, continuing to command premium prices.
- In Seine-Saint-Denis, areas like Aubervilliers see average apartment prices around €4,000/m², with higher prices in desirable locations exceeding €5,000/m².