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Real estate prices in Paris on the rise again

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Last year landed a severe hit on real estate prices worldwide, and Paris was no exception. Still, that trend ended with 2020, as the first months of this year were accompanied by an increase in property prices in and around the French capital, according to an article by Ouest-France.

Paris itself ranked, interestingly enough, among the lowest cities of the Île-de-France region in terms of price growth, with a timid increase of 0.3% in May. The third, fourth, and fifth arrondissements have even seen their prices decrease by up to 4.6%, as the high average price of housing in these trendy and cultural neighbourhoods makes it unaffordable for most post-crisis buyers. The business-oriented 2nd and multicultural 19th arrondissements were the most dynamic, with growth rates of 0.3% and 0.6% this month.

Paris real estate 242 listings on Tranio
New one-bedroom apartment in the XV arrondissement of Paris, Ile-de-France, France. Price on request Price on request
New one-bedroom apartment in the XV arrondissement of Paris, Ile-de-France, France

Total area 48 m² 1 bedroom

Apartment – Paris, Ile-de-France, France for From 720,000 € From 720,000 €
Apartment – Paris, Ile-de-France, France

Total of 6 apartments

New one-bedroom apartment in the XII arrondissement of Paris, Ile-de-France, France for 484,000 € 484,000 €
New one-bedroom apartment in the XII arrondissement of Paris, Ile-de-France, France

Total area 37 m² 1 bedroom

Apartment – Paris, Ile-de-France, France for From 403,000 € From 403,000 €
Apartment – Paris, Ile-de-France, France

Completion in: 2026 Total of 3 apartments

Two-bedroom modern apartment with a lake view and a parking, Creteil, Ile-de-France, France for 450,000 € 450,000 €
Two-bedroom modern apartment with a lake view and a parking, Creteil, Ile-de-France, France

Total area 63 m² 2 bedrooms

New apartment in a first-class complex, 15th district of Paris, Ile-de-France, France for 726,000 € 726,000 €
New apartment in a first-class complex, 15th district of Paris, Ile-de-France, France

Apartment – Paris, Ile-de-France, France for From 560,000 € From 560,000 €
Apartment – Paris, Ile-de-France, France

Total of 8 apartments

Apartment – Paris, Ile-de-France, France for From 425,000 € From 425,000 €
Apartment – Paris, Ile-de-France, France

Completion in: 2025.II Total of 20 apartments

The podium of the most desirable places around the French capital is held by the départements Val-d’Oise, Essonne, and Seine-et-Marne, which have seen their average real estate prices jump up by 4% and more over the last 12 months.

This redistribution of demand around Paris and its suburbs is not the only thing that changed in the region’s property market, as post-lockdown buyers and tenants developed a strong liking for larger houses and ground floor flats with gardens under their windows.

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    Marina Filichkina
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    Head of Sales Tranio Thailand, Europe
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