The capital seems to have lost its attractiveness, even if quality accommodations still find takers.
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Paris attracts less and housing prices get felt: they do not increase anymore and even fall. In its barometer from early December 2021, the best ads site indicates that Paris prices lost 1% this last month. “Paris does not make recipe for buyers in search of space, greenery and purchasing power, resulting in a slowdown in prices of around 3.4% in just fourteen months,” says Barbara Castillo Rico, responsible for the scientific studies of better agents. No category of goods is spared by this decline: small areas falling by 1% and the large 0.9%.
Notaries, for their part, are less pessimistic. Their data indicates a great deal of price stability rather than a decline: at 3 e quarter 2021, they vary from 8,600 euros for the chapel district in the 18 e Borough at 17 410 euros for the Odeon district in the 6 e . The Odeon district is twice as much as that of the chapel. Only five neighborhoods, located in the 13 e , 19 e and 20 e borough, record Price less than 9,000 euros per square meter. On average, at 3 e quarter 2021, the price per square meter of apartments reached 10,790 euros in the capital.
remains that the data of the notaries have a few months of offset related to the delay between the signature of the sales agreement and that of the authentic act. Best bets rather on a return to a level of 10,000 euros per square meter in three months if the downward trend continues this winter, traditionally dreated for the real estate market.
more demanding buyers
Real estate agents on the ground see more demanding buyers and have more time to decide and discuss the price. This is particularly the case when a refresh is to be expected, as in this three-piece 49 square meters presented at the price of 550 000 euros Vulpian street, in the 13 e district near the 5 e .
Buyers did not hesitate to make an offer at 500,000 euros, 10% less. “There is a significant brake on overestimated goods,” confirms Thomas Venturini, founder of Liberkeys, an online real estate agency. The Parisian market, up for years, is perhaps rebalanced, with a more demanding demand with the offer.
“A two-speed market is settling, well-located and quality bright apartments with a balcony or terrace can leave in the day at the requested price while other goods can stay on the market For a year, “said Sébastien Kuperfis, General Manager of the Junot Real Estate Agency, who announces average sales deadlines between eight and ten weeks.
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