Map: see house price changes for your area of france in latest notaire data
Map: see house price changes for your area of france in latest notaire data"
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SOME AREAS SAW PRICES FALL BY UP TO 16% IN 12 MONTHS, BUT OTHERS ARE FINALLY SEEING GROWTH France’s property market has entered a period of ‘fragile recovery’, say notaires, with several
areas registering house price rises overall last year after sharp drops in 2022 and 2023. The most recent notaire data released shows several areas recorded an overall increase in average
prices between the end of 2023 and the end of 2024. The information is the most complete available as notaires cover all property sales. Due to the time it takes to compile the data, full
information is only available now for the end of 2024. However, preliminary information for the start of 2025 is also given and points towards the market slowly growing in the first few
months to date. In this article we look at houses that are non-new build, i.e they have been purchased at least once before and are being sold again, or have existed for at least five years
and are being sold for the first time. The notaires state that in the final quarter of 2024, areas outside of France’s capital region saw an overall increase in non-new build house and flat
prices, the first time since the property market began its post-Covid slump. The information below compares price changes for established houses in October 1 - December 31, 2024 compared to
the same dates in 2023. SEVERAL CITIES SEE PRICES RISE BUT SOME SEE LARGE FALLS The information spells good news for many homeowners looking to put their property on the market. A number of
cities saw house prices rise overall last year, bucking earlier trends that saw price drops across the board. A handful of cities stood out, with the highest price increases recording in:
* Montauban (Tarn-et-Garonne): +6.2% * Metz (Moselle): +3.4% * Caen (Calvados): +3.2% * Orléans (Loiret): +3.1% * Limoges (Haute-Vienne) and Brest (Finistère): +2.4% Despite these cities
– and some notable others including Lille – seeing rises overall, several areas saw significant drops, including three areas where prices fell more than -10%: * Châteauroux (Indre): -16.2% *
Corse-du-Sud: -14% * Reims (Marne): -11% * Tours (Indre-et-Loire): -9.9% * Amiens (Somme): -9.6% Other cities to see heavy falls were Montpellier (Hérault) (-8.8%) and Lyon (Rhône) (-8.4%).
Nantes, the largest city to see multiple drops of -10% in previous datasets, fared much better for the 2024 year, with prices falling -3.1%. SOUTH REMAINS MOST EXPENSIVE AREA TO BUY The
data also shows that national trends remained essentially unchanged. Cities in the south and in coastal regions remain the most expensive to purchase houses in, with the centre being the
cheapest, especially smaller more isolated cities. Prices in these areas are higher in the south due to factors such as the weather, as well as the scarcity (there are fewer ‘houses’ in
some larger cities compared to flats). Read more: Large increase in Americans buying properties on the Cote d’Azur Note that house prices in Paris are included as part of the wider
Île-de-France region, which brings down overall prices and means the region is not the most expensive. When looking solely at non-new build flats, Paris is around twice as expensive per m²
than the next city on the list. In addition, some other cities including Rennes and Nice do not have house prices included in the data, due to the relatively small number of houses in these
areas compared to flats. The most expensive cities/areas for none-new build houses are: * Toulon (Var): €450,600 on average * Corse-du-Sud: €446,100 * Montpellier: (Hérault) €380,500 * Lyon
(Rhône): €380,000 * Aix-en-Provence/Marseille (Bouches-du-Rhône): €375,100 Larger cities in the west with average prices above €300,000 include Toulouse ( Haute-Garonne) (€300,000
exactly), Bordeaux (Gironde) (€333,100) and Nantes (Loire-Atlantique) (€319,700). In comparison, the cheapest cities remain largely in central areas of the country, and parts of the north:
* Châteauroux (Indre): €116,100 * Troyes (Aube) and Amiens (Somme): €170,000 * Poitiers (Vienne): €173,000 * Limoges (Haute-Vienne): €175,400 * Rouen (Seine-Maritime): €181,800 Full data is
available in the map below: Read more: Official tool lets you see how much French income
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