The stone market is experiencing some turbulence in Paris. The health crisis has raised the desire for larger homes or those with outdoor spaces. Many Parisians thus seem to lose interest in the capital.
In their last note, the notaries of Greater Paris note that the price per square meter remains stable at 10,790 euros in the 3e quarter over a year. But “Paris remains away from the dynamics of rising prices,” they say. Small and Large crowns are indeed on the rise, according to statistics from professionals in the sector, and particularly old houses. Over one year, their price soars by 7% at 3e quarter, according to the notaries.
In the City of Light, the contrast is striking. Especially since the capital has often pulled the market upwards with its uninterrupted dynamism for years. But today it is dead calm, even the decline. In six arrondissements the stone is crumbling.
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-the 14th: -1.5%
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-the 11the : -2,3%
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-the 20e : -2,3%
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-the center: -2.5%
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-the 18e : -1,2%
On closer inspection, flawless goods and small surfaces hold up. But it is more difficult for large apartments to find a taker. Especially since some owners do not want to hear about a discount.
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But all is not dark: in this slow-moving market, some districts seem to be doing well: the 19e (+ 3.8%), on the 9the (+ 1.8%) and the 7e (+ 1.9%), which has one of the highest average prices per square meter in the capital, or € 14,230 / m2.
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