Despite a slight dip in the number of deals over the past 12 months, Paris’ real estate market is experiencing a slight rise in values.

The price of bricks and mortar in the capital continues to rise. According to the 82^nd market report published by website MeilleursAgents.com this June, Paris has recorded a 0.9% rise over the past year (June 2015 to June 2016), 1.9% since January 2016, and 0.8% in the past month (from May to June).

*The market

The increase in values is slightly more significant for larger properties (three rooms or more) for which prices rose 1% in May and 2.1% since the beginning of the year.

Smaller properties have not seen a fall in value but they are held back by a lack of investors who prefer to look outside of the capital for economic reasons as well as Paris’ rent control regime.
« For some real estate professionals , the output of EU Britons could encourage foreign buyers to turn away from London and bet on France and especially its capital. »(source : bfmbusiness.bfmtv.com)

*The most expensive neighbourhoods

According to 2016 Q1 figures from notaries in Paris Ile-de-France, the average price in Paris is stable at around €8.060m2.

The “Top 5” most prestigious and most expensive addresses in Paris remain unchanged:

Odéon (6th arrondissement): 14.120€/m2, +10,2% this year

Saint-Thomas-d’Aquin (7th arrondissement): 12.600€/m2, +0,1% this year

Les Invalides (7th arrondissement): 12.530€/m2, +1% this year

Ecole Militaire (7th arrondissement): 11.430€/m2, + 11,4% this year

Notre-Dame-des-Champs (6th arrondissement): 11.230€/m2, no change in the year.