Source: Savills World Research, MeilleursAgents.com
Market intelligence on price growth and residential values in the capital’s prime arrondissements
FIGURE 5(click map to expand)
1st arrondissement
Price growth, year to August 2017: 3.3%
This small market in the heart of the Right Bank offers history, fashion and culture.
Prestigious streets
• Rue de Valois: €12,000psm
• Place Dauphine: €19,800psm
• Quai des Orfèvres: €17,700psm
4th arrondissement
Price growth, year to August 2017: 5.1%
Prices are now above their 2011 peak. There is high demand for pied-à-terre and prestigious apartments in 17th and 18th century mansions.
Prestigious streets
• Quai d’Orléans: €17,500psm
• Place des Vosges: €15,200psm
• Quai de Béthune: €17,200psm
5th arrondissement
Price growth, year to August 2017: 7.6%
French families are attracted by quality schools, but family apartments are in short supply. Prices grew by 7.6% in the year to August 2017.
Prestigious streets
• Place du Panthéon: €13,100psm
• Rue de Bièvre: €12,800psm
• Quai de Montebello: €13,300psm
6th arrondissement
Price growth, year to August 2017: +5.2%
Demand is strong in this district, emblematic of ‘l’esprit rive gauche’. Prices grew by 50% between 2007 and 2012 and remain high.
Prestigious streets
• Rue de Furstenberg: €18,700psm
• Rue Guynemer: €17,800psm
• Rue de l‘Abbaye: €17,500psm
7th arrondissement
Price growth, year to August 2017: 1.9%
Prices have grown in line with the prime average. The district is characterised by relative stability.
Prestigious streets
• Quai Voltaire: €15,200psm
• Rue Barbet de Jouy: €13,000psm
• Avenue Élisée Reclus: €16,900psm
8th arrondissement
Price growth, year to August 2017: 6%
This is a district of contrasts. Businesses and family apartments are in the north, while the most luxurious properties are concentrated in the south.
Prestigious streets
• Avenue Montaigne: €22,000psm
• Rue de l’Élysée: €17,500psm
• Place François-1er: €17,700psm
16th arrondissement
Price growth, year to August 2017: 5.8%
Hard hit during the downturn, activity has grown rapidly from a 2012 low as buyers seek space and value. Offering larger properties and popular with families, the highest values are found in the north.
Prestigious streets
• Avenue de New York: €11,700psm
• Avenue Georges Mandel: €10,700psm
• Villa Montmorency: €14,600psm