prime residential market
The latest market intelligence on price growth and residential values in Paris’s most desirable arrondissements – and their most sought-after streets
The latest market intelligence on price growth and residential values in Paris’s most desirable arrondissements – and their most sought-after streets
Note *Price growth, year to September 2018
Source: MeilleursAgents.com
1st arrondissement
Price growth 2.6%*
Most prestigious streets
Paris’s smallest district is characterised by very low transaction volumes. In the heart of the Right Bank, it offers history, fashion and culture. Iconic addresses include apartments with views on the Le Palais Royal, Tuileries Gardens or Place Dauphine, and prices range between €15,000 and €30,000 per sq m.
2nd arrondissement
Price growth 1.2%*
Most prestigious streets
This small arrondissement is home to La Bourse (the former Paris stock exchange) and numerous bank HQs. It is an area undergoing change, attracting entrepreneurs and start-ups. Prices stand 13.6% above their 2011 peak.
3rd arrondissement
Price growth 6.3%*
Most prestigious streets
Also known as the Haut Marais, this district has seen prices rise faster than in any other prime area – 22.6% in the past five years. Independent shops and a vibrant restaurant scene have supported the district’s rise.
4th arrondissement
Price growth 1.6%*
Most prestigious streets
Also known as Le Marais, this area’s highest prices range from €15,000 to €30,000 per sq m for property on Île Saint-Louis with views over the Seine. There is high demand for pieds-à-terre and prestigious apartments in 17th- or 18th-century mansions.
5th arrondissement
Price growth 7.3%*
Most prestigious streets
French families are attracted by high-quality schools here, but family apartments are in short supply. Prices grew by 7.3% in the year to September 2018 – outperforming the city average.
6th arrondissement
Price growth 3.6%*
Most prestigious streets
Still the highest-value district in Paris, the 6th arrondissement encompasses both the Jardin du Luxembourg and the Saint-Germain-des-Prés quarter. It is emblematic of ‘l’esprit Rive gauche’ (the spirit of the South Bank) with trendy boutiques, antique shops and plenty of cafés and bistros. It is a highly sought-after location for pieds-à-terre in the historic heart of the city.
7th arrondissement
Price growth 6.2%*
Most prestigious streets
Home to many state institutions and historic private mansions, prices here have risen steadily – especially in the Saint-Thomas-d’Aquin district. Highest prices (between €20,000 and €30,000 per sq m) are commanded by properties with private gardens and/or panoramic views.
8th arrondissement
Price growth 4.8%*
Most prestigious streets
A district of contrasts – the most luxurious homes in the south and businesses and family homes in the north. Inside the ‘Golden Triangle’ between the Champs-Élysées, Avenue Montaigne and Avenue George V, prices average €15,000 to €30,000 per sq m.
16th arrondissement
Price growth 4.6%*
Most prestigious streets
Paris’s largest district is popular with expats and locals, thanks to its beautiful buildings and good schools. The north is defined by prime and ultra-prime homes on broad avenues, with views of the Eiffel Tower and the Arc de Triomphe. Prices here average €12,000 to €18,000 per sq m. In the south, values are much lower.
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