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In these 11 Parisian districts, housing prices have never been this low!

undefined undefined 27 janvier 2025 undefined 11h50

undefined undefined 27 janvier 2025 undefined 16h03

The Editor

© Hugo Dominguez

It's been 7 years since we've seen such an attractive offer in Paris. According to the latest trends observed by the sales and rental platform Particulier à Particulier (PAP), more than half of the districts in the capital are offering prices below €9,800 per square meter. That's a record since 2018.

For several months now, Parisian real estate prices are in freefall. And while 2025 is likely to bring a slight increase with decreasing interest rates, for now, the prices have never been more attractive, with some areas even dipping below €8,000/m². Here’s a little recap of this situation that is certainly temporary, but still quite satisfying.


An Impressive Drop

Young Parisians, we’re telling you loud and clear, now is the time to buy in Paris. Interest rates are slightly decreasing, and prices haven’t started to rise again after a pretty extreme year in 2024 for some. So, while prices in the 18th district have dropped by 6.3%, in the 10th by 6.7%, and in the 12th by 6.8%, it’s in the 4th that...

we observed the most extreme drop last year, with a 7.1% reduction.

A super positive change allows no less than 11 districts to drop below €10,000/m², with 8 of them even below €9,000 per square meter!

We find the 19th at €7,630/m², the only one to go under the €8,000 mark. Closely following is the 20th at €8,030/m², then the 13th at €8,230/m² and the 12th at €8,370/m². The 18th, with its significant charm thanks to Montmartre, comes in 5th place at €8,480/m². The 14th and the 15th follow right after, priced at €8,750/m² and €8,960/m² respectively. A big surprise, the 10th also makes this top 11, and not in last place either, offering prices at 8980 €/m².

Lastly, we have the 17th (9,430 €/m²), 11th (9,470 €/m²), and 9th (9,770 €/m²) which, even though they're all above 9,000 €/m², still offer very attractive prices.


The end of the housing crisis ?

However, even though all these prices are quite good news and could help some first-time buyers make the leap, let's not get too carried away just yet. Prices in the capital remain extremely high, finding a rental is a real obstacle course reminiscent of the worst episodes of Koh Lanta, in short, all this information should be taken with a grain of salt.

Especially since, unfortunately, 2025 is expected to mark the end of this joyful period of prosperity and so-called affordable apartments. As mentioned several times, the drop in interest rates should increase the number of buyers, causing prices to skyrocket in about 6 months. Fortunately, we likely won’t return to a situation where almost all districts are hovering around €11,000 per square meter, as was the case a few years ago. Phew (a little)!