The big gap between arrondissements

As of February 2025, the Parisian real estate market exhibits a nuanced landscape, with prices varying significantly across its arrondissements. Here's an updated overview of the average prices per square meter and notable trends in each area:​

Paris Centre: 1st, 2nd, 3rd, and 4th Arrondissements

The historic heart of Paris has experienced a slight decline of 2% over the past year, yet it remains one of the most expensive districts on the right bank. The 1st arrondissement, for instance, averages €13,600 per square meter. Most transactions involve studios and two-room apartments, with prices influenced by factors such as floor level and property condition. In areas like Le Sentier, prices stabilize between €10,000 and €13,500 per square meter, especially near Montorgueil. The historic Marais district continues to thrive, with high demand in areas like Place des Vosges and Rue de Bretagne. Exceptional properties, such as an apartment on Rue du Parc-Royal, have reached €29,000 per square meter.On Île Saint-Louis, properties without a view average around €15,000 per square meter. ​

5th, 6th, and 7th Arrondissements

These prestigious areas maintain high and stable prices. The Latin Quarter in the 5th arrondissement has seen prices increase over the past year, averaging €11,700 per square meter. The 6th arrondissement retains its prestige as one of the most expensive in Paris, with small apartments selling for around €16,000 per square meter and luxury properties with exceptional views reaching up to €25,000 per square meter. In the 7th arrondissement, prices can sometimes reach €30,000 per square meter, with increased demand from expatriates seeking family apartments, particularly around Rue Cler, Rue de Grenelle, and Rue Saint-Dominique. ​

9th, 10th, 11th, and 12th Arrondissements

The 9th arrondissement, favored by affluent individuals aged 30-40, is experiencing renewed success. However, buyers are discerning, seeking more space, greenery, and large balconies or terraces. Prices range from €13,000 to €15,000 per square meter in neighborhoods like Saint-Georges and Rue des Martyrs. In the 10th arrondissement, selling times are lengthening, and prices are falling, even in popular districts, with prices fluctuating between €10,000 and €10,500 per square meter near the 3rd arrondissement and around Canal Saint-Martin. Despite its dynamism, the 11th arrondissement has seen prices fall, averaging €10,370 per square meter. The 12th arrondissement has dropped by €500 over the past year, with high-quality properties around Marché d'Aligre and Bastille maintaining high prices, while standard properties have lost value. ​

13th, 14th, and 15th Arrondissements

After a 2.4% drop over the past year, the 13th arrondissement averages €8,310 per square meter. Buyers prioritize location and size, with small apartments selling easily, while larger properties with defects face challenges. In the 14th arrondissement, the average price is around €9,970 per square meter, with favored sectors near Avenue René-Coty or Rue Montbrun, valued for their tranquility and proximity to Parc Montsouris. The 15th arrondissement has seen a market uptick since April, although prices have fallen below the €10,000 per square meter mark. Demand is highest in areas close to the 7th arrondissement and metro line 6, attracting small executive families seeking larger spaces or downsizing after children have left. ​

8th, 16th, and 17th Arrondissements

The property market in the 8th arrondissement is performing well, with slight price increases. The Golden Triangle continues to attract interest, predominantly from French clients, including expatriates returning from Dubai or London.Near Parc Monceau, prices range between €13,000 and €15,000 per square meter on higher floors, attracting professionals in liberal professions or finance. In the 16th arrondissement, there's a slight decline over the past year, with two distinct markets: high-end properties and investors seeking small areas. Exceptional properties can reach €30,000 per square meter, but sellers' expectations may not align with current price trends. In Auteuil, the market is driven by families attentive to school zoning and fond of houses. In the 17th arrondissement, prices are stabilizing, with popular addresses near Parc Monceau, Ternes, and Pereire, averaging between €12,000 and €14,000 per square meter. Family apartments on high floors and in good condition are in high demand, while areas like Les Batignolles and Les Épinettes continue to attract young first-time buyers. ​

18th, 19th, and 20th Arrondissements

In the 18th arrondissement, most neighborhoods have seen prices fall by 1 to 4% over the past year, except for Montmartre and Lamarck-Caulaincourt. The market operates at two speeds: standard property prices continue to fall, while those on high floors with outdoor spaces see price increases. The 19th arrondissement has broken transaction records in recent years. Although the market is slow and it's the most affordable arrondissement in the capital, prices in the Buttes-Chaumont district average €9,200 per square meter for an apartment and €11,000 per square meter for a house. In the 20th arrondissement, average prices are €9,500 per square meter for apartments without major defects and €10,500 per square meter for houses in Gambetta, Pyrénées, Ménilmontant, and Jourdain districts. However, the market is currently hindered by a shortage of properties and a wait-and-see attitude among buyers.