The luxury Real estate market in paris: Price trends, 2024 overview, and 2025 outlook with Sotheby's International Realty agencies

The luxury real estate market in Paris remains a vital sector for investors and heritage enthusiasts, despite some price adjustments in recent months. In 2024, certain districts of Paris have seen a slight decrease in prices, while others have maintained stability, with a rebound expected in 2025. This article highlights the current price trends in Paris luxury real estate and the expertise of Paris Ouest Sotheby's International Realty, Paris Marais Sotheby's International Realty, and Paris Est Sotheby's International Realty in this evolving market.

Luxury Real Estate prices in Paris: 2024 review and 2025 outlook

The real estate market in Paris is currently in a phase of recovery, with price increases forecasted for 2025. However, luxury property prices remain particularly high, and certain districts continue to see values per square meter reaching extraordinary levels.

1st arrondissement: Price decline but recovery expected

The 1st arrondissement, located at the heart of Paris, has seen prices fall by 3.3% over the past year, settling at €12,279/m². Despite the downward trend, forecasts for 2025 predict a recovery, with a price increase of 6.7% expected. The most sought-after properties in this district are family apartments or smaller units, such as pied-à-terre properties, often favored by foreign buyers or those from other regions of France. The market remains dynamic, despite limited supply, and buyers are taking advantage of lower prices to negotiate better deals.

4th arrondissement: Ile saint-louis and the quays of the seine lead the market

The 4th arrondissement, especially Île Saint-Louis, continues to have some of the highest prices in Paris. On average, the price per square meter in this area is €12,102/m², but exceptional properties can exceed €20,000/m². Île Saint-Louis, with its views over the Seine, is particularly sought after by international buyers in search of unique properties. Prices for exceptional properties with stunning views can reach €27,000 to €28,000/m². Although prices have fallen by 6.2%compared to last year, a modest recovery is expected in 2025, with a projected increase of 5.2%.

6th arrondissement: The influence of the american clientele

In the 6th arrondissement, home to renowned neighborhoods like Saint-Germain-des-Prés, prices average around €14,819/m², with a slight decrease of 1.7% over the past year. Prices can range from €11,000 to €25,000/m², depending on location, floor, and property features. This district is highly popular with international buyers, particularly Americans, seeking move-in-ready luxury properties, often fully renovated and furnished. High-end properties sell quickly, sometimes in less than 48 hours, due to strong demand.

3rd arrondissement: Investor caution

In the 3rd arrondissement, the average price is €11,239/m², marking a 6.7% decrease over the past year. Investors are now particularly cautious about the energy performance of buildings, which has led to price reductions for properties with poor DPE (Energy Performance Diagnostics). Properties with good energy ratings and exceptional features, such as panoramic views or high-floor units, remain highly sought after. In this area, prices can vary between €11,000 and €16,000/m², depending on the property's condition and location.

2nd arrondissement: a market in recovery

The 2nd arrondissement, which includes neighborhoods like Les Halles and Place des Victoires, has an average price of €10,958/m², with a 5.3% decrease over the past year. However, the outlook for 2025 is optimistic, with a price increase forecasted at 6.8%. This district continues to attract investors, especially those seeking smaller units, such as apartments between 30-50 m², often targeted by provincial buyers or expatriates.

5th arrondissement: more frequent negotiations

The 5th arrondissement has an average price of €11,862/m², showing a 3.3% decrease compared to last year. Despite this, the market is gaining momentum, especially due to increased flexibility from sellers. Larger properties, particularly those near the Pantheon, are often subject to negotiations. For more affordable properties, neighborhoods around the Boulevards de l’Hôpital or the Jardin des Plantes offer prices in the range of €10,500 to €11,000/m².

Sotheby's International Realty agencies: experts in luxury real estate in paris

Luxury real estate in Paris remains a highly exclusive sector, and Sotheby's International Realty agencies play a key role in this high-end market, particularly in the most prestigious neighborhoods.

Paris Ouest Sotheby's International Realty: excellence in the upscale districts

Experts at Paris Ouest Sotheby's International Realty specialize in luxury real estate in Paris's western districts, including the 16th, 17th, and surrounding areas. These neighborhoods, known for their luxury apartments, mansions, and villas, continue to attract discerning clients, including international investors. The agency offers properties ranging from €10,000 to €25,000/m², depending on the location and quality of the property.

Paris Marais Sotheby's International Realty: the historic marais district

With an average price of €12,000 to €20,000/m², Le Marais is one of the most expensive neighborhoods for luxury real estate in Paris. Paris Marais Sotheby's International Realty is an expert in selling exceptional properties, including lofts, mansions, and high-end apartments. The demand for these historical properties, often renovated to high standards, remains strong, with prices typically starting at €15,000/m² and rising based on the specific location and features of the property.

Paris Est Sotheby's International Realty: the dynamic eastern market

While traditionally more affordable than the central or western parts of Paris, the eastern sector is becoming increasingly desirable, especially for lofts and atypical properties. Prices in this area range from €8,000 to €15,000/m², depending on the property's condition and location. Paris Est Sotheby's International Realty is well-positioned to assist with projects in these up-and-coming districts, attracting clients seeking unique spaces.

The luxury Real Estate market in Paris remains highly dynamic, despite some price adjustments in 2024. The outlook for 2025 is promising, with price increases expected to range between 5% and 7% in the capital's most sought-after districts. Agencies like Paris Ouest Sotheby's International Realty, Paris Marais Sotheby's International Realty, and Paris Est Sotheby's International Realty continue to play a central role in this high-end market, providing clients with local expertise, bespoke service, and exclusive access to exceptional properties.

Whether you are looking for a luxury pied-à-terre in the Marais or a villa in the 16th arrondissement, these agencies are well-equipped to guide you through your prestigious real estate project.