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Cars Real Estate: Price drop in several districts of Paris

07:50  25 november  2021
07:50  25 november  2021 Source:   lepoint.fr

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S Ur The Parisian real estate market, the health crisis continues to leave traces. While the prices did not end up climbing, the pandemic marked a real stop at sales volumes within the capital, which resume slightly in the third quarter 2021, according to BFMTV . While the prices reached are far from affordable, the rise seems overall to stop.

Sometimes even, in six boroughs exactly, the average price of transactions is sharp decline. The chain explains that the center (- 2.5%), the 20th and the 11th (- 2.3%) are the most affected, alongside the 14th, 15th and 18th arrondissements, which records decreases a little more from 1 %. In the 17th, 16th, 10th and 13th arrondissements, prices also record a lighter decline.

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Some rising

neighborhoods on the other hand, the 19th arrondissement of Paris recorded a rise in prices of around 3.8%, as is the 7th arrondissement, for example. The average prices range from 14,230 euros / m² at 9 410 euros / m² in these districts. Thus, the most expensive neighborhoods tend to take value, but also the boroughs whose price per square meter is still on average below 10,000 euros. According to BFMTV, the notaries of Greater Paris consider that prices in Paris should stabilize by the month of January 2022 with a ceiling of 10,700 euros / m².

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