Buying accommodation in Paris remains “a luxury reserved for some”underlines a study published this Friday, November 14 by the real estate announcements portal between individuals PAP. Despite a fall of around 10% since 2022, “a rare movement in Paris” according to the study, the median price per square meter stay “very high”has 9,611 euros per square metershe admits. To buy an apartment of 100 square meters, you need to count on 961,100 euros, a hefty bill to which are added notary fees representing on average 8% of the purchase price, or 76,888 euros in our example. That’s the tidy sum of more than a million euros!
But you are obviously not obliged to buy 100 square meters… Above all, the median price of 9,611 euros hides significant differences between the 20 districts of Paris. Thanks to the drop in prices that occurred between 2022 and 2024, no less than seven Parisian districts are today below 9,000 euros per square meter (see infographic). It is the case of the 13th and 15th centurieswhere the square meter is worth 8,630 euros and 8,860 euros respectively, according to PAP data. Good news for first-time buyers, by the way “return” in these two districts, observes the study.
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The reassuring image of the 13th and 15th arrondissements
“These residential sectors concentrate everything that attracts buyers wanting to settle in Paris: family housing, schools, local shops, excellent public transport connections and real neighborhood life. The 15th and 13th centuries also benefit from a reassuring image, unlike the 18th century, which is more nuanced.analyzes the study. The 18th century where the price per square meter fell by almost 2% compared to last year, to 8,420 euros, while it increased by 5% in the 13th and around 1% in the 15th.
But the cheapest district of Paris remains the 19thwith a square meter at 7,400 euros. That is an impressive difference of 5,640 euros with the most expensive district, the unbeatable VIth and its 13,040 euros per square meter! Not only is the 19th century relatively cheap, but prices there have fallen by 1% since the start of the year, compared to 2024.
The cheapest district in competition with the inner suburbs
And it’s a safe bet that this trend will continue, with the number of buyers having plunged by 9% in this district in one year. A fall that PAP explains by “there competition from the inner suburbswith cities that are even more affordable, well connected (to transport) and in full transformation thanks to the arrival of new metro lines, the creation of eco-neighborhoods or the development of cultural and leisure spaces, such as Bagnolet, Les Lilas and Romainville..
