Real estate: the districts of Paris where prices tumble

The prices of the old apartments are leaving to increase in Paris over the last three months but remain down over a year in the vast majority of the districts. Discover the prices per square meter in each district.

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Bad news for Parisian buyers. After months of decrease, the prices of old apartments leave up in the capital. According to the latest barometer published this Wednesday, January 29 by the IAD network of agents, the prices of the apartments have indeed increased by +1.2% over the last three months to reach an average of 10,434 euros per square meter in January 2025. Note that we are talking about the real prices of transactions, since this data comes from sales compromises signed by sellers and buyers. However, it may still be time to do good deals in the capital since over the last twelve months, the prices of old apartments always display a spectacular drop of -4.4%.

If this drop in prices in 2024 concerns almost all the districts of the capital, it is necessarily heterogeneous according to the districts. Thus, it is the second arrondissement, located in the center of Paris, which sees the price of its old dwellings fall in the most spectacular way over the last twelve months (-9.1%), with an average price that is Established at 10,142 euros per square meter in January 2025. Price reductions are also particularly marked in the prestigious 7th arrondissement (-7.9%), where apartments are still negotiated at 13,872 euros per square meter . Note that the 19th arrondissement, located northeast of the capital, displays the lowest prices in Paris at the start of 2025 (7,361 euros per square meter).

Conversely, the prices of ancient apartments increase slightly over a year (-0.6%) in the 9th arrondissement, where demand seems not to weaken. With an average price which reaches 11,466 euros, it is the only district of the capital which has seen the price of its accommodation progress over the last twelve months. The price increase remains moderate in the very upscale eighth arrondissement (+1.8% over a year), where the square meter is negotiated on average at 11,528 euros per square meter.

This decrease in general prices over the last twelve months in the capital is mainly explained by the fall in demand observed in the past two years, due to the sudden increase in mortgage rates, between the beginning of 2022 and The end of 2023. But for a year, mortgage rates have been falling down and reached an average of 3.45% in January 2025, according to the CAFPI broker. Consequently, demand is bounced back at the start of the year, which mainly explains the rise in the prices of old apartments over the last three months in the capital. It remains to be seen whether this Haussier cycle will continue in the coming months, while mortgage rates could go up.