In 2024, real estate sales were clearly dropped into large and small Parisian crowns. But price developments have been much less. They will even go back to certain departments by April.
© Adobe
– Even five years after Covid’s epidemic, “when everyone wanted to buy a piece of greenery, the houses in large crown keep the wind in its sails,” analyzes Elodie Frémont, notary in Paris.
-
To safeguard
Saved
Receive alerts Real estate price
Useless, for real estate buyersto rock illusions. After decreasing 5.6% in the past five years, real estate crisis requires, prices will not collapse in Paris in the coming months. This warning of the notaries of Greater Paris, who count on a stagnation of prices in the capital by April, is worth for the whole of Ile-de-France. In crown (Hauts-de-Seine, Seine-Saint-Denis, Val-de-Marne), sales of old apartments collapsed 15% in 2024, over one year, and 37% since 2022, when the rapid rise in credit rates forced many aspirants to the home ownership to postpone their projects. Sales of houses in these three departing departments of Paris fell more or less in the same proportions, falling to 6,500 last year. “It is half of what is usually sold each year”breath Olivier Clermont, notary in Paris.
But the price evolution did not follow the sales dive. The prices of apartments in small crown have dropped by only 3.2% In 2024, over a year, and, as in Paris, they should stabilize by April, anticipate the notaries, on the basis of sales promises signed at the end of last year. Ditto for the prices of houses, when they dropped more strongly, 6.4%, in 2024.
Crown notary fees: the exemption from first-time buyers, a real headache
The houses in large crown keep the wind in its sails
As in a small crown, sales of apartments in large crown (Yvelines, Seine-et-Marne, Essonne, Val-d’Oise) won 15% in 2024, compared to 2023, and 38% in two years. Same thing for house sales. But, either, the prices did not collapse. Those of the apartments fell less than 2% in 2024, over a year, and the prices of houses fell 4.3%. Better, the notaries of Greater Paris count on their Raised by April1.3% for apartments and 2% for houses. Even five years after the Covid epidemic, “When everyone wanted to buy a piece of greenery, the houses keep the wind in its sails”Elodie Frémont analysis, notary in Paris.
Especially in large crown, “Where goods remain cheaper than small crown, which makes it a real reporting market of the capital “completes his colleague Thierry Delesalle. In Saint-Fargeau-Ponthierry (Seine-et-Marne) and Houilles (Yvelines), two of the most affordable municipalities in the Grande Couronne, the prices of houses increased respectively by 3.2% and 4.3% in the fourth quarter 2024, over a year. This market is “So tense” that the rebound of 3% of sales of houses in large crown, in the last quarter of 2024, “Immediately trained price increases” In the pre-contracts, deciphers Elodie Frémont.
Receive our latest news
Every week your appointment with Real estate news.