Overview
- The Paris real estate market has been recovering over the past three months, with rising buyer activity and prices stabilizing or increasing in certain areas.
- Significant price disparities persist in central Paris, with properties near Les Halles priced at €11,000/m², compared to €25,000-€28,000/m² near the Palais-Royal.
- Seine-Saint-Denis is attracting more buyers due to its affordability and improved perception following the Olympic Games, with prices averaging €4,000/m² in Aubervilliers.
- Luxury properties in Paris have remained resilient throughout the market downturn, continuing to command high prices and strong demand.
- The Olympic Games have played a key role in reshaping the image of Seine-Saint-Denis, contributing to its growing appeal among property buyers.