As I anticipated in my article 2025: What to Expect in the Paris Real Estate Market?, the real estate market is presently in a relatively stable phase.
Since early February, national prices have remained unchanged and low. However, one aspect that is shifting is the duration sellers are spending to negotiate their selling price.
🥐 What’s Happening in the Market?
Paris is among the most vibrant cities for real estate transactions, with homes typically selling quicker than in other parts of France, usually within approximately 76 days. However, since December 1st, the sales timeline has extended by an additional three days, even in this bustling market.
Overall, the extended sales durations appear to result from many sellers being reluctant to reduce their prices, opting instead to wait for more favorable offers.
🥐 Negotiation Slowing Down, But Still Happening
Negotiation remains relevant, though it's not as prevalent as before. In 2023, there was a 6% increase in properties receiving price reductions between listing and sale. In Paris, by January 2025, only 75% of homes underwent negotiation, down from 81% the previous year.
🥐 Price Cuts and Smaller Discounts
Although negotiation is decelerating, price reductions remain quite frequent. In Paris, the average price reduction is currently -3.1%, in contrast to -3.8% last August.
🥐 🇫🇷 Happy property hunting, may your French real estate journey be as smooth as a buttery croissant! 🥐 🇫🇷
As always, I love to read your comments and answer your questions.
Tomette Paris® is a Registered Trademark in France. INPI certificate number 24 5023079 dated 21 January, 2024.
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