If you are contemplating buying an apartment in Paris from America, Australia or elsewhere, you may be wondering what will the real estate market be like in 2025. Let's explore.
Over the last three years, the French real estate market has seen an unprecedented decline in property prices, even in Paris. This has resulted from reduced demand due to economic uncertainty, prompting sellers to lower their prices to entice buyers. The price decline was further exacerbated by the rise in interest rates.
🥐 Reflecting on 2024
In 2024, real estate prices in Paris decreased by 7.4%, one of the most significant drops in France. At the time of writing this article, the average price per square meter in Paris is €9,450. Additionally, prices have stabilized, and interest rates have started to decline.
🥐 So What To Expect in the Paris Real Estate Market 2025?
With interest rates slowly declining, many experts are predicting that the market will gradually recover. As a result, sellers will likely begin to raise their prices in response to renewed demand. However, with the current French political climate, it is likely that interest rates and prices will remain stable through 2025. At worst, any price increase is expected to be moderate and gradual.
🥐 What Does This Mean for International Buyers?
For international buyers, there’s still plenty of opportunities in the Paris real estate market—especially if you're well-prepared.
Strong Negotiation is Key: Although prices may rise slowly, buyers who understand the market trends and are well-advised will continue to have negotiating power. Many buyers are still cautious, and economic uncertainty remains a factor. This means negotiations will be critical, and buyers can often secure better deals if they approach the market strategically.
Abundant Supply in Paris: Despite the gradual recovery, supply in Paris remains relatively abundant, especially as some Parisians continue to move to the suburbs or the countryside in search of more (green) space. This leaves plenty of options for international buyers, giving you more leverage in finding the right property. With many buyers still hesitant, you’ll have time to explore different neighborhoods and secure a great deal.
🥐 To Conclude: Opportunities for Savvy International Buyers
For those planning to buy in Paris, 2025 could be a great time to make your move. Prices will likely remain relatively low. Sellers will probably try to increase their prices but the market will still offer opportunities for buyers who are informed and ready to negotiate.
Happy holidays! 🎄🎁
Happy property hunting in 2025,
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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