Paris, Lyon, and Bordeaux are the most expensive cities for residential real estate in France. In Paris, the average square meter price of an apartment was over 9,000 euros in October 2024, while the price for a house was even higher. Apartment prices in Paris went as high as 15,000 euros, depending on the arrondissement.

The average price of a single-family home in Metropolitan France rose in the third quarter of 2023, after dipping slightly in the previous three-month period. People interested in buying a new single-family house in were expected to pay on average approximately 352,942 euros in the third quarter of 2023. A year prior, the median house price was 340,824 euros, indicating an increase of approximately 12,000 euros. Despite the recent upward price movement, the house price index for new homes indicates a slowing pace.

Graph and download economic data for Residential Property Prices for France (QFRN628BIS) from Q1 1970 to Q3 2024 about France, residential, HPI, housing, price index, indexes, and price.

The median selling price of old houses in France was the highest in Nice municipality, followed by Paris and Toulon in 2023. In Nice, the median house sold for 597,700 euros, while in Paris, the price was 471,400 euros. According to the house price index for second-hand housing, house prices nationally decreased slightly in 2023.

Housing Index in France increased to 127.61 points in the third quarter of 2024 from 125.68 points in the second quarter of 2024. This dataset provides the latest reported value for - France House Price Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The house price index for second-hand homes in Mainland France declined in 2023, after peaking in the third quarter of 2022. In the third quarter of 2023, the index value amounted to 132.7 index points, a decline of 1.8 percent from the same period in 2022. Meanwhile, the index for new housing increased at a slightly slower rate. The index measures the development of prices for existing homes, with 2015 chosen as a base year. An index value of 130 means that home prices rose by 30 percent since 2015.

New Houses Sold: Average Sales Price: Region: Paris-Isle-of France data was reported at 314.918 EUR th in Sep 2018. This records a decrease from the previous number of 328.994 EUR th for Jun 2018. New Houses Sold: Average Sales Price: Region: Paris-Isle-of France data is updated quarterly, averaging 322.387 EUR th from Dec 2001 (Median) to Sep 2018, with 68 observations. The data reached an all-time high of 379.266 EUR th in Mar 2008 and a record low of 214.700 EUR th in Mar 2002. New Houses Sold: Average Sales Price: Region: Paris-Isle-of France data remains active status in CEIC and is reported by Ministry of Ecology, Sustainable Development and Energy. The data is categorized under Global Database’s France – Table FR.P004: New Houses: Sales Price.

The house price index for newly built homes in Mainland France declined in 2023, after peaking in the fourth quarter of 2022. In the third quarter of 2023, the index value amounted to 130 index points, an increase of 0.3 percent from the same period in 2022. The highest increase in home prices was observed in the fourth quarter of 2005 when prices rose by almost 13 percent. Meanwhile, prices for second-hand homes increased at a slightly faster rate. The index measures the development of prices for newly built homes, with 2015 chosen as a base year. An index value of 130 means that home prices rose by 30 percent since 2015.

The financial crisis in 2008 led to steep declines in the hose price in France, followed by some large increases. In 2022, the French property market contracted again, with the inflation-adjusted home price declining by 1.28 percent in the fourth quarter of the year. Despite home prices continuing to increase in real terms, in the second quarter of 2022, the inflation-adjusted price change reached a negative 4.28 percent.

The average price per square meter of properties in France as of December 2023 was higher for apartments than for houses. The price for apartments at the upper price point cost approximately 8,270 euros per square meter, while for houses it amounted to 4,350 euros per square meter.

France FR: Standardised Price-Income Ratio: sa data was reported at 107.544 Ratio in 2024. This records a decrease from the previous number of 116.872 Ratio for 2023. France FR: Standardised Price-Income Ratio: sa data is updated yearly, averaging 92.481 Ratio from Dec 1978 (Median) to 2024, with 47 observations. The data reached an all-time high of 126.865 Ratio in 2022 and a record low of 71.464 Ratio in 1998. France FR: Standardised Price-Income Ratio: sa data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s France – Table FR.OECD.AHPI: House Price Index: Seasonally Adjusted: OECD Member: Annual. Nominal house prices divided by nominal disposable income per head. Net household disposable income is used. The population data come from the OECD national accounts database. The long-term average is calculated over the whole period available when the indicator begins after 1980 or after 1980 if the indicator is longer. This value is used as a reference value. The ratio is calculated by dividing the indicator source on this long-term average, and indexed to a reference value equal to 100.

In France, the number of newly built housing units sold or booked for sale declined dramatically in 2023. In the third quarter of the year, there were about 16,000 sales to individuals - the lowest quarterly figure on record. The main reason behind this trend was the declining supply of newly built housing for sale.

France New Houses Sold: Average Sales Price data was reported at 259.174 EUR th in Sep 2018. This records a decrease from the previous number of 261.337 EUR th for Jun 2018. France New Houses Sold: Average Sales Price data is updated quarterly, averaging 245.964 EUR th from Dec 2000 (Median) to Sep 2018, with 72 observations. The data reached an all-time high of 271.383 EUR th in Dec 2017 and a record low of 152.300 EUR th in Sep 2001. France New Houses Sold: Average Sales Price data remains active status in CEIC and is reported by Ministry of Ecology, Sustainable Development and Energy. The data is categorized under Global Database’s France – Table FR.P004: New Houses: Sales Price.

France New Apartment Sold: Average Sales Price: 1 Room data was reported at 4,964.758 EUR/sq m in Sep 2018. This records an increase from the previous number of 4,880.574 EUR/sq m for Jun 2018. France New Apartment Sold: Average Sales Price: 1 Room data is updated quarterly, averaging 4,049.552 EUR/sq m from Dec 2000 (Median) to Sep 2018, with 72 observations. The data reached an all-time high of 5,033.561 EUR/sq m in Mar 2018 and a record low of 2,121.000 EUR/sq m in Mar 2001. France New Apartment Sold: Average Sales Price: 1 Room data remains active status in CEIC and is reported by Ministry of Ecology, Sustainable Development and Energy. The data is categorized under Global Database’s France – Table FR.P005: New Apartments: Sales Price.

France New Houses Sold: Average Sales Price: Region: Pays de la Loire data was reported at 205.415 EUR th in Jun 2018. This records a decrease from the previous number of 205.993 EUR th for Mar 2018. France New Houses Sold: Average Sales Price: Region: Pays de la Loire data is updated quarterly, averaging 194.688 EUR th from Dec 2001 (Median) to Jun 2018, with 67 observations. The data reached an all-time high of 232.313 EUR th in Sep 2014 and a record low of 134.900 EUR th in Dec 2002. France New Houses Sold: Average Sales Price: Region: Pays de la Loire data remains active status in CEIC and is reported by Ministry of Ecology, Sustainable Development and Energy. The data is categorized under Global Database’s France – Table FR.P004: New Houses: Sales Price.

France FR: Price to Rent Ratio: sa data was reported at 117.733 2015=100 in 2024. This records a decrease from the previous number of 125.602 2015=100 for 2023. France FR: Price to Rent Ratio: sa data is updated yearly, averaging 75.149 2015=100 from Dec 1970 (Median) to 2024, with 55 observations. The data reached an all-time high of 129.085 2015=100 in 2022 and a record low of 58.056 2015=100 in 1997. France FR: Price to Rent Ratio: sa data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s France – Table FR.OECD.AHPI: House Price Index: Seasonally Adjusted: OECD Member: Annual. Nominal house prices divided by rent price indices

The average price of residential properties in Marseille in 2024, was the highest in the 7th arrondissement, followed by the 8th arrondissement. In January that year, the square meter price in both arrondissements exceeded 5,000 euros. Overall, it was twice more affordable to buy and apartment in Marseille than in Paris.

France New Houses Sold: Average Sales Price: 4 Rooms data was reported at 257.773 EUR th in Sep 2018. This records an increase from the previous number of 253.243 EUR th for Jun 2018. France New Houses Sold: Average Sales Price: 4 Rooms data is updated quarterly, averaging 234.251 EUR th from Dec 2003 (Median) to Sep 2018, with 60 observations. The data reached an all-time high of 257.773 EUR th in Sep 2018 and a record low of 177.100 EUR th in Dec 2003. France New Houses Sold: Average Sales Price: 4 Rooms data remains active status in CEIC and is reported by Ministry of Ecology, Sustainable Development and Energy. The data is categorized under Global Database’s France – Table FR.P004: New Houses: Sales Price.

France New Houses Sold: Average Sales Price: Region: Provence-Alpes-Azur data was reported at 260.848 EUR th in Jun 2018. This records a decrease from the previous number of 283.288 EUR th for Mar 2018. France New Houses Sold: Average Sales Price: Region: Provence-Alpes-Azur data is updated quarterly, averaging 285.656 EUR th from Dec 2001 (Median) to Jun 2018, with 67 observations. The data reached an all-time high of 354.085 EUR th in Mar 2007 and a record low of 220.900 EUR th in Mar 2002. France New Houses Sold: Average Sales Price: Region: Provence-Alpes-Azur data remains active status in CEIC and is reported by Ministry of Ecology, Sustainable Development and Energy. The data is categorized under Global Database’s France – Table FR.P004: New Houses: Sales Price.

The monthly value of new mortgage lending fluctuated between 14 billion euros (January 2017) and 38 billion euros (September 2017). In May 2023, the value of mortgage loans originated amounted to 14.1 billion euros, down from 24.7 billion euros during the equivalent month in 2022. One of the main reasons for the decline in new lending was the increase in mortgage rates in response to soaring inflation. With borrowing notably more expensive, homebuyer sentiment decreased and buyers were less likely to take out a loan.