Prime arrondissement trends

25 September 2017, by Savills World Research

Market intelligence on price growth and residential values in the capital’s prime arrondissements

 

FIGURE 5

(click map to expand)

 
Figure 5

Source: Savills World Research, MeilleursAgents.com

1st arrondissement

Price growth, year to August 2017: 3.3%

This small market in the heart of the Right Bank offers history, fashion and culture.

Prestigious streets

• Rue de Valois: €12,000psm

• Place Dauphine: €19,800psm

• Quai des Orfèvres: €17,700psm


4th arrondissement

Price growth, year to August 2017: 5.1%

Prices are now above their 2011 peak. There is high demand for pied-à-terre and prestigious apartments in 17th and 18th century mansions.

Prestigious streets

• Quai d’Orléans: €17,500psm

• Place des Vosges: €15,200psm

• Quai de Béthune: €17,200psm


5th arrondissement

Price growth, year to August 2017: 7.6%

French families are attracted by quality schools, but family apartments are in short supply. Prices grew by 7.6% in the year to August 2017.

Prestigious streets

• Place du Panthéon: €13,100psm

• Rue de Bièvre: €12,800psm

• Quai de Montebello: €13,300psm


6th arrondissement

Price growth, year to August 2017: +5.2%

Demand is strong in this district, emblematic of ‘l’esprit rive gauche’. Prices grew by 50% between 2007 and 2012 and remain high.

Prestigious streets

• Rue de Furstenberg: €18,700psm

• Rue Guynemer: €17,800psm

• Rue de l‘Abbaye: €17,500psm


7th arrondissement

Price growth, year to August 2017: 1.9%

Prices have grown in line with the prime average. The district is characterised by relative stability.

Prestigious streets

• Quai Voltaire: €15,200psm

• Rue Barbet de Jouy: €13,000psm

• Avenue Élisée Reclus: €16,900psm


8th arrondissement

Price growth, year to August 2017: 6%

This is a district of contrasts. Businesses and family apartments are in the north, while the most luxurious properties are concentrated in the south.

Prestigious streets

• Avenue Montaigne: €22,000psm

• Rue de l’Élysée: €17,500psm

• Place François-1er: €17,700psm


16th arrondissement

Price growth, year to August 2017: 5.8%

Hard hit during the downturn, activity has grown rapidly from a 2012 low as buyers seek space and value. Offering larger properties and popular with families, the highest values are found in the north.

Prestigious streets

• Avenue de New York: €11,700psm

• Avenue Georges Mandel: €10,700psm

• Villa Montmorency: €14,600psm

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Key Contacts

Paul Tostevin

Paul Tostevin

Associate Director
World Research

Savills Margaret Street

+44 (0) 20 7016 3883

 

Yolande Barnes

Yolande Barnes

Director
World Research

Savills Margaret Street

+44 (0) 20 7409 8899

 

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