French property market: latest official statistics for 2025
Notaires have presented a ‘cautiously optimistic’ but still-mixed picture
Both sale price and volume are on the rise in most areas, according to the report
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An end of year report from notaires shows sales of non-new build properties in France rose by +11% year on year between September 30 2024 and 2025, with prices rising in most areas across the period.
It brings good news for the market overall, but warnings to “remain cautious” persist.
The latest figures published by the Notaires de France and the Conseil supérieur du notariat show that the market has seen a greater number of sales in the last 12 months:
921,000 non-new build property transactions took place between September 30, 2024 and September 30, 2025
This compares to a drop in the past two years, after a peak in 2022. The figures below show the year-on-year changes as of September 30 in the given year:
2022: 1.2 million transactions
2023: A decline to 932,000 transactions
2024: A decline to 845,000 transactions
A non-new build property is, generally, a property built over five years ago with at least one previous owner.
The report also states that “the new-build housing market has been recovering slightly” since the end of 2024.
Some departments saw much higher growth in year-on-year sales of non-new build properties, including Gironde (+18%), Haute-Garonne (+17%), and Rhône (+16%).
In comparison, year-on-year sales in Creuse dropped by -1%, the only department in mainland France to see the number of sales fall.
The end-of-year report by notaires complements the group’s quarterly reports on the status of the property market, using predictions and estimates while official data is still being compiled.
You can see our overview of the most recent quarterly data here.
Price increases in many areas
The report provided estimates for property prices changes across the year at a national level, although full data for individual towns is not yet available (it will be included up to Q3 in the next quarterly report).
Due to notaire data including all non-new build house sales, it can take several months to compile the full position.
Between September 30, 2024 and September 30, 2025, prices for non-new build houses across the entirety of France increased by an estimated +0.2%.
While areas in mainland France outside of the capital saw non-new build house prices increase by +0.5% in this time, in the capital Île-de-France region, prices fell by -1.3% across this period.
This is largely due to the condition of the market around Paris in 2024 however, and estimates for the 2025 year (January 1 - December 31) see house prices expected to increase by +2.1% in the region, and +1.2% across the entire country.
For flats, corresponding year-on-year figures between September 2024 and 2025 were +1.3% across all of France, including the capital region.
This is projected to increase to +1.9% across the 2025 year (+1.7% in Paris and the Île-de-France region and +2.1% outside).
Notaires did highlight some city-level trends between September 2024 - September 2025.
For non-new build flats, year-on-year changes included:
Higher increases in “affordable” towns, including Reims (+2%), Toulon (+2%), Marseille (+2%) and Dijon (+3%).
Decreases in Nantes (-1%), Le Havre (-1%), Lyon (-2%), and Bordeaux (-4%).
While several cities have seen flat prices decrease over five years due to the prolonged slump, all but Grenoble (+9%) have seen prices increase by at least +10% over the last ten years.
The highest, Rennes, has seen prices increase +56% between 2015 and 2025.
The average price per m² for non-new apartments is now €1,150 in Saint-Etienne (the lowest level shown in the report), and €9,570 in Paris (the highest).
For non-new build houses changes include:
Higher increases (+3%) in cities including Reims, Saint-Étienne, Grenoble, Lille and Dijon.
“Near-record median [price] levels” in Marseille-Aix-en-Provence, Grenoble, Dijon and Lille
Price falls in cities including: Lyon (-5%), Montpellier and Nantes (-3%) and Bordeaux (-2%).
Across the last ten years, house prices have increased by at least +10% in all cities, with Paris (+12%) being the lowest followed by Grenoble and Reims (+17%).
Rennes (+38%) again showed the highest increase.
Purchasing power rises
Overall, buyers’ purchasing power for non-new build properties has increased, the report shows, with buyers being able to afford, on average:
On average, a €300,000 budget will now buy:
A two-bedroom flat in Paris’ 18th arrondissement
A three-bedroom flat in Lyon
A six-bedroom house in Le Mans
This gain is in part due to a rise in average disposable income (up 1.5% this year), the report said.
‘Cautious optimism’
Overall, the Notaires de France said that the property market was recovering, but that their “optimism remains cautious” echoing comments from its most recent quarterly report.
"After two years of sharp decline, the property market began to recover in the last quarter of 2024, continuing into 2025,” stated Me Priscille Caignault, from the Conseil supérieur du notariat.
“French people have a definite appetite for property.”
Yet, she tempered this with a mild warning: “Our optimism remains cautious given the political, economic and geopolitical uncertainties that continue to weaken the outlook for the property market and prevent a clear recovery.
“[Buyers] are sensitive to a stable economic and political environment,” she said.
