Graph: see latest flat price changes in your area of France
Nice was among the cities to see prices rise last year
The coastal city of Nice is the second most expensive area to buy a flat in France, and one of the few cities that saw prices rise last yearStoyanh/Shutterstock
Flat prices fell in all but five cities in France last year, data from notaires confirms.
Despite several areas seeing a rise in the price of houses in 2024 suggesting that an end to the property slump may be on track for 2025, these increases have not been replicated when it came to older (non-new build) flats.
The information comes from the Notaires de France and is the most complete information available as it covers the sale prices of non-new build properties in the country.
Due to the time it takes to compile the data, full information is only available for the time period roughly two quarters before the publication date.
The data below is thus accurate up to the end of 2024 and shows the change in prices between October - December 2024 when compared to the same period the year before (October - December 2023).
Most cities see prices of non-new build flats fall
The only cities to see prices rise were Nice (+2.6%), Rennes (+0.7%), Tours (+0.3%), Toulon (+1.1%) and Mulhouse (+11.3%).
Otherwise, price drops were recorded across all other French regions and areas.
Amongst those cities showing higher price drops were Limoges (7.8%), Bordeaux (-7.1%), Grenoble (-6%) and Toulouse (-5.9%).
At the same time, these are less than some drops seen in non-new build houses during the same time.
In terms of price per m², Paris is the most expensive, just under twice as costly as the next most expensive city (Nice).
However, the fall in prices associated with the post-Covid slump is significant. €10,000 per m² was previously viewed as a barometer of Parisian flat prices, but prices in 2024 were some €500 less than this and still falling.
Following Paris and Nice, other major cities are the most expensive, as you would expect.
Perhaps it is surprising however that the second largest city, Marseille, is not in the top ten most expensive for non new-build flats.
At the opposite end, the cheapest cities were industrial centres Saint-Etienne and eastern Mulhouse. Both around €1,000 per m² than the next cheapest on the list, Nancy.
You can see the full information in the graph below.
