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Once more 2004 has been a exceptional year for the property market with an average increase of 15.5% in France. In fact since 1998 property prices have increased by 70% and 47.7% since 2001.
Every where in France property prices have gone up
Resale property
| Town | Average price €/m² | % |
| Annecy | 2813 | +10.9% |
| Biarritz | 3520 | +15.6% |
| Bordeaux | 2019 | +22.7% |
| Brest | 1172 | +16.7% |
| Caen | 1700 | +20% |
| Cannes | 3641 | +8.5% |
| Colmar | 1703 | +4.6% |
| Dijon | 1731 | +14.5% |
| Grenoble | 2248 | +19.8% |
| Lille | 2032 | +18.7% |
| Lyon | 2389 | +21.1% |
| Marseille | 2525 | +17.9% |
| Nantes | 2101 | +16.4% |
| Orléans | 1724 | +13.6% |
| Rennes | 2249 | +17.5% |
| Strasbourg | 1901 | +18.8% |
| Toulouse | 2134 | +22.8% |
| Tours | 1711 | +15.6% |
| Ville | Increase In % | Average price €/m² |
| Aulnay-sous-Bois (93) | +66.6% | 1779 |
| Pantin (93) | +26.9% | 2274 |
| Fontenay-sous-Bois (94) | +25.7% | 2690 |
| Rosny-sous-Bois (93) | +23.7% | 1985 |
| Noisy-le-Grand (93) | +23.1% | 1954 |
| Colombes (92) | +22.7% | 2370 |
| Epinay-sur-Seine (93) | +22.4% | 1535 |
| Issy-les-Moulineaux (92) | +22.3% | 3668 |
| Saint-Denis (93) | +22% | 1680 |
| Asnières (92) | +21.4% | 2976 |
Higher increase for the apartments : prices increased much more for the apartments (+ 17,8 %) than for houses (+ 12,5 %). Apartments, even if they are more expensive if we consider the price per square meter (2 532 € in average, against 1 838 € for houses) are less expensive regarding their seize.
Huge demand for small apartments : Regarding the apartments, the demand for small apartments has been extremely high (studios and 1 bed) with an increase of 19,6 % against + 13,5 % for the 3 and 4 bed apartments.
Paris and suburb
As usual Paris and suburb experienced the highest increases: in Paris the average price end of 2004 was 4 465 €/m2. In suburb the average price 2 726 €/m2, with a difference between west of Paris in the Hauts-de-Seine (3 367 €/m2) and east of Paris in the Seine-Saint-Denis (1 880 €/m2).
In Paris, the increase has been 13 % and 16 % in suburb. The demand is becoming higher in suburb than in Paris and even higher in large suburb.
Paris Centre :
Prices are very different from an "arrondissement" to another one. The most expensive one is as usual the 6th with an average of 7 045 €/m2, and the cheapest one is the 19th (3 232 €/m2).
Bertrand Le Mire | Date Published : 2005-03-03 15:57:37 | Last modification time : 2005-03-09 23:32:19
