PARIS LEFT BANK 5, 6, 7, 13, 14, 15
Current sales trends
5th arrondissement 12 980 euros per m²
6th arrondissement 15 290 euros per m²
7th arrondissement 14 670 euros per m²
13th arrondissement 9 730 euros per m²
14th arrondissement 10 400 euros per m²
15th arrondissement 10 500 euros per m²
*source Notaires de France, median price of all apartment sales between July -
September 2022
10 Leggett International Real Estate
If the confinements made some
Parisians leave the capital, Paris will
always be Paris. Its historical heart
(notably the Île Saint Louis, the Île de
la Cité, the surrounding quays, the
5th arrondissement near the Seine
quays, and the Marais) continue to
make people dream. These areas
attract French and international
clients sensitive to the wonderful
stories told by the old stones of the
historical buildings, classified or not.
If living on the Île Saint-Louis remains
a real privilege, there are addresses
on the other side of the Seine, in
the 5th arrondissement, offering
breath-taking views of the island
The beautiful neighbourhoods of
the left bank remain in demand,
although secondary areas are now
seeing some price falls.
Apartments with a good address,
outdoor space and a pretty view
are still being snapped up by French
buyers, particularly in the popular
7th arrondissement.
The time between a property hitting
the market and being sold has never
been quicker than in the last three
years, although this is now beginning
to widen. This could well open the
door to overseas buyers who have
been finding it difficult to compete
with local buyers who are in-situ and
able to view properties before they
hit the open market.
Claudie Mezieres is an expert on
the market in the 5th and along the
quays, she explains why real estate
there remains attractive:
"After a break due to the health
crisis, clients looking for a property
in Paris have come back once again,
just as quickly as they left.
and a very pleasant neighbourhood
life. 2024, the year of the Olympic
Games, will undoubtedly see the
return to grace of the Île de la Cité
with its restored Notre Dame and
its apartments with a view of the
building, giving the feeling that you
are touching the roof of the world.
It is true that we are currently
faced with quite drastically
tightening financing conditions,
that are reducing the number of
potential buyers, but for exceptional
properties cash buyers are always
looking for their new Parisian
address."