*source Notaires de France, median price of all apartment sales
between July - September 2022
As we said in the introduction,
around 12,000 Parisians a year are
jumping across the Périphérique
in search of larger properties.
With outside space and modern
amenities - VEFA (new builds) are
particularly popular, as they tend to
have excellent energy ratings and
low running costs. Suburbs with
easy Metro access are, of course,
most popular. Clichy is on line 13
and home to L'Oreal and other bluechip companies, similarly Issy-lesMoulineaux
is home to Microsoft
and Canal+ and easily accessible
on line 12. Families tend to prefer
Montrouge, with its swimming
pool and ice rink easily accessible
on line 4, while the wealthy look in
Saint-Germain-en-Laye, with its
historic château, boutiques and
glorious forest - it is 28 min by RER
to Châtelet-les-Halles in the city
centre.
Beatrice Saba covers two areas with
different market characteristics:
"In dept 94 (Saint Mandé, Vincennes
and Fontenay-sous-Bois) demand
is stable with plenty of enquiries,
particularly from the domestic
market. Buyers tend to be looking
for big, older apartments with plenty
of space. Properties within walking
distance of the beautiful Bois de
Vincennes, with its famous château,
zoo, and splendid wooded trails, are
particularly popular.
Meanwhile, Seine-Port and SaintFargeau-Ponthierry
are on opposite
sides of the Seine and are also
popular. Demand is stable and,
again, it is French buyers that make
up most sales. Houses with a garden
and swimming pool are in demand.
Nearby Cesson is a popular choice
too and the RER station gives easy
access to the city centre."
A little further south, Magali
Lecomte covers the area around
Fontainebleau, famous for the
large and scenic forest, and a
favourite weekend getaway for
Parisians seeking the countryside.
It has an excellent reputation as it
is home to INSEAD, one of the most
prestigious business schools in the
world. Magali tells us:
"We always see a healthy demand
from Parisians, either looking to
move out of the city centre, or to buy
a second home here. We have seen
a slight drop in demand recently as
well as fewer new mandates coming
on to the market. I would love to take
on more houses of 180/200m², with
a garden, as these are what clients
are looking for. In terms of location
then the centre of Fontainebleau
itself is seen as "prime" and the
surrounding towns, with a station,
are popular with commuters. They
offer a superb quality of life, yet easy
access to the unique amenities in the
centre of Paris."
Further north, on the other side
of Paris, Edward Hoyle covers the
area around Saint-Leu-la-Foret. His
buyers too have been mainly French
and he has seen a slight decline in
enquiries:
"Demand is slightly lower, due to the
increased cost and complication of
borrowing. This is particularly true
at the higher end of the market,
where the cost of maintaining
ÎLE-DE-FRANCE 77, 78, 91, 92, 93, 94, 95
12 Leggett International Real Estate
Current sales trends
Seine-et-Marne (77) 3 300 euros per m²
Yvelines (78) 4 130 euros per m²
Essonne (91) 3 260 euros per m²
Hauts-de-Seine (92) 7 230 euros per m²
Seine-St-Denis (93) 3 930 euros per m²
Val-de-Marne (94) 5 230 euros per m²
Val-d'Oise (95) 3 300 euros per m²