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Real Estate
06 January 2025

French Real Estate Market Insights For January 2025

Recent analysis reveals fluctuated pricing trends across major cities, affecting both sales and rentals.

The French real estate market continues to evolve, with key updates for January 2025 shedding light on sales and rental trends across various cities. Lokimo, a startup specializing in real estate data analysis and artificial intelligence, provides comprehensive insights based on monthly surveys of real estate transactions.

At the forefront of these updates is Beausoleil, where the median selling price for real estate reached €8,709 per square meter on January 1, 2025. This figure reflects significant growth, showcasing a 4.4% increase over the last quarter and a 1.1% rise over the prior year. Further analysis reveals price diversity among property types, with homes averaging around €14,000 per square meter and apartments hovering around €8,673 per square meter. For example, T3 houses sell for approximately €13,636 per square meter, whereas T4 and T5 houses average around €7,955 and €7,965 per square meter, respectively.

When considering rentals, Beausoleil exhibited significant shifts. The median rental prices amounted to €36 per square meter for T1 apartments, €30 for T2, and €30 for T3 and above. The overall average, covering all apartment types, landed at €31 per square meter, representing a staggering 19.9% increase compared to the previous year. Fluctuations were noticeable among different apartment categories, with T2 rentals seeing a 16.6% hike, and T3 and larger properties climbing by 18.7%.

Shifting focus to Nice, the median selling price stood at €5,714 per square meter, following increases of 2.1% over the last three months and 0.7% over the past year. The average price per square meter for homes was approximately €6,162, contrasted with €5,666 for apartments, marking Nice as competitive but slightly below the departmental average of €5,821.

Conversely, the rental market revealed median prices of €25 per square meter for T1, €19 for T2, and €17 for T3 and larger properties. Overall, the rental market has seen improvements, with the past year exhibiting rises averaging 13.4%. T2 rentals particularly noted growth of 12.5% over last year, though T3 properties experienced minor declines.

Sanary-sur-Mer also presents compelling data, highlighting median sales prices of €6,249 per square meter. This reflects increases of 1.4% over the last quarter and 2.5% yearly. The average price per square meter for homes here registered around €6,120, whereas apartments hit €6,284. Rental prices followed suite; median rents reached €21 for T1, €17 for T2, and €15 for T3 and above, with overall growth of 8.8% over the past year. Consistently, T2 properties saw notable price increases showing significant demand.

Vallauris presented differing dynamics with median transaction prices set at €5,069 per square meter. While the market noted increases of 3% for the last quarter, the year revealed minor fluctuations, showcasing a decrease of 0.2% year-on-year. The pricing spread shows houses priced at €5,720 per square meter and apartments at €4,711. Rentals echoed similar trends where T1 properties averaged €21 per square meter, accounting for overall increases of 7.8% across the board for the past year.

Overall, the real estate metrics across Beausoleil, Nice, Sanary-sur-Mer, and Vallauris underline the necessity for potential buyers and renters to remain well-informed on market conditions. With growing prices and notable increases within specific property types, the data provided by Lokimo empowers stakeholders to make educated real estate decisions.