French News Archive

Property Market

House Prices in France 2014-16

Tuesday 13 June 2017

The movement in house prices in France over the past three years shows substantial variation across the country, but with few signs of any significant increase in prices.

Each year the Notaires de France publish their review of the housing market and the movement in prices.

Using their published analysis from the past three years we set out below the figures for 2014 to 2016 for each department of France. The table also shows the average house price in each department in 2016.

Although for 2016 there are some strangely aberrant figures, the table shows that over the past three years, with very few exceptions, there has been no upward movement in prices, with prices either remaining stable or continuing to fall.

Only in one department of France, the Cote d'Or (Burgundy), have prices risen in each of the three years, but even in this case by a negligible amount.

Conversely, in the 11 departments below prices have fallen consecutively over the past three years:

  • Cantal (Auvergne-Rhône-Alpes);
  • Yonne (Bourgogne-Franche-Comté);
  • Meurthe-et-Moselle, Vosges (Grand Est);
  • Charente, Charente-Maritime, Corrèze, Pyrénées-Atlantiques, Haute-Vienne (Nouvelle Aquitaine);
  • Lozère (Occitanie) ;
  • Vaucluse (Provence-Alpes-Côte d'Azur).

Nevertheless, there are signs of greater upward movement in 2016 in a larger number of departments. In some cases, the variation in prices is exceptionally large, both up and down (eg, Indre, Puy-de-Dôme, Corrèze, Mayenne), and such figures need to be treated with great caution. Overall in the year, the notaires report that house prices rose on average by 1.4%.

There are also indications that the upward movement of prices is continuing in 2017, with the notaires reporting recently that in the first quarter of the year house prices outside of Paris rose by 1.9%, compared to 0.3% in the same period in 2016. At this stage no departmental analysis is available but we will provide more information in due course.

As usual with such figures we need to give our usual health warning that they are obtained from transactions that have taken place in the main urban areas in each department and do not necessarily reflect what is happening to rural properties. Reports we have received from estate agents on our property portal suggests that the market for such properties in most areas continues to be stable or falling.

In addition, the figures take no account of the size or condition of the property, or structural changes that might have occurred in the year in the market eg, a change in demand for lower or higher value properties.

House Prices 2014-16
Region/Dept
% Change 2014
% Change 2015
% Change 2016
Average Price 2016
AUVERGNE-RHONE-ALPES
Ain -1.6%+0.2% -4.3%€176,900
Allier +0.9%-2.9%+2.2% €88,000
Ardèche -0.5%+0.3%-3.0% €142,300
Cantal -1.9%-0.5% -9.1% €100,000
Drôme -1.4%+0.2%-2.8% €183,600
Isère -1.7%+1.5%+5.4% €208,600
Haute-Loire -1.9%-0.5%+2.2% €115,800
Loire -1.5%+0.6%+3.1% €148,000
Puy-de-Dôme-4.8%+1.9%+19.7%€165,200
Rhône -1.2%+1.1%+3.0% €280,000
Haute-Savoie -2.6%+0.3%-0.2% €349,300
Savoie+0.2%+0.6%-0.9% €219,000
BRITTANY
Côte d'Amour-3.5%+1.9%+7.7% €124,900
Finistère-1.8%+1.7%+4.0% €140,000
IIe-et-Vilaine -2.6%+2.4%+2.9% €175,000
Morbihan
-0.1%-0.8%0.0% €165,000
BOURGOGNE FRANCHE-COMTE
Belfort
+1.9%-2.1%-1.2% €152,200
Côte-d'Or+2.5%+0.1%+0.1% €161,000
Doubs
+1.5%-1.4%-3.2% €150,000
Haute-Saône+2.7%-3.3%+10.6%€117,300
Jura
+2.0%-2.4%+11.7% €134,000
Nièvre-0.7%-0.4%+5.2% €76,000
Saône-et-Loire+1.5%+0.8%-0.1% €116,400
Yonne
-5.7%-2.1%-8.3% €110,000
CENTRE-VAL DE LOIRE
Cher
-4.7%-2.0%+5.6% €95,000
Eure-et-Loir
-4.1%-2.8%0.0% €140,000
Indre
-10.0%+6.7%-21.7%€75,000
Indre-et-Loire
-3.3%+0.7%-0.6%€169,900
Loir-et-Cher
-7.2%-0.8%+2.1% €117,400
Loiret
-1.3%-1.2%+2.0% €150,000
GRAND EST
Ardennes
-3.2%+1.4%+8.4% €102,400
Aube
+1.1%-5.0%+8,3%€130,000
Haute-Marne
-1.5%-2.9%0.0%€75,000
Marne
-2.2%-2.9%+6.4%€167,000
Meurthe-et-Moselle
-4.3%-1.0%-2.0%€145,500
Meuse
-2.7%-3.3%+2.3%
€90,000
Moselle
-6.0%+0.8%+2.9%
€159,000
Bas-Rhin
-0.7%+2.2%+1.4% €208,000
Haut-Rhin
+0.1%+1.8%-3.1% €184,100
Vosges
-2.5%-3.4%-7.0%€106,700
HAUTS DE FRANCE
Aisne -3.3%-1.4%+3.7%€112,000
Nord -3.4%+1.0%+0.9% €143,600
Oise -3.9%+1.6%+4.7% €180,000
Pas-de-Calais-4.6%+1.6%+3.8%€135,000
Somme -1.4%-3.9%+5.9% €126,000
ILE-DE-FRANCE*
Paris-0.4%-0.4%+4.4% €8,340m2
Seine-Saint-Denis-1.6%-1.6%+1.8% €5,300m2
Haute-de-Seine-2.5%-2.5%+3.4% €4,350m2
Val-et-Marne -1.3%-1.3%+3.1% €3,210m2
Val d'Oise -1.4%-1.4%+2.4% €2,670m2
Yvelines-3.8%-3.8%+2.8% €3,700m2
Essonne -1.1%-1.1%+1.0% €2,580m2
Seine-et-Marne-1.4%-1.4%
+1.1% €2,590m2
NOUVELLE-AQUITAINE
Charente -0.7%-0.3%-3.0% €106,000
Charente-Maritime -1.2%-0.0%-0.1% €169,800
Corrèze -1.2%-1.9%-15.0% €85,000
Creuse -3.8%-0.8%
+1.7% €64,100
Deux-Sèvres -1.8%-1.1%+5.0% €105,000
Dordogne -2.8%+1.2% +7.5% €118,300
Gironde -1.0%+2.9%+3.7% €223,000
Landes -1.6%-2.5%+8.3% €170,000
Lot-et-Garonne -2.8%+1.6%-4.9% €117,000
Pyrénées-Atlantiques-0.9%-1.7%-0.6% €203,700
Haute-Vienne -1.1%-1.9%-0.9% €117,000
Vienne
-2.0%-2.7%+6.6% €130,000
OCCITANIE
Ariège -4.7%+4.1%+11.8%
€104,000
Aude -5.5%+1.4%+10.2%€141,800
Aveyron -2.1%+1.6%
+0.8% €110,900
Gard -2.8%-0.4%+2.1% €110,900
Gers -2.1%+1.5%+10.2%€149,800
Haute-Garonne -2.2%+0.8%-1.3% €220,000
Hautes-Pyrénées -4.4%+3.1%-2.1%
€122,500
Hérault -4.5%+1.3%+3.9% €208,500
Lot-2.2%+1.5%+2.2%€125,500
Lozère -4.4%-0.7%
-12.1% €92,300
Pyrénées-Orientales-6.0%+0.9%+3.0% €170,000
Tarn -0.8%+1.9%-4.7% €133,500
Tarn-et-Garonne -0.3%+1.3%-0.2% €142,800
NORMANDY
Calvados
-3.2%+0.6%+7.1% €165,000
Manche
-3.2%+0.2%-0.4% €125,000
Orne
-1.4%-1.4%+8.8% €99,000
Eure
-2.1%+0.3%+5.9% €149,500
Seine-Maritime
-4.1%+0.4%-1.3% €150,000
PAYS DE LA LOIRE
Loire-Atlantique
-1.6%+2.3%+3.1% €200,000
Maine-et-Loire
-2.2%+2.6%-4.7% €143,000
Mayenne
-2.8%+2.9%+15.0%€115,000
Sarthe
-1.7%+1.3%-1.7% €118,000
Vendée+0.6%-0.1%+0.3% €145,000
PROVENCE-ALPES-COTE D'AZUR
Alpes-de-Haute-Provence
-4.5%+0.3%-8.6% €160,000
Alpes-Maritimes-3.9%+1.7%+1.1% €440,400
Bouches-du-Rhône
-2.1%-1.4%+4.7% €288,000
Hautes-Alpes
-4.5%+0.3%-9.7% €191,500
Var-8.3%+1.1%+3.1% €305,000
Vaucluse
-1.7%-0.2%-1.7% €207,000
*Apartments for Ile-de-France

Source: Notaires de France

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