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French House Prices Half-Year 2017

The latest departmental market analysis shows average prices outside of Paris ranging from €650m² in the Creuse to €3,900m² in the Alpes Maritimes.

Over the past few months there have been a spate of reports from estate agents and notaires concerning the performance of the housing market in the first half of the year.

All report that activity levels continue to be historically high, with over 900,000 sales on an annualised basis, driven in large measure by equally record-breaking low mortgage interest rates.

Prices in most of the main cities and towns have also moved upwards by several percentage points.

Outside of the Ile-de-France the notaires state house prices have risen on average by 2.9% in the year to 30th June 2017.

However, appearances can be deceptive, for information on the state of the market in rural areas remains scant, and what little that has been provided suggests that in most areas of the country prices are either stagnant or falling.

In addition, there are also indications that since June the market in the conurbations has slowed, with demand for mortgages having fallen and reports of prices softening.

With reliable data on the movement in rural house prices unavailable we present below a table which shows the average selling price of property for each department of France, for sales that took place over the first half of the year to the end of June. The table also shows the minimum and maximum average price ranges in each department for sales over this period.

As can be seen, outside of Paris there is a difference of 600% between the cheapest and the most expensive departments, with Creuse in the Limousin coming in at €650m² and Alpes Maritimes in Provence Alpes Côte d'Azur averaging €3,900m².

The national average price over the same period was €2,040m², with an average minimum price of €1,340m², and average maximum price of €3,130m².

House Prices Half-Year 2017
Region/Dept
Minimum Price
Average Price
Maximum Price
AUVERGNE-RHONE-ALPES
Ain €1,270
€1,710
€2,240
Allier €640
€940
€1,250
Ardèche €1,040
€1,480
€1,870
Cantal €630
€910
€1,180
Drôme €1,370
€1,750
€2,060
Isère €1,140
€1,880
€2,380
Haute-Loire €680
€1,040
€1,460
Loire €960
€1,390
€1,760
Puy-de-Dôme€1,040
€1,520
€1,970
Rhône €1,960
€2,550
€3,180
Haute-Savoie €2,470
€3,090
€3,760
Savoie€1,490€2,020
€2,560
BRITTANY
Côte d'Amour€870
€1,250
€1,660
Finistère€1,030
€1,380
€1,730
IIe-et-Vilaine €1,220
€1,690
€2,180
Morbihan
€1,100
€1,640
€2,220
BOURGOGNE FRANCHE-COMTE
Belfort
€1,040
€1,380
€1,700
Côte-d'Or€1,080
€1,560
€1,990
Doubs
€1,060
€1,490
€1,930
Haute-Saône€670
€1,000
€1,290
Jura
€810
€1,120
€1,470
Nièvre€580
€840
€1,090
Saône-et-Loire€800
€1,100
€1,450
Yonne
€800
€1,080
€1,380
CENTRE-VAL DE LOIRE
Cher
€630
€960
€1,280
Eure-et-Loir
€1,090
€1,440
€1,810
Indre
€630
€880
€1,160
Indre-et-Loire
€1,240
€1,670
€2,070
Loir-et-Cher
€870
€1,150
€1,480
Loiret
€1,180
€1,500
€1,860
GRAND EST
Ardennes€680
€970
€1,290
Aube
€880
€1,250
€1,590
Haute-Marne
€430
€730
€1,110
Marne
€1,130
€1,520
€1,960
Meurthe-et-Moselle
€1,030
€1,400
€1,730
Meuse
€520
€780
€1,090
Moselle
€980
€1,430
€1,890
Bas-Rhin
€1,300
€1,720
€2,200
Haut-Rhin
€1,350
€1,710
€2,120
Vosges
€590
€920
€1,290
HAUTS DE FRANCE
Aisne €750
€1,070
€1,370
Nord €1,030
€1,450
€1,950
Oise €1,470
€1,810
€2,190
Pas-de-Calais€1,030
€1,340
€1,670
Somme €970
€1,320
€1,750
ILE-DE-FRANCE*
Paris€7,550
€8,700
€10,000
Seine-Saint-Denis€2,490€3,160€4,090
Haute-de-Seine€4,620€5,570€6,790
Val-et-Marne €3,060
€3,970
€5,040
Val d'Oise €2,270
€2,710
€3,290
Yvelines€2,740
€3,470
€4,430
Essonne €2,050
€2,600
€3,240
Seine-et-Marne€2,220
€2,790
€3,330
NOUVELLE-AQUITAINE
Charente €710
€1,030
€1,320
Charente-Maritime €1,270
€1,770
€2,500
Corrèze €740
€1,010
€1,330
Creuse €420
€650
€940
Deux-Sèvres €700
€1,000
€1,330
Dordogne €810
€1,090
€1,420
Gironde €1,540
€2,250
€2,960
Landes €1,220
€1,670
€2,280
Lot-et-Garonne €850
€1,160
€1,460
Pyrénées-Atlantiques€1,230
€1,720
€2,390
Haute-Vienne €740
€1,080
€1,390
Vienne
€810
€1,180
€1,520
OCCITANIE
Ariège €670
€1,000
€1,400
Aude €870
€1,320
€1,840
Aveyron €690
€990
€1,400
Gard €1,360
€1,810
€2,240
Gers €780
€1,130
€1,580
Haute-Garonne €1,570
€2,120
€2,600
Hautes-Pyrénées €910
€1,240
€1,580
Hérault €1,530
€2,160
€2,790
Lot€800
€1,150
€1,500
Lozère €680
€1,000
€1,350
Pyrénées-Orientales€1,380
€1,870
€2,430
Tarn €860
€1,210
€1,610
Tarn-et-Garonne €1,040
€1,360
€1,700
NORMANDY
Calvados
€1,300
€1,700
€2,180
Manche
€850
€1,200
€1,570
Orne
€740
€1,020
€1,300
Eure
€1,210
€1,500
€1,780
Seine-Maritime
€1,280
€1,590
€1,930
PAYS DE LA LOIRE
Loire-Atlantique
€1,600
€2,080
€2,620
Maine-et-Loire
€980
€1,330
€1,680
Mayenne
€840
€1,120
€1,420
Sarthe
€950
€1,270
€1,590
Vendée€1,140
€1,560
€2,040
PROVENCE-ALPES-COTE D'AZUR
Alpes-de-Haute-Provence
€1,330
€1,860
€2,210
Alpes-Maritimes€2,980
€3,900
€4,960
Bouches-du-Rhône
€2,340
€2,900
€3,600
Hautes-Alpes
€1,300
€1,870
€2,390
Var€2,380
€2,990
€3,920
Vaucluse
€1,640
€2,090
€2,550

* Apartments for Ile-de-France

Source: Notaires de France

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This article was featured in our Newsletter dated 07/11/2017





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